Portage Health System
500 Campus Drive, Hancock, MI 49930- · Houghton County
General Acute ★ CMS 5/5 Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$83.2M
Operating margin
-11.6%
Net income
-$134K
Staffed beds
36
Annual discharges
1,166
Case mix index
1.48
Ownership & identity
Control, system & affiliation
Ownership / controlFor-profit (corp) Health systemHsc Manager (10) Hospital typeGeneral Acute Phone(906) 483-1000 CMS star rating5 / 5 Emergency servicesYes
Net patient revenue trend
FY2019–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2019 | $64,162,004 |
| FY2020 | $63,109,888 |
| FY2021 | $69,781,279 |
| FY2022 | $69,349,753 |
| FY2023 | $71,277,547 |
| FY2024 | $83,245,225 |
Payer mix
Share of inpatient days
Medicare31.0%Medicaid3.8%Commercial & other65.2%
How Portage Health System compares
#84 of 163 Michigan hospitals by net patient revenue
Other Hsc Manager hospitals
Same health system · view all
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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