CCN 231323, REED CITY, 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 | 22 | 22 | 22 |
| Total bed days availableunverified | 9,150 | 7,665 | 9,125 | 8,030 | 8,030 | 8,030 |
| Total facility dischargesunverified | 77 | 24 | 22 | 176 | 191 | 199 |
| Total facility inpatient daysunverified | 1,411 | 335 | 60.0 | 447 | 436 | 515 |
| Total patient revenue (gross charges)unverified | $161,031,596 | $171,656,336 | $183,245,069 | $194,622,592 | $222,951,815 | $234,715,388 |
| Contractual allowances and discountsunverified | $88,115,508 | $92,782,834 | $106,168,559 | $115,474,294 | $130,202,012 | $143,686,389 |
| Net patient revenueunverified | $72,916,088 | $78,873,502 | $77,076,510 | $79,148,298 | $92,749,803 | $91,028,999 |
| Total operating expensesunverified | $61,258,562 | $60,442,445 | $60,702,417 | $67,778,423 | $71,665,077 | $75,894,395 |
| Net income from service to patientsunverified | $11,657,526 | $18,431,057 | $16,374,093 | $11,369,875 | $21,084,726 | $15,134,604 |
| Net incomeunverified | $13,224,180 | $19,330,052 | $20,497,396 | $11,314,135 | $22,027,776 | $16,594,895 |
| Cost of uncompensated careunverified | $1,764,931 | $1,238,741 | $1,735,122 | $1,376,648 | $1,647,228 | $1,942,677 |
| Total facility bad debt expenseunverified | $4,024,761 | $2,768,278 | $4,088,902 | $3,228,606 | $3,860,956 | $4,297,891 |
| Charity care charges and uninsured discountsunverified | $762,577 | $678,966 | $657,418 | $846,649 | $1,291,244 | $1,792,576 |
| Cost of charity careunverified | $339,819 | $298,175 | $357,781 | $338,067 | $480,566 | $670,128 |
| Charges for insured patients' liabilityunverified | — | — | — | — | — | $26,496 |
| Operating marginunverified | 16.0% | 23.4% | 21.2% | 14.4% | 22.7% | 16.6% |
| Overall cost-to-charge ratiounverified | 38.0% | 35.2% | 33.1% | 34.8% | 32.1% | 32.3% |
| Occupancy rateunverified | 15.4% | 4.4% | 0.7% | 5.6% | 5.4% | 6.4% |
| Average length of stayunverified | 18.3 | — | — | 2.5 | 2.3 | 2.6 |
| Uncompensated care as % of operating expenseunverified | 2.9% | 2.0% | 2.9% | 2.0% | 2.3% | 2.6% |
| Charity care cost-to-charge ratiounverified | 44.6% | 43.9% | 54.4% | 39.9% | 37.2% | 37.4% |