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▸ Cost Report · CCN 230144 · FY 2024
FOREST HEALTH MEDICAL CENTER LLC
YPSILANTI, MI 48198- · Fiscal year ending 2024-12-31
Acute Care Hospitals624 beds⚠ Distress flagged
$32.0M
TOTAL REVENUES
−$9.5M
NET INCOME
-29.5%
OPERATING MARGIN
273
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $32.0M
- Total costs
- $42.6M
- Net income
- −$9.5M
- Operating margin
- -29.5%
- Total charges
- $68.8M
- Medicare charges
- $1.7M
- Medicaid charges
- —
- Charity care charges
- —
- Uncompensated care
- $803K
- Bad debt
- $36K
- Total assets
- $36.2M
- Total liabilities
- $30.0M
- Fund balance
- $6.2M
02 — UTILIZATION
Utilization
- Total beds
- 24
- Bed days available
- 8,784
- Total inpatient days
- 579
- Medicare inpatient days
- 56
- Medicaid inpatient days
- —
- Total outpatient visits
- —
- Total discharges
- 273
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 273 | $32.0M | −$9.5M | -29.5% |
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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 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