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Short-term acute care hospital · Hancock, Michigan · 36 beds · CMS certification number 230108

Up Health System Portage

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2025, as submitted, stamped by CMS May 18, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$91.1M
$91,061,993 · G-3 line 3
Operating expenses
$99.1M
$99,110,721 · G-3 line 4
Result from patient care
−$8.0M
−$8,048,728 · G-3 line 5
Margin on patient care
−8.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $23.0M in its first year on file (1997) to $91.1M in 2025.
  • Its result from patient care: −$12.4M (2023), −$9.6M (2024), −$8.0M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 4.0% of its inpatient days and Medicare for 29.5%.
  • PORTAGE HOLDING COMPANY LLC holds 100% of it, on its Medicare enrollment.

Every statement is drawn from figures on this page; nothing is estimated.

29 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
settled
$23.0M
$22.2M
1998
settled
$24.6M
$23.4M
1999
reopened
$25.6M
$25.0M
2000
settled
$28.0M
$28.7M
2001
settled
$32.2M
$32.2M
2002
settled
$22.8M
$35.1M
2003
settled
$29.6M
$41.9M
2004
settled
$39.2M
$43.8M
2005
settled
$47.8M
$49.0M
2006
reopened
$51.3M
$52.3M
2007
reopened
$61.0M
$61.4M
2008
reopened
$64.3M
$65.9M
2009
reopened
$68.8M
$70.3M
2010
reopened
$72.4M
$73.8M
2011
reopened
$69.4M
$70.1M
2012
settled
$79.8M
$78.4M
2013
reopened
$79.0M
$79.2M
2014
settled
$67.5M
$79.3M
2015
settled
$69.8M
$74.8M
2016
settled
$66.3M
$74.0M
2017
settled
$61.2M
$71.7M
2018
settled
$57.3M
$69.3M
2019
settled
$64.2M
$71.0M
2020
settled
$63.1M
$73.1M
2021
settled
$69.8M
$77.6M
2022
settled
$69.3M
$80.6M
2023
settled
$71.3M
$83.7M
2024
settled
$83.2M
$92.9M
2025
as submitted
$91.1M
$99.1M

Beside its peers

Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Up Health System Portage36$91,061,993$99,110,721−8.8%
Corewell Health Ludington Hospital, Ludington39$132,316,323$125,144,3125.4%
Mymichigan Medical Center Alma, Alma38$136,551,627$149,409,143−9.4%
Mymichigan Medical Center Clare, Clare39$118,356,166$92,081,45022.2%
Straith Hospital for Special Surgery, Southfield34$13,462,247$14,841,432−10.2%
Trinity Health Grand Haven Hospital, Grand Haven36$51,871,409$55,996,019−8.0%

Patients and payers

Discharges
1,367
S-3 line 14, col 15
Inpatient days
5,367
S-3 line 14, col 8
Beds in use, on an average day
14.7
days ÷ days in year
Occupancy
40.8%
days ÷ bed days
Medicare share of days
29.5%
S-3 cols 6 ÷ 8
Medicaid share of days
4.0%
S-3 cols 7 ÷ 8

Who owns it

  • PORTAGE HOLDING COMPANY LLC100%
  • DSB ACQUISITION LLC80%
  • HISTORIC LIFEPOINT HOSPITALS LLC80%
  • LEGACY LIFEPOINT HEALTH LLC80%
  • LIFEPOINT HEALTH INC80%
  • LIFEPOINT HOLDINGS 2 LLC80%
  • LIFEPOINT HOSPITALS HOLDINGS LLC80%
  • PORTAGE HEALTH FOUNDATION20%

Related organizations on its own cost report: LIFEPOINT, hosp management; HPG (5%), group purch.

Other hospitals with the same owner: North Alabama Medical Center (AL), Shoals Hospital (AL), Canyon Vista Medical Center (AZ), Havasu Regional Medical Center (AZ), Valley View Medical Center (AZ), Dignity Health East Valley Rehabilitation Hospital (AZ), Dignity Health East Valley Rehabilitation Hospital-Gilbert (AZ), Copper Springs - East (AZ), El Dorado Springs (AZ).

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 230108. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read May 18, 2026.