CCN 231325, GLADWIN, 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 | 434 | 371 | 455 | 302 | 352 | 368 |
| Total facility inpatient daysunverified | 1,164 | 1,213 | 1,410 | 1,126 | 1,178 | 1,563 |
| Total patient revenue (gross charges)unverified | $77,637,505 | $85,682,146 | $102,231,423 | $110,441,761 | $123,532,549 | $142,477,915 |
| Contractual allowances and discountsunverified | $49,859,895 | $48,548,861 | $57,927,552 | $64,675,633 | $72,420,325 | $82,985,921 |
| Net patient revenueunverified | $27,777,610 | $37,133,285 | $44,303,871 | $45,766,128 | $51,112,224 | $59,491,994 |
| Total operating expensesunverified | $34,656,373 | $38,324,532 | $39,730,423 | $41,907,613 | $46,218,216 | $50,907,825 |
| Net income from service to patientsunverified | $-6,878,763 | $-1,191,247 | $4,573,448 | $3,858,515 | $4,894,008 | $8,584,169 |
| Net incomeunverified | $1,850,687 | $12,342,424 | $555,921 | $10,071,773 | $15,524,356 | $17,255,183 |
| Cost of uncompensated careunverified | $1,928,813 | $2,274,110 | $1,748,497 | $1,867,798 | $2,183,192 | $2,144,822 |
| Total facility bad debt expenseunverified | $1,278,524 | $2,152,121 | $1,426,103 | $1,776,346 | $1,777,260 | $1,537,775 |
| Charity care charges and uninsured discountsunverified | $2,130,476 | $1,957,912 | $1,755,505 | $1,675,330 | $2,414,565 | $2,830,544 |
| Cost of charity careunverified | $1,475,077 | $1,471,660 | $1,243,794 | $1,247,457 | $1,572,299 | $1,627,418 |
| Charges for insured patients' liabilityunverified | — | — | — | — | — | $42,670 |
| Operating marginunverified | -24.8% | -3.2% | 10.3% | 8.4% | 9.6% | 14.4% |
| Overall cost-to-charge ratiounverified | 44.6% | 44.7% | 38.9% | 37.9% | 37.4% | 35.7% |
| Occupancy rateunverified | 12.7% | 13.3% | 15.5% | 12.3% | 12.9% | 17.1% |
| Average length of stayunverified | 2.7 | 3.3 | 3.1 | 3.7 | 3.3 | 4.2 |
| Uncompensated care as % of operating expenseunverified | 5.6% | 5.9% | 4.4% | 4.5% | 4.7% | 4.2% |
| Charity care cost-to-charge ratiounverified | 69.2% | 75.2% | 70.9% | 74.5% | 65.1% | 57.5% |