Lakeland Community Hospital Watervliet
400 Medical Park Drive, Watervliet, MI 49098 · Berrien County
General Acute Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$53.9M
Operating margin
12.1%
Net income
$7.1M
Staffed beds
26
Annual discharges
6
Case mix index
2.14
Ownership & identity
Control, system & affiliation
Ownership / controlNonprofit (other) Health systemCorewell Health (14) Hospital typeGeneral Acute Phone(269) 463-3111 CMS star rating— Emergency servicesYes
Net patient revenue trend
FY2019–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2019 | $52,616,511 |
| FY2020 | $38,598,969 |
| FY2021 | $46,766,508 |
| FY2022 | $49,713,202 |
| FY2023 | $23,738,356 |
| FY2024 | $53,947,061 |
Payer mix
Share of inpatient days
Medicare30.0%Medicaid—Commercial & other70.0%
How Lakeland Community Hospital Watervliet compares
#106 of 163 Michigan hospitals by net patient revenue
Other Corewell Health hospitals
Same health system · view all
Corewell Health Big Rapids · Big Rapids, MI $102.5M Corewell Health Gerber · Fremont, MI $138.5M Corewell Health Grand Rapids Hospita · Grand Rapids, MI $3.16B Corewell Health Greenville Hospital · Greenville, MI $157.3M Corewell Health Ludington Hospital · Ludington, MI $117.9M Corewell Health Pennock Hospital · Hastings, MI $118.3M Corewell Health Reed City · Reed City, MI $92.7M Corewell Health Zeeland · Zeeland, MI $112.9M
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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