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Short-term acute care hospital · Adrian, Michigan · 58 beds · CMS certification number 230005

Promedica Charles and Virginia Hickman Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 28, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$153.6M
$153,613,475 · G-3 line 3
Operating expenses
$122.5M
$122,535,989 · G-3 line 4
Result from patient care
$31.1M
$31,077,486 · G-3 line 5
Margin on patient care
20.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $40.9M in its first year on file (1997) to $153.6M in 2025.
  • Its result from patient care: $2.6M (2023), $25.3M (2024), $31.1M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 6.3% of its inpatient days and Medicare for 29.8%.

Every statement is drawn from figures on this page; nothing is estimated.

29 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
settled
$40.9M
$39.4M
1998
settled
$44.3M
$44.7M
1999
reopened
$45.7M
$50.4M
2000
reopened
$44.4M
$51.2M
2001
settled
$48.7M
$52.0M
2002
reopened
$51.4M
$54.6M
2003
settled
$52.3M
$54.8M
2004
settled
$55.8M
$55.9M
2005
reopened
$66.2M
$58.3M
2006
reopened
$67.5M
$65.0M
2007
reopened
$67.3M
$67.1M
2008
reopened
$73.4M
$68.6M
2009
reopened
$78.4M
$71.6M
2010
reopened
$81.0M
$74.5M
2011
reopened
$81.5M
$82.2M
2012
reopened
$72.6M
$70.5M
2013
reopened
$71.3M
$71.5M
2014
settled
$74.0M
$73.2M
2015
settled
$77.0M
$75.2M
2016
reopened
$82.1M
$77.1M
2017
settled
$83.3M
$80.0M
2018
settled
$80.8M
$75.2M
2019
reopened
$90.7M
$81.4M
2020
settled
$87.4M
$88.1M
2021
reopened
$131.1M
$110.1M
2022
reopened
$124.7M
$117.8M
2023
settled
$126.2M
$123.5M
2024
settled
$146.9M
$121.7M
2025
as submitted
$153.6M
$122.5M

Beside its peers

Short-term acute care hospitals in Michigan with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Promedica Charles and Virginia Hickman Hospital58$153,613,475$122,535,98920.2%
Chelsea Hospital, Chelsea63$210,355,857$217,678,625−3.5%
Corewell Health Zeeland Hospital, Zeeland55$119,643,314$95,695,79620.0%
McLaren Lapeer Region, Lapeer92$149,219,195$139,698,9526.4%
Mymichigan Medical Center West Branch, West Branch88$83,057,855$82,338,0850.9%
Oaklawn Hospital, Marshall71$184,983,491$194,753,945−5.3%

Patients and payers

Discharges
3,031
S-3 line 14, col 15
Inpatient days
11,931
S-3 line 14, col 8
Beds in use, on an average day
32.8
days ÷ days in year
Occupancy
56.4%
days ÷ bed days
Medicare share of days
29.8%
S-3 cols 6 ÷ 8
Medicaid share of days
6.3%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: PROMEDICA (100%).

Type of control on its cost report: voluntary nonprofit, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 230005. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read May 28, 2026.