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▸ Cost Report · CCN 231331 · FY 2025
SPARROW IONIA HOSPITAL
IONIA, MI 48846 · Fiscal year ending 2025-06-30
Critical Access Hospitals222 beds
$73.8M
TOTAL REVENUES
$13.6M
NET INCOME
18.5%
OPERATING MARGIN
762
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $73.8M
- Total costs
- $61.1M
- Net income
- $13.6M
- Operating margin
- 18.5%
- Total charges
- $137.5M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- $3.7M
- Uncompensated care
- $2.4M
- Bad debt
- −$172K
- Total assets
- $105.3M
- Total liabilities
- $15.7M
- Fund balance
- $89.6M
02 — UTILIZATION
Utilization
- Total beds
- 22
- Bed days available
- 8,030
- Total inpatient days
- 2,431
- Medicare inpatient days
- 441
- Medicaid inpatient days
- 56
- Total outpatient visits
- —
- Total discharges
- 762
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2025-06-30 | 762 | $73.8M | $13.6M | 18.5% |
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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 →
04 — PEER BENCHMARK
Peer cohort — MI Critical Access Hospitals
20 hospitals filing FY2025
- Median operating margin
- 12.7%
- 25th percentile margin
- 6.6%
- 75th percentile margin
- 23.4%
- Median discharges
- 364
- Median net income
- $5.7M
- Median bed count
- 25