Velarion Records

Critical access hospital · Charlotte, Michigan · 25 beds · CMS certification number 231327

University of Michigan Health-Sparrow Eaton

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 9, 2025. Twenty years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$95.4M
$95,405,973 · G-3 line 3
Operating expenses
$78.7M
$78,737,519 · G-3 line 4
Result from patient care
$16.7M
$16,668,454 · G-3 line 5
Margin on patient care
17.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.0M in its first year on file (2006) to $95.4M in 2025.
  • Its result from patient care: $6.8M (2023), $14.0M (2024), $16.7M (2025).
  • None of the 5 critical access hospital peers below with a margin on file reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.9% of its inpatient days and Medicare for 26.3%.
  • REGENTS OF THE UNIVERSITY OF MICHIGAN holds 100% of it, on its Medicare enrollment.

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.

Net patient revenueOperating expenses
2006
reopened
$15.0M
$14.8M
2007
settled
$37.6M
$39.0M
2008
settled
$43.7M
$43.2M
2009
settled
$42.9M
$44.6M
2010
settled
$43.5M
$43.6M
2011
settled
$43.4M
$44.5M
2012
settled
$45.9M
$45.8M
2013
settled
$46.4M
$48.6M
2014
settled
$42.6M
$47.4M
2015
settled
$43.5M
$46.3M
2016
settled
$44.9M
$48.0M
2017
settled
$46.1M
$50.8M
2018
settled
$51.8M
$54.3M
2019
settled
$54.5M
$60.6M
2020
settled
$51.3M
$58.4M
2021
settled
$67.5M
$61.9M
2022
settled
$76.1M
$67.3M
2023
settled
$39.4M
$32.5M
2024
settled
$83.8M
$69.9M
2025
as submitted
$95.4M
$78.7M

Beside its peers

Critical access hospitals in Michigan with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
University of Michigan Health-Sparrow Eaton25$95,405,973$78,737,51917.5%
Beacon Dowagiac, Dowagiac25$15,926,668$17,898,575−12.4%
Helen Newberry Joy Hospital & Healthcare Center, Newberry25$39,937,840$43,005,038−7.7%
McKenzie Health System, Sandusy25$32,931,672$34,391,995−4.4%
Mymichigan Medical Center Standish, Standish25$25,898,893$26,537,237−2.5%
Scheurer Health - Pigeon, Pigeon25$67,021,252$73,901,821−10.3%

Patients and payers

Discharges
836
S-3 line 14, col 15
Inpatient days
3,102
S-3 line 14, col 8
Beds in use, on an average day
8.5
days ÷ days in year
Occupancy
34.0%
days ÷ bed days
Medicare share of days
26.3%
S-3 cols 6 ÷ 8
Medicaid share of days
0.9%
S-3 cols 7 ÷ 8

Who owns it

  • REGENTS OF THE UNIVERSITY OF MICHIGAN100%
  • SPARROW HEALTH SYSTEM100%
  • UM HEALTH100%

Related organizations on its own cost report: SPARROW HEALTH, health care; MID MI MRI, mri; SPHN, health ins..

Other hospitals with the same owner: University of Michigan Health-Sparrow (MI), University of Michigan Health-Sparrow Lansing (MI), University of Michigan Health - West (MI), Chelsea Hospital (MI), University of Michigan Health-Sparrow Clinton (MI), University of Michigan Health-Sparrow Ionia (MI), University of Michigan Health-Sparrow Specialty Hospital (MI).

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

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 231327. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 9, 2025.