HCRIS
Cost Report · CCN 233026 · FY 2025

MARY FREE BED REHAB HOSPITAL

GRAND RAPIDS, MI 49503-5247 · Fiscal year ending 2025-03-31

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$187.2M
TOTAL REVENUES
$28.0M
NET INCOME
15.0%
OPERATING MARGIN
2,939
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$187.2M
Total costs
$226.1M
Net income
$28.0M
Operating margin
15.0%
Total charges
$145.3M
Medicare charges
Medicaid charges
Charity care charges
Uncompensated care
Bad debt
$72K
Total assets
$400.2M
Total liabilities
$90.5M
Fund balance
$309.7M
02 — UTILIZATION

Utilization

Total beds
139
Bed days available
50,735
Total inpatient days
43,447
Medicare inpatient days
6,192
Medicaid inpatient days
1,273
Total outpatient visits
Total discharges
2,939
Total FTEs
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2025-03-312,939$187.2M$28.0M15.0%
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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 (PY2022)

ZIPCasesBed days
4950851739
4941847608
4942643578
4950442535
4942841506
4950441581
4942840558
4931539546
4934138574
4954838547
CROSS-REFERENCE

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