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▸ Cost Report · CCN 230108 · FY 2024
PORTAGE HEALTH SYSTEM
HANCOCK, MI 49930- · Fiscal year ending 2024-11-30
Acute Care Hospitals436 beds⚠ Distress flagged
$83.2M
TOTAL REVENUES
−$134K
NET INCOME
-0.2%
OPERATING MARGIN
1,166
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $83.2M
- Total costs
- $92.9M
- Net income
- −$134K
- Operating margin
- -0.2%
- Total charges
- $198.2M
- Medicare charges
- $10.8M
- Medicaid charges
- —
- Charity care charges
- $1.2M
- Uncompensated care
- $1.9M
- Bad debt
- $8.3M
- Total assets
- $71.6M
- Total liabilities
- $19.1M
- Fund balance
- $52.5M
02 — UTILIZATION
Utilization
- Total beds
- 36
- Bed days available
- 13,176
- Total inpatient days
- 5,085
- Medicare inpatient days
- 1,576
- Medicaid inpatient days
- 194
- Total outpatient visits
- —
- Total discharges
- 1,166
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-11-30 | 1,166 | $83.2M | −$134K | -0.2% |
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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 2 distress signals. Upgrade to see which signals fired and the underlying numbers.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