HARBOR OAKS HOSPITAL — financial and operating metrics

CCN 234021, NEW BALTIMORE, 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified134164164164164164
Total bed days availableunverified49,04459,86059,86059,86060,02459,860
Total facility dischargesunverified3,9165,2624,7824,8294,8654,705
Total facility inpatient daysunverified38,71045,80951,53952,05653,51353,466
Total patient revenue (gross charges)unverified$75,836,322$98,761,500$123,075,598$137,601,128$146,796,512$147,552,328
Contractual allowances and discountsunverified$42,020,409$56,670,582$74,531,871$86,111,508$85,820,503$79,285,370
Net patient revenueunverified$33,815,913$42,090,918$48,543,727$51,489,620$60,976,009$68,266,958
Total operating expensesunverified$26,947,994$33,582,282$39,318,630$41,585,542$46,096,313$50,653,743
Net income from service to patientsunverified$6,867,919$8,508,636$9,225,097$9,904,078$14,879,696$17,613,215
Net incomeunverified$6,883,456$8,521,487$10,396,000$10,064,715$15,057,566$17,639,938
Operating marginunverified20.3%20.2%19.0%19.2%24.4%25.8%
Overall cost-to-charge ratiounverified35.5%34.0%31.9%30.2%31.4%34.3%
Occupancy rateunverified78.9%76.5%86.1%87.0%89.2%89.3%
Average length of stayunverified9.98.710.810.811.011.4
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