Astrelis
Urban PPS hospital · Ann Arbor, MI

UNIVERSITY OF MICHIGAN HEALTH SYSTEM

CCN 230046WASHTENAW CountyVoluntary non-profit - PrivateUrban (USDA RUCC)756 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Ann Arbor, MI. It ran an operating surplus of 2.6% in FY25 on $5630.3M of operating revenue.

Operating margin · FY25
+2.6%
2.0 pts vs FY24
vs Urban PPS hospitals54th pctl of 1,475 (FY25)
Days cash on hand
Not available
all sources
vs Urban PPS hospitals
Total operating revenue · FY25
$5.63B
492.0 $M vs FY24
vs Urban PPS hospitals100th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+5.5%
4.0 pts vs FY24
vs Urban PPS hospitals47th pctl of 1,475 (FY25)
One point of operating margin at UNIVERSITY OF MICHIGAN HEALTH SYSTEM is about $56.3M per year (1% of FY25 total operating revenue).

Where UNIVERSITY OF MICHIGAN 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%UNIVERSITY OF +2.587658127026069%-20%0%+20%Urban PPS hospital median +1.3311360264910879%UNIVERSITY OF +2.587658127026069%
One urban pps hospitalUNIVERSITY OFUrban 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
+2.6% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+5.5% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
Not reported in this filing
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.86× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
40% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
52d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue4,617,0725,076,6965,572,472
Other operating revenue52,88061,59257,827
Total operating revenue4,669,9525,138,2885,630,299
Total operating expenses4,681,7544,904,1735,484,607
Operating income(11,801)234,115145,693
Operating margin %-0.3%+4.6%+2.6%
Grants & contributions56,20722,22949,751
Investment income42,01938,32130,906
Other non-operating, net28,166221,48192,397
Net income114,591516,146318,747
Net income %+2.4%+9.5%+5.5%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 756-bed hospital at 86% occupancy 64% 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
86.3%
Verified fact2025
HCRIS WS S-3
Average daily census
653.80
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
756
Verified fact2025
HCRIS WS S-3
Annual discharges
47,554
Verified fact2025
HCRIS WS S-3
Average length of stay
5.0d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
64.4%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
21,364
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
27.1%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.513
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.3%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.91
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.918864
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+2.1%+1.2%-0.3%+4.6%+2.6%FY21FY22FY23FY24FY25
Days cash on hand
Not available

The county this hospital serves

WASHTENAW County, MI
Median household income
$87.2K
vs $82.1K US · $59.7K rural median
Poverty rate
13.8%
vs 12.5% US · 14.3% rural median
Uninsured
3.3%
vs 8.6% US · 8.4% rural median
Age 65+
15.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
13.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.6% of county personal income is Medicare/Medicaid medical benefits; 12.5% arrives as government transfers (BEA, 2022).

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