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
| Fiscal year | Net 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
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).
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