MERCY HEALTH LAKESHORE CAMPUS — financial and operating metrics

CCN 231320, SHELBY, 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 availableunverified242424242424
Total bed days availableunverified8,7848,7608,7608,7608,7848,760
Total facility dischargesunverified321295381405448442
Total facility inpatient daysunverified1,0808361,1091,0861,2761,200
Total patient revenue (gross charges)unverified$53,334,633$64,771,132$80,579,521$84,901,530$90,489,611$100,809,918
Contractual allowances and discountsunverified$27,608,799$34,357,598$42,867,864$43,022,701$51,998,318$52,630,182
Net patient revenueunverified$25,725,834$30,413,534$37,711,657$41,878,829$38,491,293$48,179,736
Total operating expensesunverified$32,403,867$34,039,605$35,861,398$36,722,715$37,225,626$40,225,501
Net income from service to patientsunverified$-6,678,033$-3,626,071$1,850,259$5,156,114$1,265,667$7,954,235
Net incomeunverified$4,929,629$10,512,714$5,138,788$14,229,712$10,818,708$16,855,051
Cost of uncompensated careunverified$1,185,360$928,843$1,210,120$1,264,101$1,263,937$1,721,065
Total facility bad debt expenseunverified$1,369,185$1,422,443$1,904,084$2,102,181$1,229,832$1,535,995
Charity care charges and uninsured discountsunverified$642,047$525,384$750,594$634,294$1,269,919$2,030,327
Cost of charity careunverified$444,128$271,531$402,788$333,549$759,776$1,108,134
Charges for insured patients' liabilityunverified$6,950$19,527
Operating marginunverified-26.0%-11.9%4.9%12.3%3.3%16.5%
Overall cost-to-charge ratiounverified60.8%52.6%44.5%43.3%41.1%39.9%
Occupancy rateunverified12.3%9.5%12.7%12.4%14.5%13.7%
Average length of stayunverified3.42.82.92.72.82.7
Uncompensated care as % of operating expenseunverified3.7%2.7%3.4%3.4%3.4%4.3%
Charity care cost-to-charge ratiounverified69.2%51.7%53.7%52.6%59.8%54.6%
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