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▸ Cost Report · CCN 230032 · FY 2001
SPECTRUM HEALTH - BLODGETT CAMPUS
GRAND RAPIDS, MI 49506 · Fiscal year ending 2001-08-31
$29.9M
TOTAL REVENUES
$2.6M
NET INCOME
8.6%
OPERATING MARGIN
1,124
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $29.9M
- Total costs
- $33.7M
- Net income
- $2.6M
- Operating margin
- 8.6%
- Total charges
- $45.3M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- —
- Uncompensated care
- —
- Bad debt
- $6.4M
- Total assets
- $288.2M
- Total liabilities
- $35.7M
- Fund balance
- $252.5M
02 — UTILIZATION
Utilization
- Total beds
- 291
- Bed days available
- 58
- Total inpatient days
- 12,725
- Medicare inpatient days
- 603
- Medicaid inpatient days
- 1,830
- Total outpatient visits
- 2,615
- Total discharges
- 1,124
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2001-08-31 | 1,124 | $29.9M | $2.6M | 8.6% |
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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 →
DISTRESS RADAR
Risk signals detected
Auto-flagged from 3-year trend on margin, volume, and bad debt
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04 — PEER BENCHMARK
Peer cohort — MI
174 hospitals filing FY2001
- Median operating margin
- 2.4%
- 25th percentile margin
- -1.7%
- 75th percentile margin
- 5.8%
- Median discharges
- 1,069
- Median net income
- $904K
- Median bed count
- 81