UM HEALTH-SPARROW SPECIALITY — financial and operating metrics

CCN 232037, LANSING, MI · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2023 (180 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020FY2021FY2022FY2023
180d
FY2024FY2025
Total facility beds availableunverified303030303030
Total bed days availableunverified10,98010,95010,9505,43010,98010,950
Total facility dischargesunverified366412428236366387
Total facility inpatient daysunverified9,76410,70210,6034,8739,7729,388
Total patient revenue (gross charges)unverified$53,651,934$56,945,717$56,927,015$29,000,312$60,997,736$58,781,202
Contractual allowances and discountsunverified$34,367,171$35,780,078$36,012,785$18,981,584$40,688,690$37,782,140
Net patient revenueunverified$19,284,763$21,165,639$20,914,230$10,018,728$20,309,046$20,999,062
Total operating expensesunverified$14,528,724$16,391,371$18,410,182$8,907,699$17,978,489$18,002,442
Net income from service to patientsunverified$4,756,039$4,774,268$2,504,048$1,111,029$2,330,557$2,996,620
Net incomeunverified$7,151,789$7,739,705$-418,938$2,864,035$5,081,339$6,001,972
Operating marginunverified24.7%22.6%12.0%11.1%11.5%14.3%
Overall cost-to-charge ratiounverified27.1%28.8%32.3%30.7%29.5%30.6%
Occupancy rateunverified88.9%97.7%96.8%89.7%89.0%85.7%
Average length of stayunverified26.726.024.820.626.724.3
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