Financial anchor year: FY25. Margin and revenue are as filed for FY25. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY21, the latest filing whose balance sheet reconciled as filed. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in Bay City, MI. It ran an operating loss of 2.7% in FY25 on $306.4M of operating revenue. It held 293 days of cash on hand (91st percentile among Urban PPS hospitals on liquidity). Operating margin improved from -5.8% in FY20 to -2.7% in FY25. Including nonoperating items, the all-in result was positive at 6.7%. These figures come from filings spanning FY21–FY25: read each by its own year rather than as one current picture.
Operating margin · FY25
-2.7%
▲ 7.4 pts vs FY24
vs Urban PPS hospitals37th pctl of 1,475 (FY25)
Days cash on hand · FY25
293d
all sources
▲ 40.7 days vs FY24
vs Urban PPS hospitals91st pctl of 1,386 (FY25)
Total operating revenue · FY25
$306.4M
▼ 2.3 $M vs FY24
vs Urban PPS hospitals53rd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+6.7%
▼ 0.3 pts vs FY24
vs Urban PPS hospitals52nd pctl of 1,475 (FY25)
One point of operating margin at MCLAREN BAY REGION is about $3.1M per year (1% of FY25 total operating revenue).
Where MCLAREN BAY REGION 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.
One urban pps hospitalMCLAREN BAYUrban 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
295,579
303,823
294,763
Other operating revenue
2,967
4,857
11,591
Total operating revenue
298,546
308,680
306,354
Total operating expenses
326,347
339,772
314,540
Operating income
(27,801)
(31,092)
(8,186)
Operating margin %
-9.3%
-10.1%
-2.7%
Grants & contributions
3,860
—
185
Investment income
29,916
53,810
27,855
Other non-operating, net
(61,933)
2,747
2,557
Net income
(55,958)
25,465
22,411
Net income %
-20.7%
+7.0%
+6.7%
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 205-bed hospital at 53% occupancy 55% 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
53.3%
Verified fact2025
HCRIS WS S-3
Average daily census
100.21
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
205
Verified fact2025
HCRIS WS S-3
Annual discharges
8,953
Verified fact2025
HCRIS WS S-3
Average length of stay
4.1d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
55.2%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,246
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.0%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$5.4M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.322
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16.3%
Worse Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.01
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.936316
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospital serves
BAY County, MI · metro, under 250K
Median household income
$60.5K
vs $82.1K US · $59.7K rural median
Poverty rate
14.0%
vs 12.5% US · 14.3% rural median
Uninsured
4.7%
vs 8.6% US · 8.4% rural median
Age 65+
21.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 12.9% of county personal income is Medicare/Medicaid medical benefits; 30.0% arrives as government transfers (BEA, 2022).
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