▸ Cost Report · CCN 230151 · FY 2024
BEAUMONT HOSPITAL- FARMINGTON HILLS
FARMINGTON HHILLS, MI 48336 · Fiscal year ending 2024-12-31
$485.8M
TOTAL REVENUES
$31.2M
NET INCOME
6.4%
OPERATING MARGIN
7,299
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $485.8M
- Total costs
- $489.8M
- Net income
- $31.2M
- Operating margin
- 6.4%
- Total charges
- $1.62B
- Medicare charges
- $163.6M
- Medicaid charges
- —
- Charity care charges
- $15.7M
- Uncompensated care
- $9.5M
- Bad debt
- $1.8M
- Total assets
- $386.0M
- Total liabilities
- $60.0M
- Fund balance
- $325.9M
02 — UTILIZATION
Utilization
- Total beds
- 209
- Bed days available
- 76,494
- Total inpatient days
- 67,547
- Medicare inpatient days
- 18,414
- Medicaid inpatient days
- 3,222
- Total outpatient visits
- —
- Total discharges
- 7,299
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 7,299 | $485.8M | $31.2M | 6.4% |
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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 →
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
- Above the national average
- Safety vs national avg
- Above the national average
- Readmissions vs national avg
- Below 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 |
|---|---|---|---|
| 291 | HEART FAILURE AND SHOCK WITH MCC | 205 | $13K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 191 | $12K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 175 | $18K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 150 | $19K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 80 | $17K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 66 | $13K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 62 | $12K |
| 682 | RENAL FAILURE WITH MCC | 54 | $14K |
| 689 | KIDNEY AND URINARY TRACT INFECTIONS WITH MCC | 52 | $11K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 51 | $16K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2019)
| ZIP | Cases | Bed days |
|---|---|---|
| 48219 | 760 | 4304 |
| 48219 | 741 | 4851 |
| 48219 | 734 | 4668 |
| 48219 | 724 | 4084 |
| 48219 | 719 | 4090 |
| 48336 | 673 | 3759 |
| 48219 | 672 | 4254 |
| 48336 | 627 | 3417 |
| 48336 | 612 | 3317 |
| 48336 | 611 | 3489 |
CROSS-REFERENCE
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