▸ Cost Report · Loading…
▸ Cost Report · CCN 234030 · FY 2024
FOREST VIEW HOSPITAL
GRAND RAPIDS, MI 49546-3671 · Fiscal year ending 2024-12-31
Psychiatric4108 beds
$54.4M
TOTAL REVENUES
$13.4M
NET INCOME
24.5%
OPERATING MARGIN
3,413
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $54.4M
- Total costs
- $41.2M
- Net income
- $13.4M
- Operating margin
- 24.5%
- Total charges
- —
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- —
- Uncompensated care
- —
- Bad debt
- $163K
- Total assets
- $16.6M
- Total liabilities
- −$141.1M
- Fund balance
- $157.6M
02 — UTILIZATION
Utilization
- Total beds
- 108
- Bed days available
- 39,528
- Total inpatient days
- 33,860
- Medicare inpatient days
- 1,780
- Medicaid inpatient days
- —
- Total outpatient visits
- —
- Total discharges
- 3,413
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 3,413 | $54.4M | $13.4M | 24.5% |
Upgrade to see all 10 filings on file.See Solo · $499/yr →
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 Psychiatric
15 hospitals filing FY2024
- Median operating margin
- 11.7%
- 25th percentile margin
- -50.1%
- 75th percentile margin
- 24.6%
- Median discharges
- 2,114
- Median net income
- $4.0M
- Median bed count
- 114