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▸ Cost Report · CCN 230086 · FY 2005
SPECTRUM HEALTH - REED CITY CAMPUS
REED CITY, MI 49677- · Fiscal year ending 2005-02-03
$17.8M
TOTAL REVENUES
−$398K
NET INCOME
-2.2%
OPERATING MARGIN
398
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $17.8M
- Total costs
- $18.8M
- Net income
- −$398K
- Operating margin
- -2.2%
- Total charges
- $30.5M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- —
- Uncompensated care
- —
- Bad debt
- $614K
- Total assets
- $11.9M
- Total liabilities
- $9.4M
- Fund balance
- $2.5M
02 — UTILIZATION
Utilization
- Total beds
- 27
- Bed days available
- 16
- Total inpatient days
- 2,090
- Medicare inpatient days
- 151
- Medicaid inpatient days
- 243
- Total outpatient visits
- 533
- Total discharges
- 398
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2005-02-03 | 398 | $17.8M | −$398K | -2.2% |
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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
This hospital tripped 3 distress signals. Upgrade to see which signals fired and the underlying numbers.See Solo · $499/yr →
04 — PEER BENCHMARK
Peer cohort — MI
181 hospitals filing FY2005
- Median operating margin
- 3.1%
- 25th percentile margin
- 0.1%
- 75th percentile margin
- 7.2%
- Median discharges
- 917
- Median net income
- $1.2M
- Median bed count
- 61