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▸ Cost Report · CCN 150015 · FY 2024
FRANCISCAN HEALTH MICHIGAN CITY
MICHIGAN CITY, IN 46360 · Fiscal year ending 2024-12-31
Acute Care Hospitals1141 beds
$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