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▸ Cost Report · CCN 230035 · FY 2024
SPECTRUM HEALTH UNITED MEMORIAL
GREENVILLE, MI 48838 · Fiscal year ending 2024-12-31
$157.3M
TOTAL REVENUES
$15.9M
NET INCOME
10.1%
OPERATING MARGIN
2,793
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $157.3M
- Total costs
- $142.3M
- Net income
- $15.9M
- Operating margin
- 10.1%
- Total charges
- $250.4M
- Medicare charges
- $11.3M
- Medicaid charges
- —
- Charity care charges
- $3.2M
- Uncompensated care
- $3.7M
- Bad debt
- $12K
- Total assets
- $67.8M
- Total liabilities
- $8.0M
- Fund balance
- $59.8M
02 — UTILIZATION
Utilization
- Total beds
- 45
- Bed days available
- 16,352
- Total inpatient days
- 8,760
- Medicare inpatient days
- 1,819
- Medicaid inpatient days
- 250
- Total outpatient visits
- —
- Total discharges
- 2,793
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 2,793 | $157.3M | $15.9M | 10.1% |
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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 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