Critical access hospital · Lakeview, Michigan · 12 beds · CMS certification number 231317
Kelsey Memorial Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 6, 2023, settled, stamped by CMS March 3, 2025. Twenty years on file, every one shown below.
Fiscal 2023 at a glance
What stands out
- Net patient revenue rose from $3.2M in its first year on file (2004) to $11.3M in 2023.
- Its result from patient care: $36K (2021), $910K (2022), −$2.2M (2023).
- 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2023.
Every statement is drawn from figures on this page; nothing is estimated.
Twenty years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Critical access hospitals in Michigan with under 25 beds, each on fiscal year 2023.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Kelsey Memorial Hospital | 12 | $11,319,127 | $13,526,113 | −19.5% |
| Deckerville Community Hospital, Deckerville | 15 | $8,456,831 | $9,167,080 | −8.4% |
| Harbor Beach Community Hospital, Harbor Beach | 15 | $15,550,164 | $18,110,429 | −16.5% |
| Mackinac Straits Hospital and Health Center, St. Ignace | 15 | $62,246,465 | $61,551,813 | 1.1% |
| Munising Memorial Hospital, Munising | 11 | $11,152,599 | $13,128,541 | −17.7% |
| Schoolcraft Memorial Hospital, Manistique | 12 | $53,976,799 | $56,236,535 | −4.2% |
Who owns it
Related organizations on its own cost report: SPECTRUM HEALTH (100%), healthcare; SPECTRUM HEALTH (100%), healthcare.
Type of control on its cost report: voluntary nonprofit, other.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2023.ZIP, form CMS-2552-10, filed under CMS certification number 231317. Patients and payers: worksheet S-3 Part I of the same filing.
How this page was built: the CMS Medicare cost report, file HOSP10FY2023.ZIP, read March 3, 2025.