A hospital in Clare, MI. It ran an operating surplus of 24.9% in FY25 on $122.5M of operating revenue. It held 353 days of cash on hand (94th percentile among Urban PPS hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.
Operating margin · FY25
+24.9%
▲ 7.4 pts vs FY24
vs Urban PPS hospitals93rd pctl of 1,475 (FY25)
Days cash on hand · FY25
353d
all sources
▲ 56.9 days vs FY24
vs Urban PPS hospitals94th pctl of 1,386 (FY25)
Total operating revenue · FY25
$122.5M
▲ 16.1 $M vs FY24
vs Urban PPS hospitals25th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+28.1%
▲ 5.6 pts vs FY24
vs Urban PPS hospitals94th pctl of 1,475 (FY25)
One point of operating margin at MYMICHIGAN MEDICAL CENTER CLARE is about $1.2M per year (1% of FY25 total operating revenue).
Where MYMICHIGAN MEDICAL CENTER 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 hospitalMYMICHIGAN MEDICALUrban 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
67,701
103,546
118,356
Other operating revenue
2,363
2,866
4,187
Total operating revenue
70,064
106,412
122,544
Total operating expenses
67,468
87,850
92,081
Operating income
2,596
18,562
30,462
Operating margin %
+3.7%
+17.4%
+24.9%
Investment income
2,880
6,273
5,439
Other non-operating, net
1,783
668
0
Net income
7,259
25,503
35,901
Net income %
+9.7%
+22.5%
+28.1%
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 39-bed hospital at 25% occupancy 90% 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
25.3%
Verified fact2025
HCRIS WS S-3
Average daily census
9.91
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
39
Verified fact2025
HCRIS WS S-3
Annual discharges
1,170
Verified fact2025
HCRIS WS S-3
Average length of stay
3.1d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
89.8%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
476.60
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
17.7%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.8%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.87
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.967087
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
Clare County, MI
Median household income
$49.8K
vs $82.1K US · $59.7K rural median
Poverty rate
21.1%
vs 12.5% US · 14.3% rural median
Uninsured
11.7%
vs 8.6% US · 8.4% rural median
Age 65+
24.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
25.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 17.5% of county personal income is Medicare/Medicaid medical benefits; 41.3% arrives as government transfers (BEA, 2022).
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