Astrelis
Urban PPS hospital · St Joseph, MI

LAKELAND HOSPITAL, ST JOSEPH

CCN 230021BERRIEN CountyVoluntary non-profit - PrivateUrban (USDA RUCC)203 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in St Joseph, MI. It ran an operating loss of 0.7% in FY25 on $564.1M of operating revenue. It held 1 day of cash on hand (26th percentile among Urban PPS hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited. Including nonoperating items, the all-in result was positive at 10.4%.

Operating margin · FY25
-0.7%
vs Urban PPS hospitals43rd pctl of 1,475 (FY25)
Days cash on hand · FY25
1d
all sources
vs Urban PPS hospitals26th pctl of 1,386 (FY25)
Total operating revenue · FY25
$564.1M
vs Urban PPS hospitals74th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+10.4%
vs Urban PPS hospitals65th pctl of 1,475 (FY25)
One point of operating margin at LAKELAND HOSPITAL, ST JOSEPH is about $5.6M per year (1% of FY25 total operating revenue).

Where LAKELAND HOSPITAL, ST sits among Urban PPS hospitals

Operating margin · FY25 pool · n = 1,475 of 2,681 filed

Each point is one Urban PPS hospital in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The Urban PPS hospital median is +1.3%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%LAKELAND HOSPITAL, -0.6799431398280545%-20%0%+20%Urban PPS hospital median +1.3311360264910879%LAKELAND HOSPITAL, -0.6799431398280545%
One urban pps hospitalLAKELAND HOSPITAL,Urban PPS hospital median

The money

$ thousands · HCRIS cost-report basis · as filed, QA-gated

Ratios tell you how this hospital is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.

Operating margin
-0.7% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+10.4% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
1d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
2.97× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
96% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
40d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY25
Patient revenue488,226240,823560,266
Other operating revenue12,4035,2973,855
Total operating revenue500,629246,120564,121
Total operating expenses505,716258,744567,956
Operating income(5,087)(12,624)(3,836)
Operating margin %-1.0%-5.1%-0.7%
Grants & contributions501
Investment income61,572
Other non-operating, net(60,175)34,8897,934
Net income(65,262)22,26566,171
Net income %-14.8%+7.9%+10.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 203-bed hospital at 57% occupancy 69% of patient revenue is outpatient.

The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.

Scale and flow
Occupancy
57.4%
Verified fact2025
HCRIS WS S-3
Average daily census
116.90
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
203
Verified fact2025
HCRIS WS S-3
Annual discharges
11,216
Verified fact2025
HCRIS WS S-3
Average length of stay
3.8d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
69.4%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
2,102
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.8%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$10.8M
Verified fact2024
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.212
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.93
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.794204
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-2.9%-1.6%-1.0%-5.1%-0.7%FY20FY21FY22FY23FY24FY25
Days cash on hand
454 days470 days364 days109 days0 days1 dayFY20FY21FY22FY23FY24FY25

The county this hospital serves

BERRIEN County, MI · metro, under 250K
Median household income
$63.2K
vs $82.1K US · $59.7K rural median
Poverty rate
15.2%
vs 12.5% US · 14.3% rural median
Uninsured
6.2%
vs 8.6% US · 8.4% rural median
Age 65+
20.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.2% of county personal income is Medicare/Medicaid medical benefits; 23.1% arrives as government transfers (BEA, 2022).

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