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▸ Cost Report · CCN 230121 · FY 2024
MEMORIAL HEALTHCARE
OWOSSO, MI 48867 · Fiscal year ending 2024-12-31
Acute Care Hospitals2113 beds⚠ Distress flagged
$325.9M
TOTAL REVENUES
$12.5M
NET INCOME
3.8%
OPERATING MARGIN
4,510
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $325.9M
- Total costs
- $327.0M
- Net income
- $12.5M
- Operating margin
- 3.8%
- Total charges
- $804.7M
- Medicare charges
- $42.4M
- Medicaid charges
- —
- Charity care charges
- $2.8M
- Uncompensated care
- $19.8M
- Bad debt
- $10.9M
- Total assets
- $209.0M
- Total liabilities
- $94.7M
- Fund balance
- $114.4M
02 — UTILIZATION
Utilization
- Total beds
- 113
- Bed days available
- 41,358
- Total inpatient days
- 16,745
- Medicare inpatient days
- 3,649
- Medicaid inpatient days
- 777
- Total outpatient visits
- —
- Total discharges
- 4,510
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 4,510 | $325.9M | $12.5M | 3.8% |
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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 1 distress signal. 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