State Profile for Michigan - 2023



State Controls Information

Cost Report Counts Population
Total Hospital Count 106 Total Population on July 31, 2023 10,037,261
Total Cost Reports Filed in 2023 106 Total Births 101,911
Total Cost Reports Submitted 104 Total Deaths 105,941
Total Cost Reports Settled 2 Net Population Natural Change -4,030
Total Cost Reports Reopened 0 Total International Migration 22,817
Total Cost Reports Ammended 0 Total Domestic Migration -15,051
Total Cost Reports Audited 0 Total Residual 244
Net Population Change 3,980

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 11,133,701,383 Total Charges 72,807,804,769
Fixed Assets 9,934,743,784 Contract Allowance 49,907,031,235
Other Assets 8,647,931,494 Operating Revenue 22,900,773,534
Total Assets 29,716,376,661 Operating Expenses 24,515,518,357
Current Liabilities 6,694,549,578 Operating Margin -1,614,744,823
Long Term Liabilities 8,223,414,389 Other Income 1,513,195,184
Total Equity 14,773,406,592 Other Expense 8,224,590
Total Liabilities and Equity 29,691,370,559 Net Profit or Loss -109,774,229

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $40,809 Revenue per Bed $1,918,630 Revenue per Person $2,282
Net Margin per Discharge ($2,877) Net Margin per Bed ($135,284) Net Margin per Person ($161)
Net Profit per Discharge ($196) Net Profit per Bed ($9,197) Net Profit per Person ($11)
Net Fixed Assets per Discharge $17,704 Net Fixed Assets per Bed $832,334 Net Fixed Assets per Bed $990
Long Term Debt per Discharge $14,654 Long Term Debt per Bed $688,959 Long Term Debt per Person $819
Persons per Discharge 0 Persons per Bed 840
Occupancy Rate 66.2 %
Length of Stay 6 Days

State Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 11 Net Fixed Assets 9 Population Estimate 10
Total Revenue 10 Long Term Liabilities 10 Total Patient Discharges 10
Net Margin 55 Total Patient Beds 9
Net Profit or Loss 58

State Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 3,442,495,317 6,866,914,946 0.5013
31 Intensive Care Unit 693,805,482 1,716,293,044 0.4042
32 Coronary Care Unit 80,777,242 227,608,908 0.3549
43 Nursery 90,242,841 166,424,760 0.5422
44 Skilled Nursing Care 62,968,225 46,956,650 1.3410
50 Operating Room 1,691,068,526 8,166,326,273 0.2071
51 Recovery Room 180,852,032 727,298,035 0.2487
52 Labor and Delivery Room 292,853,686 500,853,430 0.5847

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 482,423,356 13 Nursing Administration 330,450,427
02,03 Captial Related - Movable Equipment 403,496,312 14 Central Services and Supply 60,776,421
04 Employee Benefits 1,116,920,199 15 Pharmacy 410,574,633
05 Administrative and General 3,754,483,322 16 Medical Records and Medical Library 98,072,295
06 Maintenance and Repairs 367,051,518 17 Social Services 105,614,080
07 Operation of Plant 345,556,669 18 Other General Service Expense 7,805,858
08,09 Laundry, Linen and Housekeeping 300,567,891 19 Non Physician Anesthetist 927,402
10,11 Dietary and Cafeteria 217,178,148 20,21,22,23 Education Programs 624,126,850
Total General Service Cost Centers 8,626,025,381

State Profile for Michigan - 2023