General Medical and Surgical Hospitals in Michigan
Revenue benchmarks for general medical and surgical hospitals businesses operating in Michigan.
#13 of 50 states+24.8% vs national avg
Average Revenue
$394.5M
per year
Businesses
59
in Michigan
Revenue / Employee
$130K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
0.6
firms per 100K in MI
Total Revenue
$23.3B
all firms in MI
Total Employees
179,388
in MI
How Michigan Compares
National Average$316.2M
Michigan$394.5M
Difference+$78.3M (+24.8%)