▸ Cost Report · CCN 232037 · FY 2025
SPARROW SPECIALTY HOSPITAL
LANSING, MI 48912 · Fiscal year ending 2025-06-30
$21.0M
TOTAL REVENUES
$6.0M
NET INCOME
28.6%
OPERATING MARGIN
387
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $21.0M
- Total costs
- $18.0M
- Net income
- $6.0M
- Operating margin
- 28.6%
- Total charges
- $37.2M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- —
- Uncompensated care
- —
- Bad debt
- $1K
- Total assets
- $62.3M
- Total liabilities
- $5.2M
- Fund balance
- $57.1M
02 — UTILIZATION
Utilization
- Total beds
- 30
- Bed days available
- 10,950
- Total inpatient days
- 9,388
- Medicare inpatient days
- 1,910
- Medicaid inpatient days
- 1,422
- Total outpatient visits
- —
- Total discharges
- 387
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2025-06-30 | 387 | $21.0M | $6.0M | 28.6% |
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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
105 hospitals filing FY2025
- Median operating margin
- 7.2%
- 25th percentile margin
- 1.0%
- 75th percentile margin
- 15.3%
- Median discharges
- 2,013
- Median net income
- $6.0M
- Median bed count
- 49
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2021)
| ZIP | Cases | Bed days |
|---|---|---|
| 48910 | 31 | 742 |
| 48906 | 23 | 645 |
| 48906 | 22 | 417 |
| 48911 | 20 | 818 |
| 48906 | 19 | 361 |
| 48911 | 17 | 486 |
| 48906 | 16 | 255 |
| 48911 | 16 | 414 |
| 48842 | 16 | 337 |
| 48911 | 15 | 410 |
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)
Schedule H community benefit · Sparrow Specialty Hospital
FY2023 · matched by name + state · sourced via ProPublica Nonprofit Explorer
- Total revenue (990)
- $10.5M
- Total expenses (990)
- $8.6M
- Charity care cost
- —
- Unreimbursed Medicaid
- —
- Community health improvement spend
- —
CROSS-REFERENCE
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