▸ Cost Report · CCN 230071 · FY 2024
STRAITH HOSPITAL FOR SPECIAL SURGERY
SOUTHFIELD, MI 48033 · Fiscal year ending 2024-10-31
$14.8M
TOTAL REVENUES
$4.2M
NET INCOME
28.3%
OPERATING MARGIN
456
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $14.8M
- Total costs
- $14.8M
- Net income
- $4.2M
- Operating margin
- 28.3%
- Total charges
- $2.4M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- $24K
- Uncompensated care
- $1.0M
- Bad debt
- $15K
- Total assets
- $18.9M
- Total liabilities
- $9.9M
- Fund balance
- $9.0M
02 — UTILIZATION
Utilization
- Total beds
- 34
- Bed days available
- 12,444
- Total inpatient days
- 3,034
- Medicare inpatient days
- 2,901
- Medicaid inpatient days
- —
- Total outpatient visits
- —
- Total discharges
- 456
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-10-31 | 456 | $14.8M | $4.2M | 28.3% |
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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
Not rated
- Emergency services
- No
- Mortality vs national avg
- Same as the national average
- Safety vs national avg
- —
- Readmissions vs national avg
- Below 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 |
|---|---|---|---|
| 945 | REHABILITATION WITH CC/MCC | 235 | $10K |
| 945 | REHABILITATION WITH CC/MCC | 213 | $9K |
| 946 | REHABILITATION WITHOUT CC/MCC | 176 | $7K |
| 946 | REHABILITATION WITHOUT CC/MCC | 77 | $7K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2018)
| ZIP | Cases | Bed days |
|---|---|---|
| 48322 | 33 | 248 |
| 48038 | 26 | 180 |
| 48322 | 25 | 206 |
| 48038 | 23 | 158 |
| 48034 | 18 | 139 |
| 48322 | 18 | 132 |
| 48237 | 17 | 144 |
| 48221 | 17 | 126 |
| 48066 | 17 | 132 |
| 48033 | 17 | 142 |
CROSS-REFERENCE
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