Aspirus Keweenaw Hospital
205 Oceola St, Laurium, MI 49913- · Houghton County
Critical Access Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$59.8M
Operating margin
-24.9%
Net income
-$1.6M
Staffed beds
25
Annual discharges
981
Ownership & identity
Control, system & affiliation
Ownership / controlNonprofit (other) Health systemAspirus (28) Hospital typeCritical Access Phone(906) 337-6500 CMS star rating— Emergency servicesYes
Net patient revenue trend
FY2020–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2020 | $50,173,451 |
| FY2021 | $53,867,252 |
| FY2022 | $58,111,707 |
| FY2023 | $59,090,550 |
| FY2024 | $59,828,326 |
Payer mix
Share of inpatient days
Medicare31.2%Medicaid2.5%Commercial & other66.3%
How Aspirus Keweenaw Hospital compares
#102 of 163 Michigan hospitals by net patient revenue
Other Aspirus hospitals
Same health system · view all
Aspirus Iron River Hopsital & Clinic · Iron River, MI $36.8M Aspirus Ironwood Hospital · Ironwood, MI $72.5M Aspirus Lake View Hospital · Two Harbors, MN $11.5M St. Lukes Hospital of Duluth · Duluth, MN $251.9M Aspirus Medford Hospital and Clinics · Medford, WI $91.1M Aspirus Rhinelander Hospital · Rhinelander, WI $221.5M Aspirus Stanley Hospital · Stanley, WI $22.9M Aspirus Tomahawk Hospital · Tomahawk, WI $13.9M
Full financial detail
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🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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