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▸ Cost Report · CCN 230031 · FY 2024
LAKE HURON MEDICAL CENTER
PORT HURON, MI 48060 · Fiscal year ending 2024-12-31
Acute Care Hospitals4129 beds
$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