A hospital in Saint Ignace, MI. It ran an operating surplus of 8.4% in FY25 on $78.3M of operating revenue. It held 115 days of cash on hand (53rd percentile among Critical Access Hospitals on liquidity). Operating margin improved from -3.7% in FY21 to 8.4% in FY25.
Operating margin · FY25
+8.4%
▲ 6.3 pts vs FY24
vs Critical Access Hospitals77th pctl of 824 (FY25)
Days cash on hand · FY25
115d
all sources
▲ 25.1 days vs FY24
vs Critical Access Hospitals53rd pctl of 827 (FY25)
Total operating revenue · FY25
$78.3M
▲ 9.5 $M vs FY24
vs Critical Access Hospitals86th pctl of 833 (FY25)
Total margin · incl. nonoperating · FY25
+14.0%
▲ 4.1 pts vs FY24
vs Critical Access Hospitals77th pctl of 824 (FY25)
One point of operating margin at MACKINAC STRAITS HOSPITAL AND HEALTH CENTER is about $783K per year (1% of FY25 total operating revenue).
Where MACKINAC STRAITS HOSPITAL sits among Critical Access Hospitals
Operating margin · FY25 pool · n = 824 of 1,404 filed
Each point is one Critical Access 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 Critical Access Hospital median is -0.2%. Descriptive context only, not a ranking.
One critical access hospitalMACKINAC STRAITSCritical Access 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
Medicare inpatient contribution margin
-24.1% (FY24)
Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+59.9% (FY24)
Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
62,247
68,590
78,004
Other operating revenue
171
152
259
Total operating revenue
62,417
68,741
78,263
Total operating expenses
61,552
67,275
71,696
Operating income
865
1,466
6,567
Operating margin %
+1.4%
+2.1%
+8.4%
Grants & contributions
651
5,402
6,222
Investment income
88
546
522
Other non-operating, net
3,109
225
(1,014)
Net income
4,713
7,639
12,297
Net income %
+7.1%
+10.2%
+14.6%
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 15-bed hospital at 8% occupancy 92% 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
8.1%
Verified fact2025
HCRIS WS S-3
Average daily census
1.22
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
15
Verified fact2025
HCRIS WS S-3
Annual discharges
170
Verified fact2025
HCRIS WS S-3
Average length of stay
2.6d
Verified fact2025
HCRIS WS S-3
Swing-bed average daily census
0.04
Verified fact2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
3.3%
Verified fact2025
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
91.7%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
276.70
Verified fact2025
HCRIS WS S-3 Pt II
How the care measures up
C. difficile infection (SIR)
Results are not available for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.7%
No Different Than the National Rate
CMS-reported measure07/01/2023 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
MACKINAC County, MI
Median household income
$58.6K
vs $82.1K US · $59.7K rural median
Poverty rate
16.9%
vs 12.5% US · 14.3% rural median
Uninsured
10.3%
vs 8.6% US · 8.4% rural median
Age 65+
29.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
24.2%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 13.3% of county personal income is Medicare/Medicaid medical benefits; 31.4% arrives as government transfers (BEA, 2022).
What this hospital means to Mackinac County
economic contribution · FY25 cost report
Direct annual spending
$71.7M
total operating expense · reported
Total economic output
$164.9M
× 2.30 output multiplier · estimate, upper bound for rural
Share of county employment
5.7%
of all county jobs
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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