Memorial Healthcare

826 West King Street, Owosso, MI 48867 · Shiawassee County
General Acute ★ CMS 3/5 Emergency services

At a glance

Latest cost report FY2024
Net patient revenue
$325.9M
Operating margin
-0.3%
Net income
$12.5M
Staffed beds
113
Annual discharges
4,510
Case mix index
1.56

Ownership & identity

Control, system & affiliation
Ownership / controlNonprofit (other) Health system Hospital typeGeneral Acute Phone(989) 723-5211 CMS star rating3 / 5 Emergency servicesYes

Net patient revenue trend

FY2019–FY2024
FY19FY20FY21FY22FY23FY24
Fiscal yearNet patient revenue
FY2019$192,250,480
FY2020$194,206,993
FY2021$213,349,243
FY2022$226,383,463
FY2023$268,393,493
FY2024$325,935,189

Payer mix

Share of inpatient days
Medicare21.8%Medicaid4.6%Commercial & other73.6%

How Memorial Healthcare compares

#39 of 163 Michigan hospitals by net patient revenue

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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