▸ Cost Report · CCN 150015 · FY 2024
FRANCISCAN HEALTH MICHIGAN CITY
MICHIGAN CITY, IN 46360 · Fiscal year ending 2024-12-31
$394.6M
TOTAL REVENUES
$60.1M
NET INCOME
15.2%
OPERATING MARGIN
6,559
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $394.6M
- Total costs
- $355.8M
- Net income
- $60.1M
- Operating margin
- 15.2%
- Total charges
- $1.60B
- Medicare charges
- $163.1M
- Medicaid charges
- —
- Charity care charges
- $22.6M
- Uncompensated care
- $8.0M
- Bad debt
- $7.2M
- Total assets
- $530.1M
- Total liabilities
- $29.3M
- Fund balance
- $500.7M
02 — UTILIZATION
Utilization
- Total beds
- 141
- Bed days available
- 51,126
- Total inpatient days
- 33,049
- Medicare inpatient days
- 10,601
- Medicaid inpatient days
- 649
- Total outpatient visits
- —
- Total discharges
- 6,559
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 6,559 | $394.6M | $60.1M | 15.2% |
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03b — TREND CHART
Revenue, costs, and net income by fiscal year
Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr →
04 — PEER BENCHMARK
Peer cohort — IN Acute Care Hospitals
81 hospitals filing FY2024
- Median operating margin
- 9.0%
- 25th percentile margin
- -0.9%
- 75th percentile margin
- 18.2%
- Median discharges
- 4,439
- Median net income
- $20.2M
- Median bed count
- 111
05 — QUALITY (CMS CARE COMPARE)
CMS Care Compare quality measures
Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.
Overall rating
3 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Same as the national average
- Safety vs national avg
- Same as the national average
- Readmissions vs national avg
- Below the national average
- Patient experience vs national avg
- —
- Timely & effective vs national avg
- —
07a — MS-DRG MIX
Top inpatient DRGs by volume
Per CMS Medicare Inpatient Hospitals dataset (PY2022)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 185 | $15K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 157 | $15K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 122 | $9K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 97 | $11K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 88 | $11K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 76 | $12K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 70 | $10K |
| 280 | ACUTE MYOCARDIAL INFARCTION, DISCHARGED ALIVE WITH MCC | 66 | $12K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 56 | $14K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 46 | $9K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2019)
| ZIP | Cases | Bed days |
|---|---|---|
| 46360 | 2,327 | 10226 |
| 46360 | 2,091 | 9462 |
| 46360 | 2,068 | 8749 |
| 46360 | 2,066 | 9471 |
| 46360 | 2,031 | 10144 |
| 46360 | 1,994 | 9793 |
| 46350 | 676 | 3155 |
| 46350 | 537 | 2547 |
| 46350 | 509 | 2309 |
| 46350 | 475 | 2187 |
CROSS-REFERENCE
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