Velarion Records

Long-term care hospital · Plainwell, Michigan · 43 beds · CMS certification number 232034

Beacon Plainwell

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 11, 2025. 22 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$22.0M
$21,988,116 · G-3 line 3
Operating expenses
$16.0M
$15,975,960 · G-3 line 4
Result from patient care
$6.0M
$6,012,156 · G-3 line 5
Margin on patient care
27.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.9M in its first year on file (2004) to $22.0M in 2025.
  • Its result from patient care: $6.1M (2023), $3.9M (2024), $6.0M (2025).
  • All 5 long-term care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 13.9% of its inpatient days and Medicare for 15.0%.

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

22 years of filings

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

Net patient revenueOperating expenses
2004
settled
$10.9M
$14.1M
2005
settled
$14.4M
$15.4M
2006
settled
$18.6M
$19.7M
2007
settled
$18.8M
$20.3M
2008
settled
$21.7M
$20.7M
2009
settled
$19.4M
$21.4M
2010
settled
$21.1M
$18.2M
2011
settled
$23.0M
$22.2M
2012
settled
$22.6M
$21.8M
2013
settled
$20.6M
$18.2M
2014
settled
$21.0M
$16.9M
2015
settled
$20.6M
$17.9M
2016
settled
$21.1M
$16.8M
2017
settled
$17.9M
$16.2M
2018
settled
$20.9M
$16.8M
2019
settled
$467.5M
$436.7M
2020
settled
$17.6M
$13.0M
2021
settled
$18.5M
$13.2M
2022
settled
$19.5M
$13.9M
2023
settled
$19.7M
$13.6M
2024
settled
$18.2M
$14.3M
2025
as submitted
$22.0M
$16.0M

Beside its peers

Long-term care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Beacon Plainwell43$21,988,116$15,975,96027.3%
Select Specialty Hospital - Ann Arbor, Ypsilanti36$23,479,020$23,466,7570.1%
Select Specialty Hospital - Flint, Flint26$18,135,049$14,276,98121.3%
Select Specialty Hospital - Corewell Health Grand Rapids, Grand Rapids36$26,416,897$24,585,4496.9%
Select Speciatly Hospital Saginaw, Saginaw32$16,686,134$14,686,57012.0%
University of Michigan Health-Sparrow Specialty Hospital, Lansing30$20,999,062$18,002,44214.3%

Patients and payers

Discharges
93
S-3 line 14, col 15
Inpatient days
2,634
S-3 line 14, col 8
Beds in use, on an average day
7.2
days ÷ days in year
Occupancy
16.8%
days ÷ bed days
Medicare share of days
15.0%
S-3 cols 6 ÷ 8
Medicaid share of days
13.9%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: ASCENSION HLTH (100%), home office; ASCENS HLTH MI (100%), home office.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 232034. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 11, 2025.