CCN 231338, FREMONT, 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 | 9,125 | 9,125 | 9,125 | 9,125 | 9,125 | 9,125 |
| Total facility dischargesunverified | 2,051 | 1,520 | 1,912 | 1,732 | 2,245 | 1,841 |
| Total facility inpatient daysunverified | 4,539 | 5,250 | 4,965 | 5,184 | 5,361 | 6,428 |
| Total patient revenue (gross charges)unverified | $230,167,007 | $270,174,400 | $278,803,959 | $303,275,276 | $333,869,062 | $370,776,533 |
| Contractual allowances and discountsunverified | $134,124,224 | $155,332,811 | $162,607,726 | $181,661,428 | $195,408,270 | $229,603,795 |
| Net patient revenueunverified | $96,042,783 | $114,841,589 | $116,196,233 | $121,613,848 | $138,460,792 | $141,172,738 |
| Total operating expensesunverified | $92,316,038 | $97,663,317 | $97,584,139 | $106,563,785 | $115,282,746 | $122,918,764 |
| Net income from service to patientsunverified | $3,726,745 | $17,178,272 | $18,612,094 | $15,050,063 | $23,178,046 | $18,253,974 |
| Net incomeunverified | $6,076,831 | $19,411,489 | $25,093,847 | $17,995,330 | $25,601,402 | $21,596,721 |
| Cost of uncompensated careunverified | $2,883,504 | $2,128,108 | $2,544,398 | $2,370,747 | $3,332,107 | $3,733,071 |
| Total facility bad debt expenseunverified | $6,180,952 | $4,535,298 | $6,316,972 | $5,841,184 | $7,927,897 | $8,703,246 |
| Charity care charges and uninsured discountsunverified | $1,449,397 | $1,446,725 | $1,008,363 | $1,597,574 | $3,073,319 | $3,776,265 |
| Cost of charity careunverified | $638,037 | $595,677 | $442,501 | $573,984 | $1,016,318 | $1,266,421 |
| Charges for insured patients' liabilityunverified | — | — | — | — | — | $13,533 |
| Operating marginunverified | 3.9% | 15.0% | 16.0% | 12.4% | 16.7% | 12.9% |
| Overall cost-to-charge ratiounverified | 40.1% | 36.1% | 35.0% | 35.1% | 34.5% | 33.2% |
| Occupancy rateunverified | 49.7% | 57.5% | 54.4% | 56.8% | 58.8% | 70.4% |
| Average length of stayunverified | 2.2 | 3.5 | 2.6 | 3.0 | 2.4 | 3.5 |
| Uncompensated care as % of operating expenseunverified | 3.1% | 2.2% | 2.6% | 2.2% | 2.9% | 3.0% |
| Charity care cost-to-charge ratiounverified | 44.0% | 41.2% | 43.9% | 35.9% | 33.1% | 33.5% |