▸ Cost Report · CCN 230031 · FY 2024
LAKE HURON MEDICAL CENTER
PORT HURON, MI 48060 · Fiscal year ending 2024-12-31
$71.1M
TOTAL REVENUES
$1.4M
NET INCOME
1.9%
OPERATING MARGIN
3,462
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $71.1M
- Total costs
- $71.1M
- Net income
- $1.4M
- Operating margin
- 1.9%
- Total charges
- $307.2M
- Medicare charges
- $31.8M
- Medicaid charges
- —
- Charity care charges
- $1.7M
- Uncompensated care
- $1.5M
- Bad debt
- —
- Total assets
- $35.7M
- Total liabilities
- $43.8M
- Fund balance
- −$8.1M
02 — UTILIZATION
Utilization
- Total beds
- 129
- Bed days available
- 47,214
- Total inpatient days
- 14,158
- Medicare inpatient days
- 3,474
- Medicaid inpatient days
- 306
- Total outpatient visits
- —
- Total discharges
- 3,462
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 3,462 | $71.1M | $1.4M | 1.9% |
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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
4 / 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
- 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 | 196 | $13K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 145 | $13K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 50 | $9K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 39 | $9K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 37 | $8K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 30 | $12K |
| 640 | MISCELLANEOUS DISORDERS OF NUTRITION, METABOLISM, FLUIDS AND… | 29 | $9K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 28 | $9K |
| 073 | CRANIAL AND PERIPHERAL NERVE DISORDERS WITH MCC | 26 | $10K |
| 682 | RENAL FAILURE WITH MCC | 25 | $10K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2019)
| ZIP | Cases | Bed days |
|---|---|---|
| 48060 | 804 | 3809 |
| 48060 | 780 | 3212 |
| 48060 | 733 | 3199 |
| 48060 | 718 | 3500 |
| 48060 | 693 | 3709 |
| 48060 | 664 | 3188 |
| 48040 | 228 | 939 |
| 48040 | 213 | 1065 |
| 48059 | 209 | 866 |
| 48040 | 208 | 970 |
CROSS-REFERENCE
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