County Profile for Somerset - 2024



County Controls Information

Cost Report Counts Population
Total Hospital Count 3 Total Population on July 31, 2024 357,467
Total Cost Reports Filed in 2024 3 Total Births 3,239
Total Cost Reports Submitted 2 Total Deaths 2,508
Total Cost Reports Settled 1 Net Population Natural Change 731
Total Cost Reports Reopened 0 Total International Migration 4,661
Total Cost Reports Ammended 0 Total Domestic Migration -17
Total Cost Reports Audited 0 Total Residual -3
Net Population Change 5,372

County Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 193,512,237 Total Charges 2,560,742,600
Fixed Assets 341,048,833 Contract Allowance 2,062,142,608
Other Assets 38,058,840 Operating Revenue 498,599,992
Total Assets 572,619,910 Operating Expenses 573,978,643
Current Liabilities 69,671,950 Operating Margin -75,378,651
Long Term Liabilities 237,279,975 Other Income 25,823,730
Total Equity 265,667,985 Other Expense -3,010,254
Total Liabilities and Equity 572,619,910 Net Profit or Loss -46,544,667

County Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $27,279 Revenue per Bed $808,104 Revenue per Person $1,395
Net Margin per Discharge ($4,124) Net Margin per Bed ($122,170) Net Margin per Person ($211)
Net Profit per Discharge ($2,546) Net Profit per Bed ($75,437) Net Profit per Person ($130)
Net Fixed Assets per Discharge $18,659 Net Fixed Assets per Bed $552,753 Net Fixed Assets per Bed $954
Long Term Debt per Discharge $12,982 Long Term Debt per Bed $384,570 Long Term Debt per Person $664
Persons per Discharge 0 Persons per Bed 579
Occupancy Rate 70.1 %
Length of Stay 9 Days

County Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 394 Net Fixed Assets 330 Population Estimate 212
Total Revenue 459 Long Term Liabilities 284 Total Patient Discharges 386
Net Margin 3,112 Total Patient Beds 261
Net Profit or Loss 3,221

County Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 216,690,984 915,280,401 0.2367
31 Intensive Care Unit 11,869,748 83,417,772 0.1423
32 Coronary Care Unit 0 0
43 Nursery 3,093,617 10,252,450 0.3017
44 Skilled Nursing Care 0 0
50 Operating Room 25,408,885 127,636,096 0.1991
51 Recovery Room 4,520,227 23,047,196 0.1961
52 Labor and Delivery Room 8,645,102 31,491,650 0.2745

County General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 19,270,750 13 Nursing Administration 9,950,191
02,03 Captial Related - Movable Equipment 13,170,422 14 Central Services and Supply 1,672,053
04 Employee Benefits 44,551,740 15 Pharmacy 5,632,918
05 Administrative and General 106,368,978 16 Medical Records and Medical Library 831,191
06 Maintenance and Repairs 10,044,879 17 Social Services 5,073,475
07 Operation of Plant 9,547,431 18 Other General Service Expense 1
08,09 Laundry, Linen and Housekeeping 8,761,841 19 Non Physician Anesthetist 0
10,11 Dietary and Cafeteria 9,831,710 20,21,22,23 Education Programs 3,170,358
Total General Service Cost Centers 247,877,938

County Profile for Somerset - 2024