A hospital in Midland, MI. It ran an operating surplus of 0.6% in FY25 on $743.2M of operating revenue. It held 434 days of cash on hand (96th percentile among Urban PPS hospitals on liquidity). Operating margin declined from 3.0% in FY21 to 0.6% in FY25.
Operating margin · FY25
+0.6%
▼ 1.9 pts vs FY24
vs Urban PPS hospitals47th pctl of 1,475 (FY25)
Days cash on hand · FY25
434d
all sources
▼ 23.7 days vs FY24
vs Urban PPS hospitals96th pctl of 1,386 (FY25)
Total operating revenue · FY25
$743.2M
▲ 69.8 $M vs FY24
vs Urban PPS hospitals81st pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+9.2%
▼ 4.9 pts vs FY24
vs Urban PPS hospitals62nd pctl of 1,475 (FY25)
One point of operating margin at MYMICHIGAN MEDICAL CENTER MIDLAND is about $7.4M 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
537,846
636,161
684,146
Other operating revenue
34,977
37,170
59,031
Total operating revenue
572,823
673,331
743,177
Total operating expenses
589,327
656,193
738,751
Operating income
(16,504)
17,138
4,426
Operating margin %
-2.9%
+2.5%
+0.6%
Investment income
47,174
90,713
70,786
Other non-operating, net
9,651
0
0
Net income
40,321
107,851
75,212
Net income %
+6.4%
+14.1%
+9.2%
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 216-bed hospital at 88% 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
88.4%
Verified fact2025
HCRIS WS S-3
Average daily census
191.54
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
216
Verified fact2025
HCRIS WS S-3
Annual discharges
15,074
Verified fact2025
HCRIS WS S-3
Average length of stay
4.6d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
63.7%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
3,366
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
20.4%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.156
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.96
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.140327
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
Location, MI
Median household income
$77.5K
vs $82.1K US · $59.7K rural median
Poverty rate
10.9%
vs 12.5% US · 14.3% rural median
Uninsured
3.8%
vs 8.6% US · 8.4% rural median
Age 65+
19.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 8.3% of county personal income is Medicare/Medicaid medical benefits; 20.1% arrives as government transfers (BEA, 2022).
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