CCN 231333, IRONWOOD, 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 | 845 | 686 | 764 | 783 | 824 | 969 |
| Total facility inpatient daysunverified | 3,564 | 3,330 | 3,930 | 3,655 | 3,563 | 4,766 |
| Total patient revenue (gross charges)unverified | $141,389,995 | $161,491,144 | $179,892,584 | $197,138,416 | $208,261,396 | $246,548,172 |
| Contractual allowances and discountsunverified | $87,051,089 | $100,104,627 | $112,636,832 | $131,699,838 | $135,738,721 | $161,224,725 |
| Net patient revenueunverified | $54,338,906 | $61,386,517 | $67,255,752 | $65,438,578 | $72,522,675 | $85,323,447 |
| Total operating expensesunverified | $59,867,992 | $61,570,680 | $65,712,463 | $67,744,661 | $71,504,033 | $79,419,983 |
| Net income from service to patientsunverified | $-5,529,086 | $-184,163 | $1,543,289 | $-2,306,083 | $1,018,642 | $5,903,464 |
| Net incomeunverified | $1,288,789 | $13,198,349 | $5,143,764 | $4,304,525 | $5,407,306 | $10,559,021 |
| Cost of uncompensated careunverified | $2,592,301 | $1,233,391 | $924,938 | $1,217,983 | $1,508,054 | $1,501,958 |
| Total facility bad debt expenseunverified | $1,524,032 | $1,856,617 | $1,192,584 | $2,336,691 | $2,440,198 | $1,872,786 |
| Charity care charges and uninsured discountsunverified | $2,219,130 | $1,492,590 | $1,351,038 | $1,209,554 | $2,168,833 | $2,326,804 |
| Cost of charity careunverified | $2,026,604 | $551,725 | $493,277 | $413,210 | $688,941 | $886,581 |
| Charges for insured patients' liabilityunverified | — | — | — | — | — | $11,936 |
| Operating marginunverified | -10.2% | -0.3% | 2.3% | -3.5% | 1.4% | 6.9% |
| Overall cost-to-charge ratiounverified | 42.3% | 38.1% | 36.5% | 34.4% | 34.3% | 32.2% |
| Occupancy rateunverified | 39.0% | 36.5% | 43.1% | 40.1% | 38.9% | 52.2% |
| Average length of stayunverified | 4.2 | 4.9 | 5.1 | 4.7 | 4.3 | 4.9 |
| Uncompensated care as % of operating expenseunverified | 4.3% | 2.0% | 1.4% | 1.8% | 2.1% | 1.9% |
| Charity care cost-to-charge ratiounverified | 91.3% | 37.0% | 36.5% | 34.2% | 31.8% | 38.1% |