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▸ Cost Report · CCN 230096 · FY 2023
STURGIS HOSPITAL INC.
STURGIS, MI 49091- · Fiscal year ending 2023-07-05
249 beds⚠ Distress flagged
$9.7M
TOTAL REVENUES
−$8.1M
NET INCOME
-83.4%
OPERATING MARGIN
120
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $9.7M
- Total costs
- $18.2M
- Net income
- −$8.1M
- Operating margin
- -83.4%
- Total charges
- $21.6M
- Medicare charges
- $222K
- Medicaid charges
- —
- Charity care charges
- $31K
- Uncompensated care
- $684K
- Bad debt
- $63K
- Total assets
- $1.4M
- Total liabilities
- $31.4M
- Fund balance
- −$30.0M
02 — UTILIZATION
Utilization
- Total beds
- 49
- Bed days available
- 13,622
- Total inpatient days
- 347
- Medicare inpatient days
- 124
- Medicaid inpatient days
- 8
- Total outpatient visits
- —
- Total discharges
- 120
- Total FTEs
- 129
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2023-07-05 | 120 | $9.7M | −$8.1M | -83.4% |
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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
160 hospitals filing FY2023
- Median operating margin
- 1.9%
- 25th percentile margin
- -5.7%
- 75th percentile margin
- 8.0%
- Median discharges
- 1,819
- Median net income
- $1.1M
- Median bed count
- 58