Ssh - Spectrum Health
1840 Wealthy St Southeast 5th Floor, Grand Rapids, MI 49506 · Kent County
Long-Term Acute
At a glance
Latest cost report FY2024
Net patient revenue
$23.9M
Operating margin
1.6%
Net income
$552K
Staffed beds
36
Annual discharges
346
Ownership & identity
Control, system & affiliation
Ownership / controlFor-profit (corp) Health systemSelect Medical (122) Hospital typeLong-Term Acute Phone— CMS star rating— Emergency services—
Net patient revenue trend
FY2020–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2020 | $16,682,240 |
| FY2021 | $18,451,534 |
| FY2022 | $20,028,388 |
| FY2023 | $21,619,045 |
| FY2024 | $23,875,978 |
Payer mix
Share of inpatient days
Medicare22.9%Medicaid5.6%Commercial & other71.5%
How Ssh - Spectrum Health compares
#130 of 163 Michigan hospitals by net patient revenue
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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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