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▸ Cost Report · CCN 230093 · FY 2025
SPECTRUM HEALTH BIG RAPIDS
BIG RAPIDS, MI 49307 · Fiscal year ending 2025-06-30
$109.0M
TOTAL REVENUES
$11.3M
NET INCOME
10.3%
OPERATING MARGIN
2,299
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $109.0M
- Total costs
- $99.4M
- Net income
- $11.3M
- Operating margin
- 10.3%
- Total charges
- $181.4M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- $2.7M
- Uncompensated care
- $2.6M
- Bad debt
- $54K
- Total assets
- $58.1M
- Total liabilities
- $11.2M
- Fund balance
- $46.9M
02 — UTILIZATION
Utilization
- Total beds
- 49
- Bed days available
- 17,885
- Total inpatient days
- 6,851
- Medicare inpatient days
- 1,419
- Medicaid inpatient days
- 258
- Total outpatient visits
- —
- Total discharges
- 2,299
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2025-06-30 | 2,299 | $109.0M | $11.3M | 10.3% |
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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
48 hospitals filing FY2025
- Median operating margin
- 4.2%
- 25th percentile margin
- -0.6%
- 75th percentile margin
- 10.5%
- Median discharges
- 5,440
- Median net income
- $7.9M
- Median bed count
- 146