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▸ Cost Report · CCN 233027 · FY 2024
REHABILITATION INSTITUTE OF MICHIGAN
DETROIT, MI 48201 · Fiscal year ending 2024-10-31
467 beds
$74.4M
TOTAL REVENUES
$4.9M
NET INCOME
6.5%
OPERATING MARGIN
766
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $74.4M
- Total costs
- $71.8M
- Net income
- $4.9M
- Operating margin
- 6.5%
- Total charges
- $188.9M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- —
- Uncompensated care
- —
- Bad debt
- $506K
- Total assets
- $39.4M
- Total liabilities
- $9.0M
- Fund balance
- $30.3M
02 — UTILIZATION
Utilization
- Total beds
- 67
- Bed days available
- 24,522
- Total inpatient days
- 15,995
- Medicare inpatient days
- 2,139
- Medicaid inpatient days
- 1,721
- Total outpatient visits
- —
- Total discharges
- 766
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-10-31 | 766 | $74.4M | $4.9M | 6.5% |
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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
161 hospitals filing FY2024
- Median operating margin
- 7.0%
- 25th percentile margin
- -0.1%
- 75th percentile margin
- 15.8%
- Median discharges
- 1,838
- Median net income
- $5.7M
- Median bed count
- 59