2040 Chambers Rd, Caro, MI, 48723 · (989) 673-3191
Beds
100
FY 2025
Star rating
Not rated
Overall rating
Net patient revenue
$66.9M
FY 2025
Net income
-
Patient care margin 2.9%
Discharges
80
Occupancy 97.4%
Clinicians
0
Medicare clinicians who work here
From the hospital's yearly cost reports (fiscal years as the hospital reports them)
Locations are shown at the center of the ZIP code.
US dollars as reported. Patient care margin = net patient revenue minus operating expenses, before other income such as grants, donations and investments.
| Fiscal year | Net patient revenue | Operating expenses | Patient care margin | Net income | Discharges | Uncompensated care | Medicare days | Medicaid days |
|---|---|---|---|---|---|---|---|---|
| 2025 | $66.9M | $65.0M | 2.9% | - | 80 | - | 0.3% | 4.5% |
Medicare clinicians who list this hospital, by specialty
No Medicare clinicians list this hospital.
Official US government data: hospital records, ownership records, yearly cost reports and quality measures, linked by the hospital's CCN and NPI. Financials are for fiscal years as reported by the hospital.
| 2024 | $13.2M | $62.9M | -377.5% | - | 80 | - | 0.4% | 8.6% |
| 2023 | $56.0M | $59.1M | -5.5% | - | 82 | - | 0.8% | 11.4% |
| 2022 | $8.1M | $58.9M | -627.0% | - | 111 | - | 5.7% | 9.1% |
| 2021 | $10.0M | $54.7M | -448.8% | - | 106 | - | 5.4% | 9.7% |
| 2020 | $4.9M | $57.0M | -1061.5% | - | 79 | - | 1.5% | 12.1% |
Caro Psychiatric Hospital is a government-owned psychiatric hospital in Caro, MI with 100 beds, part of State of Michigan Office of Financial Management.
Caro Psychiatric Hospital in Caro, MI has 100 beds (fiscal year 2025 cost report); 205 beds are certified for Medicare. It discharged 80 inpatients that year, with 97.4% of its beds in use on average.
In fiscal year 2025 (ending 2025-09-30), Caro Psychiatric Hospital reported net patient revenue of $66.9M and operating expenses of $65.0M, a margin on patient care of 2.9%. After other income and expenses its net income was - (- of revenue), so it made a profit that year.
Caro Psychiatric Hospital is part of State of Michigan Office of Financial Management, a health system with 4 hospitals based in Westland, MI. It is a government-owned hospital.
Caro Psychiatric Hospital has no overall star rating, usually because it reports too few quality measures (for example small, specialty or federal hospitals).
No, Caro Psychiatric Hospital does not list emergency services.