CCN 231321, ISHPEMING, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 25 | 25 | 25 | 25 | 25 | 25 |
| Total bed days availableunverified | 9,150 | 9,125 | 9,125 | 9,125 | 9,150 | 9,125 |
| Total facility dischargesunverified | 889 | 913 | 963 | 1,005 | 806 | 646 |
| Total facility inpatient daysunverified | 2,483 | 3,218 | 3,339 | 3,902 | 2,904 | 2,532 |
| Total patient revenue (gross charges)unverified | $85,138,025 | $95,060,125 | $105,998,220 | $111,853,075 | $123,853,260 | $147,220,952 |
| Contractual allowances and discountsunverified | $40,519,391 | $44,639,663 | $54,354,216 | $56,444,289 | $60,578,263 | $78,759,423 |
| Net patient revenueunverified | $44,618,634 | $50,420,462 | $51,644,004 | $55,408,786 | $63,274,997 | $68,461,529 |
| Total operating expensesunverified | $45,511,650 | $47,682,120 | $50,361,693 | $53,494,044 | $59,412,682 | $64,278,949 |
| Net income from service to patientsunverified | $-893,016 | $2,738,342 | $1,282,311 | $1,914,742 | $3,862,315 | $4,182,580 |
| Net incomeunverified | $1,119,022 | $9,854,655 | $6,161,941 | $4,907,903 | $5,674,719 | $5,596,435 |
| Cost of uncompensated careunverified | $239,931 | $474,705 | $960,288 | $788,231 | $1,549,504 | $1,666,528 |
| Total facility bad debt expenseunverified | $229,330 | $311,775 | $1,152,435 | $1,477,192 | $2,639,291 | $3,155,632 |
| Charity care charges and uninsured discountsunverified | $380,648 | $943,528 | $1,465,273 | $590,651 | $1,554,897 | $1,785,275 |
| Cost of charity careunverified | $157,665 | $363,602 | $539,563 | $226,788 | $576,116 | $600,750 |
| Operating marginunverified | -2.0% | 5.4% | 2.5% | 3.5% | 6.1% | 6.1% |
| Overall cost-to-charge ratiounverified | 53.5% | 50.2% | 47.5% | 47.8% | 48.0% | 43.7% |
| Occupancy rateunverified | 27.1% | 35.3% | 36.6% | 42.8% | 31.7% | 27.7% |
| Average length of stayunverified | 2.8 | 3.5 | 3.5 | 3.9 | 3.6 | 3.9 |
| Uncompensated care as % of operating expenseunverified | 0.5% | 1.0% | 1.9% | 1.5% | 2.6% | 2.6% |
| Charity care cost-to-charge ratiounverified | 41.4% | 38.5% | 36.8% | 38.4% | 37.1% | 33.7% |