EATON RAPIDS MEDICAL CENTER — financial and operating metrics

CCN 231324, EATON RAPIDS, 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 availableunverified202020202020
Total bed days availableunverified7,3207,3007,3007,3007,3207,300
Total facility dischargesunverified269236278234211303
Total facility inpatient daysunverified1,2141,0251,2911,4161,6501,741
Total patient revenue (gross charges)unverified$51,652,145$51,477,716$55,700,128$57,402,852$64,276,846$86,970,274
Contractual allowances and discountsunverified$20,499,578$20,397,968$22,008,988$22,649,560$23,972,910$37,638,576
Net patient revenueunverified$31,152,567$31,079,748$33,691,140$34,753,292$40,303,936$49,331,698
Total operating expensesunverified$32,654,470$34,765,807$35,521,260$36,155,322$39,628,297$48,346,682
Net income from service to patientsunverified$-1,501,903$-3,686,059$-1,830,120$-1,402,030$675,639$985,016
Net incomeunverified$474,506$2,488,240$2,437,363$360,864$3,247,041$3,406,944
Cost of uncompensated careunverified$712,965$702,564$853,508$884,005$353,593$1,138,814
Total facility bad debt expenseunverified$1,331,524$1,198,940$1,546,501$1,461,644$675,699$2,253,701
Charity care charges and uninsured discountsunverified$21,327$34,406$11,853$129,413$42,294$29,798
Cost of charity careunverified$18,027$27,562$10,992$93,712$32,688$19,812
Operating marginunverified-4.8%-11.9%-5.4%-4.0%1.7%2.0%
Overall cost-to-charge ratiounverified63.2%67.5%63.8%63.0%61.7%55.6%
Occupancy rateunverified16.6%14.0%17.7%19.4%22.5%23.8%
Average length of stayunverified4.54.34.66.17.85.7
Uncompensated care as % of operating expenseunverified2.2%2.0%2.4%2.4%0.9%2.4%
Charity care cost-to-charge ratiounverified84.5%80.1%92.7%72.4%77.3%66.5%
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