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▸ Cost Report · CCN 231317 · FY 2023
KELSEY MEMORIAL HOSPITAL
LAKEVIEW, MI 48850- · Fiscal year ending 2023-10-06
212 beds⚠ Distress flagged
$11.3M
TOTAL REVENUES
−$2.3M
NET INCOME
-20.7%
OPERATING MARGIN
—
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $11.3M
- Total costs
- $13.5M
- Net income
- −$2.3M
- Operating margin
- -20.7%
- Total charges
- $676K
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- $273K
- Uncompensated care
- $2.5M
- Bad debt
- $3K
- Total assets
- $1.3M
- Total liabilities
- $3.0M
- Fund balance
- −$1.7M
02 — UTILIZATION
Utilization
- Total beds
- 12
- Bed days available
- 279
- Total inpatient days
- —
- Medicare inpatient days
- —
- Medicaid inpatient days
- —
- Total outpatient visits
- —
- Total discharges
- —
- Total FTEs
- 48
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2023-10-06 | — | $11.3M | −$2.3M | -20.7% |
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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
160 hospitals filing FY2023
- Median operating margin
- 1.9%
- 25th percentile margin
- -5.7%
- 75th percentile margin
- 8.0%
- Median discharges
- 1,819
- Median net income
- $1.1M
- Median bed count
- 58