As of the July, 2022, release via CMS
MACKINAC STRAITS HEALTH SYSTEM INC
- CMS id: 231306
- 1140 NORTH STATE STREET, ST. IGNACE MI 49781. County: MACKINAC
- System: --
- CBSA: Rural Michigan
The 63-bed, CAH hospital had $-3,174,213 in net service to patients*, with a total profit margin of 9.45079% in fiscal year 2021, the latest year available.
It spent 2.15% of its operating expenses on uncompensated care and reported $2,519,198 in Medicaid shortfall.
* For more about Net Service to Patients and operating revenue, please the finance section below.
Note: Medians are from CAH hospitals with "complete" fiscal years. For more about how we calculated medians and cost reports in general, please click here.
Details
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| # of days in fyear | 365 | 365 | 365 | 366 | 365 |
| Ownership |
nfp | nfp | nfp | nfp | nfp |
| Acute beds Median |
15 23 |
15 23 |
15 23 |
15 23 |
15 23 |
| Total beds Median |
63 25 |
63 25 |
63 25 |
63 25 |
63 25 |
| FTEs Median |
224.33 149.18 |
236.91 151.6 |
228.42 151.58 |
235.80 152.78 |
230.22 151.99 |
Finances As they appear in worksheet G3 of the cost reports.
Note: Net Patient Revenue is considered operating revenue, which means Net Service to Patients is considered operating profit. Click here for more about cost report financials
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Net patient revenue ? Median |
38,045,357 19,395,819 |
42,480,344 19,790,685 |
41,556,041 20,891,573 |
45,667,285 20,752,910 |
47,233,674 22,925,976 |
| Operating expenses Median |
39,847,009 21,082,256 |
43,134,080 21,740,728 |
44,321,163 22,449,917 |
48,640,931 23,028,561 |
50,407,887 24,906,213 |
| Net income from service 2 patients (NS2P) ? Median |
-1,801,652 -1,166,928 |
-653,736 -1,178,891 |
-2,765,122 -1,189,234 |
-2,973,646 -1,989,193 |
-3,174,213 -1,175,562 |
| NS2P margin ? Median |
-4.74% -6.37 |
-1.54% -6.47 |
-6.65% -6.58 |
-6.51% -10.52 |
-6.72% -5.81 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for MACKINAC STRAITS HEALTH SYSTEM INC compared to all** CAH hospitals, from CMS cost reports.Note: NS2P is considered operating margin by MACPAC. The chart below is interactive: click or touch to see more.
* Data range does not show outliers, which fall beyond the minimum and maximum of the range.
** From cost reports with complete fiscal years. Number of CAH hospitals available to calculate medians:
| 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| 1,314 | 1,322 | 1,316 | 1,319 | 1,132 |
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Other income* Median Click here to show/hide details |
3,136,169 1,517,926 |
3,497,498 1,554,100 |
4,883,665 1,708,825 |
4,388,847 3,606,354 |
9,909,184 4,946,640 |
| Total income ? Median |
1,334,517 445,049 |
2,843,762 379,292 |
2,118,543 655,032 |
1,415,201 1,453,054 |
6,734,971 3,734,026 |
| Non-operating expenses Median |
1,330,901 56,329 |
1,707,825 45,230 |
1,566,615 61,507 |
1,509,675 80,747 |
1,334,521 39,130 |
| Net income Median |
3,616 309,249 |
1,135,937 305,537 |
551,928 515,321.5 |
-94,474 1,282,423 |
5,400,450 3,678,491 |
| Net margin Median |
0.00878% 1.7% |
2.47062% 1.61% |
1.18848% 2.36% |
-0.18874% 5.41% |
9.45079% 13.38% |
* About "Other income": Other income, or line 25 in worksheet G3, is the sum of lines 6 through 24. It includes three lines that are considered non-operating revenue - contributions, investments and government appropriations. Medians are included for these three lines. It also contains items that are not central to providing healthcare, such as revenue from parking or gift shops.
"Sum Line 24" is a special case. Called "Other (specify)" in the cost reports, CMS allows for this line to be "subscripted," or divided into sublines like 002400, 002401, 002402. And hospitals do that, up to 100 lines, to detail income (and sometimes negative returns) that are otherwise not covered in the previous "other" lines. Therefore, "Sum Line 24" is the sum of all the lines 24.
Range* of total profit (loss) margins
= Total margin for MACKINAC STRAITS HEALTH SYSTEM INC compared to all** CAH hospitals, from CMS cost reports.The chart below is interactive: click or touch to see more.
* Data range does not show outliers, which fall beyond the minimum and maximum of the range.
** From cost reports with complete fiscal years. Number of CAH hospitals available to calculate medians:
| 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| 1,314 | 1,322 | 1,316 | 1,319 | 1,132 |
Medicare revenue
Inpatient and outpatient revenue
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| All inpatient revenue Median Click here to show/hide details |
919,378 1,512,374 |
964,409 1,478,094 |
913,020 1,365,460 |
1,081,958 1,289,169 |
713,371 1,354,214 |
| All outpatient revenue Median Click here to show/hide details |
8,914,165 4,108,627 |
8,896,981 4,367,646 |
9,368,298 4,566,928 |
11,443,414 4,517,324 |
10,664,126 4,554,272 |
Other payments
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Graduate Medical Education (GME) Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Disproportionate-share hospital (DSH) Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Outlier Median |
0 4,679 |
0 5,256 |
0 5,165.5 |
0 6,341 |
0 5,998 |
Uncompensated care
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Medicaid shortfall Median |
163,384 553,475.5 |
1,822,992 567,149 |
2,366,499 599,174.5 |
2,132,171 641,417 |
2,519,198 631,057 |
| Charity care Median |
254,529 190,496 |
235,007 225,101 |
296,961 238,624 |
259,988 260,478.5 |
306,083 225,887 |
| Uncompensated care (UCC) Median |
1,080,147 860,218.5 |
1,262,916 933,428 |
1,262,367 986,290 |
954,511 998,939 |
1,083,207 871,713 |
| UCC as a % of operating expenses Median |
2.71% 3.77 |
2.93% 3.82 |
2.85% 3.7 |
1.96% 3.74 |
2.15% 3.04 |
| Total shortfall/UCC Median |
1,243,531 1,405,482 |
3,085,908 1,525,979 |
3,628,866 1,576,055 |
3,086,682 1,691,815 |
3,602,405 1,476,802 |
Labor costs
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Total salaries Median |
13,745,784 8,521,101 |
14,972,334 8,786,419 |
15,251,700 9,086,354 |
16,083,041 9,512,636 |
16,193,503 9,933,360 |
| Salaries as a % of operating expenses Median |
34.50 42.53 |
34.71 42.58 |
34.41 42.62 |
33.06 42.72 |
32.12 42.27 |
| Intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract adjusted salaries, direct-care Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract hours, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
| Contract wages, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
* in an approved program
Cost reports are self-reported by the facility, are subject to revision and should be considered preliminary.
* Net Service to patients (NS2P) equals net patient revenue minus operating expenses. NS2P is considered the equivalent of operating profit according to the Medicaid and CHIP Payment and Access Commission (MACPAC). See the last paragraph of "Primary Data Sources" on page 55 of Annual Analysis of Disproportionate Share Hospital Allotments to States (PDF).
About medians
- Medians are calculated from reports with "complete" fiscal years, or reports with fiscal years of at least 300 days and no more than 420 days.
- In cases where there are fewer than 50 values reported, medians are not calculated. For childrens' hospitals, it's when fewer than 20 are reported.
Web app by Tim Broderick | email.