▸ Cost Report · CCN 230005 · FY 2024
PROMEDICA HICKMAN HOSPITAL
ADRIAN, MI 49221- · Fiscal year ending 2024-12-31
$146.9M
TOTAL REVENUES
$17.6M
NET INCOME
12.0%
OPERATING MARGIN
2,936
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $146.9M
- Total costs
- $121.7M
- Net income
- $17.6M
- Operating margin
- 12.0%
- Total charges
- $101.6M
- Medicare charges
- $42.0M
- Medicaid charges
- —
- Charity care charges
- $6.5M
- Uncompensated care
- $2.3M
- Bad debt
- $1.3M
- Total assets
- $188.6M
- Total liabilities
- $64.0M
- Fund balance
- $124.5M
02 — UTILIZATION
Utilization
- Total beds
- 58
- Bed days available
- 21,228
- Total inpatient days
- 11,145
- Medicare inpatient days
- 3,271
- Medicaid inpatient days
- 636
- Total outpatient visits
- —
- Total discharges
- 2,936
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 2,936 | $146.9M | $17.6M | 12.0% |
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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
90 hospitals filing FY2024
- Median operating margin
- 5.0%
- 25th percentile margin
- -0.5%
- 75th percentile margin
- 13.9%
- Median discharges
- 6,760
- Median net income
- $10.4M
- Median bed count
- 146
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
- Above the national average
- Readmissions vs national avg
- Above 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 | 124 | $16K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 108 | $16K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 89 | $11K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 62 | $10K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 54 | $10K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 47 | $14K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 47 | $11K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 45 | $11K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 36 | $11K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 32 | $14K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2018)
| ZIP | Cases | Bed days |
|---|---|---|
| 49221 | 1,005 | 3720 |
| 49221 | 956 | 3781 |
| 49221 | 934 | 3920 |
| 49221 | 933 | 3281 |
| 49221 | 807 | 3318 |
| 49221 | 734 | 2729 |
| 49286 | 267 | 1106 |
| 49286 | 266 | 1063 |
| 49286 | 261 | 997 |
| 49286 | 220 | 792 |
CROSS-REFERENCE
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