Long-term care hospital · Detroit, Michigan · 77 beds · CMS certification number 232027

Kindred Hospital Detroit

Name: Medicare cost report — KINDRED HOSPITAL DETROIT (CCN 232027)
Creator: Velarion Records
License: https://www.cms.gov/about-cms/information-systems/privacy/privacy-policy

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2017, settled, stamped by CMS January 24, 2019. Eighteen years on file, every one shown below.

Fiscal 2017 at a glance

Net patient revenue

$16.3M

$16,324,249 · G-3 line 3

Operating expenses

$18.7M

$18,699,431 · G-3 line 4

Result from patient care

−$2.4M

−$2,375,182 · G-3 line 5

Margin on patient care

−14.5%

line 5 ÷ line 3, same filing

What stands out

Net patient revenue rose from $7.3M in its first year on file (2000) to $16.3M in 2017.
Its result from patient care: $2.1M (2015), −$1.6M (2016), −$2.4M (2017).
2 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2017.

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

Eighteen years of filings

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

Net patient revenueOperating expenses

2000
settled

$7.3M

$6.5M

2001
reopened

$8.8M

$8.6M

2002
settled

$8.9M

$9.2M

2003
settled

$10.2M

$9.4M

2004
settled

$14.2M

$11.0M

2005
settled

$20.2M

$14.7M

2006
settled

$24.5M

$18.5M

2007
settled

$24.7M

$18.9M

2008
reopened

$27.8M

$22.6M

2009
settled

$27.5M

$21.1M

2010
settled

$27.9M

$23.1M

2011
settled

$29.5M

$23.6M

2012
reopened

$31.2M

$27.0M

2013
reopened

$30.1M

$24.7M

2014
settled

$20.2M

$18.9M

2015
settled

$26.4M

$24.3M

2016
reopened

$19.8M

$21.4M

2017
settled

$16.3M

$18.7M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Michigan first; each on fiscal year 2017.

Hospital	Beds	Net patient revenue	Operating expenses	Margin
Kindred Hospital Detroit	77	$16,324,249	$18,699,431	−14.5%
Beacon Plainwell, Plainwell	43	$17,900,367	$16,191,436	9.6%
Henry Ford Allegiance Carelink, Jackson	44	$14,026,973	$15,618,998	−11.3%
Select Specialty Hospital - Corewell Health Grand Rapids, Grand Rapids	40	$35,057,117	$43,193,808	−23.2%
Select Specialty Hospital Macomb County, Mount Clemens	92	$18,292,124	$17,722,460	3.1%
Vibra Hospital of Southeastern Michigan - Taylor Campus, Detroit	260	$48,416,920	$45,262,524	6.5%

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More long-term care hospitals in Michigan

Beacon Plainwell Henry Ford Allegiance Carelink Select Specialty Hospital - Corewell Health Grand Rapids Select Specialty Hospital Macomb County Vibra Hospital of Southeastern Michigan - Taylor Campus Select Specialty Hospital-Wyandotte Pioneer Specialty Hospital Select Specialty Hospital - Ann Arbor SSH - Northwest Detroit Lakeland Specialty Hospital SSH - Battle Creek Select Speciatly Hospital Saginaw All long-term care hospitals in Michigan

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2016.ZIP, form CMS-2552-10, filed under CMS certification number 232027.

How this page was built: the CMS Medicare cost report, file HOSP10FY2016.ZIP, read January 24, 2019.