MCKENZIE HEALTH SYSTEM — financial and operating metrics

CCN 231314, SANDUSKY, MI · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified92635791122195
Total facility inpatient daysunverified9509049319671,3031,238
Total patient revenue (gross charges)unverified$37,563,206$39,648,718$41,713,434$42,787,671$46,274,781$53,614,798
Contractual allowances and discountsunverified$15,452,533$15,330,195$15,961,698$16,144,026$16,332,814$20,683,126
Net patient revenueunverified$22,110,673$24,318,523$25,751,736$26,643,645$29,941,967$32,931,672
Total operating expensesunverified$24,293,868$26,214,073$27,573,822$30,049,067$31,212,086$34,391,995
Net income from service to patientsunverified$-2,183,195$-1,895,550$-1,822,086$-3,405,422$-1,270,119$-1,460,323
Net incomeunverified$2,260,979$6,106,041$1,289,730$7,888$1,728,803$2,096,229
Cost of uncompensated careunverified$589,054$617,143$505,590$648,398$833,133$1,024,486
Total facility bad debt expenseunverified$1,112,321$1,172,021$926,360$1,101,197$1,398,339$1,737,346
Charity care charges and uninsured discountsunverified$23,600$38,561$23,931$28,409$57,281$97,957
Cost of charity careunverified$18,441$21,537$17,330$23,407$47,175$74,640
Operating marginunverified-9.9%-7.8%-7.1%-12.8%-4.2%-4.4%
Overall cost-to-charge ratiounverified64.7%66.1%66.1%70.2%67.4%64.1%
Occupancy rateunverified10.4%9.9%10.2%10.6%14.2%13.6%
Average length of stayunverified10.314.316.310.610.76.3
Uncompensated care as % of operating expenseunverified2.4%2.4%1.8%2.2%2.7%3.0%
Charity care cost-to-charge ratiounverified78.1%55.9%72.4%82.4%82.4%76.2%
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