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▸ Cost Report · CCN 230003 · FY 2025
SPECTRUM HEALTH ZEELAND
ZEELAND, MI 49464 · Fiscal year ending 2025-06-30
$119.6M
TOTAL REVENUES
$25.8M
NET INCOME
21.5%
OPERATING MARGIN
2,857
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $119.6M
- Total costs
- $95.7M
- Net income
- $25.8M
- Operating margin
- 21.5%
- Total charges
- $259.0M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- $3.8M
- Uncompensated care
- $3.2M
- Bad debt
- $8K
- Total assets
- $77.4M
- Total liabilities
- $7.2M
- Fund balance
- $70.2M
02 — UTILIZATION
Utilization
- Total beds
- 55
- Bed days available
- 20,075
- Total inpatient days
- 8,692
- Medicare inpatient days
- 1,025
- Medicaid inpatient days
- 242
- Total outpatient visits
- —
- Total discharges
- 2,857
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2025-06-30 | 2,857 | $119.6M | $25.8M | 21.5% |
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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 — MI Acute Care Hospitals
48 hospitals filing FY2025
- Median operating margin
- 4.2%
- 25th percentile margin
- -0.6%
- 75th percentile margin
- 10.5%
- Median discharges
- 5,440
- Median net income
- $7.9M
- Median bed count
- 146