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Long-term care hospital · Muskegon, Michigan · 31 beds · CMS certification number 232021

GLS - Muskegon

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2020, settled, stamped by CMS September 1, 2021. 23 years on file, every one shown below.

Fiscal 2020 at a glance

Net patient revenue
$11.9M
$11,927,035 · G-3 line 3
Operating expenses
$11.2M
$11,159,199 · G-3 line 4
Result from patient care
$768K
$767,836 · G-3 line 5
Margin on patient care
6.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.9M in its first year on file (1998) to $11.9M in 2020.
  • Its result from patient care: $1.1M (2018), $341K (2019), $768K (2020).
  • All 5 long-term care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2020.

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

23 years of filings

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

Net patient revenueOperating expenses
1998
settled
$5.9M
$5.5M
1999
reopened
$7.8M
$7.7M
2000
reopened
$3.3M
$7.8M
2001
settled
$7.2M
$6.7M
2002
settled
$7.7M
$7.1M
2003
settled
$7.5M
$7.2M
2004
settled
$8.3M
$7.0M
2005
settled
$8.5M
$6.6M
2006
settled
$9.1M
$7.0M
2007
settled
$6.6M
$6.3M
2008
reopened
$8.6M
$8.1M
2009
settled
$12.2M
$9.6M
2010
reopened
$9.8M
$8.2M
2011
settled
$11.8M
$9.9M
2012
settled
$12.1M
$11.4M
2013
settled
$13.5M
$12.0M
2014
settled
$12.7M
$11.0M
2015
settled
$13.8M
$12.1M
2016
settled
$12.5M
$12.1M
2017
settled
$11.1M
$10.3M
2018
reopened
$12.0M
$10.9M
2019
settled
$11.5M
$11.2M
2020
settled
$11.9M
$11.2M

Beside its peers

Long-term care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2020.

HospitalBedsNet patient revenueOperating expensesMargin
GLS - Muskegon31$11,927,035$11,159,1996.4%
McLaren Bay Special Care, Bay City31$6,234,747$5,381,08513.7%
University of Michigan Health-Sparrow Specialty Hospital, Lansing30$19,284,763$14,528,72424.7%
Select Specialty Hospital - Ann Arbor, Ypsilanti36$21,240,976$17,426,43818.0%
Select Specialty Hospital - Corewell Health Grand Rapids, Grand Rapids36$16,682,240$16,584,9120.6%
Select Speciatly Hospital Saginaw, Saginaw32$14,392,417$13,037,6809.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 232021.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read September 1, 2021.