Caro Community Hospital
401 N Hooper St, Caro, MI 48723 · Tuscola County
Critical Access Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$20.7M
Operating margin
5.2%
Net income
$1.6M
Staffed beds
25
Annual discharges
24
Ownership & identity
Control, system & affiliation
Ownership / controlNonprofit (other) Health systemMclaren Health Care (26) Hospital typeCritical Access Phone(989) 673-3141 CMS star rating— Emergency servicesYes
Net patient revenue trend
FY2019–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2019 | $16,645,069 |
| FY2020 | $12,349,928 |
| FY2021 | $14,568,203 |
| FY2022 | $17,379,241 |
| FY2023 | $19,132,244 |
| FY2024 | $20,736,845 |
Payer mix
Share of inpatient days
Medicare29.6%Medicaid—Commercial & other70.4%
How Caro Community Hospital compares
#134 of 163 Michigan hospitals by net patient revenue
Other Mclaren Health Care hospitals
Same health system · view all
Barbara Ann Karmanos Cancer Hospital · Detroit, MI $396.5M Bay Regional Medical Center · Bay City, MI $303.8M Mclaren Central Michigan · Mt Pleasant, MI $120.1M Mclaren Flint · Flint, MI $514.9M Mclaren Greater Lansing · Lansing Mi 489100, MI $459.1M Mclaren Lapeer Region · Lapeer, MI $146.8M Mclaren Macomb · Mt. Clemens, MI $386.2M Mclaren Northern Michigan · Petoskey, MI $279.5M
Full financial detail
Premium · in the Hospitals app
🔒 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).
Open in the Hospitals app → 🔒 Screener & comparison builder
Screen all 6,421 U.S. hospitals, benchmark Caro Community Hospital against Michigan peers on margin, revenue, occupancy and payer mix, build side-by-side comparisons, and export — in the interactive app.
Open the benchmarking tool →