CCN 231339, HASTINGS, 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 | 1,688 | 1,581 | 1,441 | 1,493 | 1,531 | 1,626 |
| Total facility inpatient daysunverified | 4,873 | 5,445 | 4,938 | 4,777 | 5,008 | 5,275 |
| Total patient revenue (gross charges)unverified | $185,005,712 | $221,724,058 | $230,011,756 | $269,851,580 | $284,040,584 | $306,254,963 |
| Contractual allowances and discountsunverified | $100,572,214 | $123,915,595 | $133,523,865 | $161,533,759 | $165,778,971 | $185,637,114 |
| Net patient revenueunverified | $84,433,498 | $97,808,463 | $96,487,891 | $108,317,821 | $118,261,613 | $120,617,849 |
| Total operating expensesunverified | $78,183,832 | $86,432,898 | $85,732,201 | $98,352,719 | $106,215,987 | $111,435,254 |
| Net income from service to patientsunverified | $6,249,666 | $11,375,565 | $10,755,690 | $9,965,102 | $12,045,626 | $9,182,595 |
| Net incomeunverified | $9,782,885 | $13,863,709 | $14,118,937 | $13,372,199 | $15,377,663 | $13,888,281 |
| Cost of uncompensated careunverified | $2,498,720 | $1,754,350 | $1,911,286 | $1,920,269 | $2,601,096 | $3,028,784 |
| Total facility bad debt expenseunverified | $4,954,682 | $3,481,401 | $4,481,487 | $4,792,554 | $6,370,197 | $6,768,660 |
| Charity care charges and uninsured discountsunverified | $1,273,779 | $1,293,691 | $1,014,463 | $1,379,684 | $2,101,279 | $3,171,189 |
| Cost of charity careunverified | $576,332 | $538,730 | $413,869 | $464,820 | $703,238 | $1,039,688 |
| Charges for insured patients' liabilityunverified | — | — | — | $9,864 | $18,530 | $17,901 |
| Operating marginunverified | 7.4% | 11.6% | 11.1% | 9.2% | 10.2% | 7.6% |
| Overall cost-to-charge ratiounverified | 42.3% | 39.0% | 37.3% | 36.4% | 37.4% | 36.4% |
| Occupancy rateunverified | 53.3% | 59.7% | 54.1% | 52.4% | 54.7% | 57.8% |
| Average length of stayunverified | 2.9 | 3.4 | 3.4 | 3.2 | 3.3 | 3.2 |
| Uncompensated care as % of operating expenseunverified | 3.2% | 2.0% | 2.2% | 2.0% | 2.4% | 2.7% |
| Charity care cost-to-charge ratiounverified | 45.2% | 41.6% | 40.8% | 33.7% | 33.5% | 32.8% |