▸ 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
05 — QUALITY (CMS CARE COMPARE)
CMS Care Compare quality measures
Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.
Overall rating
3 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Same as the national average
- Safety vs national avg
- Above the national average
- Readmissions vs national avg
- Same as the national average
- Patient experience vs national avg
- —
- Timely & effective vs national avg
- —
07a — MS-DRG MIX
Top inpatient DRGs by volume
Per CMS Medicare Inpatient Hospitals dataset (PY2022)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 92 | $13K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 74 | $13K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 65 | $12K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 65 | $9K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 52 | $9K |
| 885 | PSYCHOSES | 50 | $9K |
| 885 | PSYCHOSES | 49 | $9K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 42 | $9K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 40 | $9K |
| 683 | RENAL FAILURE WITH CC | 35 | $7K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2022)
| ZIP | Cases | Bed days |
|---|---|---|
| 48867 | 852 | 3904 |
| 48867 | 851 | 3570 |
| 48867 | 753 | 3565 |
| 48867 | 740 | 3136 |
| 48867 | 667 | 3273 |
| 48867 | 514 | 2167 |
| 48817 | 178 | 757 |
| 48429 | 163 | 826 |
| 48817 | 157 | 659 |
| 48817 | 152 | 720 |
CROSS-REFERENCE
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