▸ Cost Report · CCN 231303 · FY 2024
SCHOOLCRAFT MEMORIAL HOSPITAL
MANISTIQUE, MI 49854-0000 · Fiscal year ending 2024-12-31
$60.9M
TOTAL REVENUES
$6.0M
NET INCOME
9.9%
OPERATING MARGIN
290
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $60.9M
- Total costs
- $66.0M
- Net income
- $6.0M
- Operating margin
- 9.9%
- Total charges
- $86.7M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- $570K
- Uncompensated care
- $1.5M
- Bad debt
- $7.2M
- Total assets
- $55.1M
- Total liabilities
- $44.8M
- Fund balance
- $10.4M
02 — UTILIZATION
Utilization
- Total beds
- 12
- Bed days available
- 4,392
- Total inpatient days
- 1,159
- Medicare inpatient days
- 411
- Medicaid inpatient days
- 8
- Total outpatient visits
- —
- Total discharges
- 290
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 290 | $60.9M | $6.0M | 9.9% |
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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 Critical Access Hospitals
37 hospitals filing FY2024
- Median operating margin
- 7.6%
- 25th percentile margin
- 4.0%
- 75th percentile margin
- 13.9%
- Median discharges
- 324
- Median net income
- $4.3M
- Median bed count
- 25
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
Not rated
- Emergency services
- Yes
- Mortality vs national avg
- Same as the national average
- Safety vs national avg
- —
- Readmissions vs national avg
- Same as the national average
- Patient experience vs national avg
- —
- Timely & effective vs national avg
- —
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2018)
| ZIP | Cases | Bed days |
|---|---|---|
| 49854 | 118 | 337 |
| 49854 | 104 | 293 |
| 49854 | 89 | 249 |
| 49854 | 80 | 250 |
| 49854 | 67 | 218 |
| 49854 | 61 | 220 |
| 49840 | 15 | 28 |
| 49840 | 15 | 52 |
| 49835 | 14 | 63 |
| 49835 | 14 | 39 |
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)
Schedule H community benefit · Schoolcraft Memorial Hospital
FY2023 · matched by name + state · sourced via ProPublica Nonprofit Explorer
- Total revenue (990)
- $56.2M
- Total expenses (990)
- $56.9M
- Charity care cost
- $281K
- Unreimbursed Medicaid
- $3.0M
- Community health improvement spend
- —
CROSS-REFERENCE
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Price transparency data
Published negotiated rates, payer mix, and compliance grade from this hospital's machine-readable file.
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