State Profile for Michigan - 2014



State Controls Information

Cost Report Counts Population
Total Hospital Count 171 Total Population on July 31, 2014 9,932,033
Total Cost Reports Filed in 2014 179 Total Births 114,514
Total Cost Reports Submitted 1 Total Deaths 91,841
Total Cost Reports Settled 96 Net Population Natural Change 22,673
Total Cost Reports Reopened 74 Total International Migration 23,685
Total Cost Reports Ammended 1 Total Domestic Migration -28,543
Total Cost Reports Audited 7 Total Residual -584
Net Population Change 17,231

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 8,487,811,234 Total Charges 74,873,499,167
Fixed Assets 14,547,258,827 Contract Allowance 47,560,325,004
Other Assets 11,499,630,935 Operating Revenue 27,313,174,163
Total Assets 34,534,700,996 Operating Expenses 28,299,736,048
Current Liabilities 4,147,354,655 Operating Margin -986,561,885
Long Term Liabilities 12,272,841,461 Other Income 2,845,949,591
Total Equity 17,809,480,024 Other Expense -4,054,940
Total Liabilities and Equity 34,229,676,140 Net Profit or Loss 1,863,442,646

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $24,666 Revenue per Bed $1,333,195 Revenue per Person $2,750
Net Margin per Discharge ($891) Net Margin per Bed ($48,156) Net Margin per Person ($99)
Net Profit per Discharge $1,683 Net Profit per Bed $90,957 Net Profit per Person $188
Net Fixed Assets per Discharge $13,137 Net Fixed Assets per Bed $710,073 Net Fixed Assets per Bed $1,465
Long Term Debt per Discharge $11,083 Long Term Debt per Bed $599,055 Long Term Debt per Person $1,236
Persons per Discharge 0 Persons per Bed 484
Occupancy Rate 64.0 %
Length of Stay 5 Days

State Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 9 Net Fixed Assets 8 Population Estimate 10
Total Revenue 8 Long Term Liabilities 7 Total Patient Discharges 8
Net Margin 55 Total Patient Beds 8
Net Profit or Loss 9

State Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 4,221,296,623 6,976,102,455 0.6051
31 Intensive Care Unit 894,423,685 1,941,380,996 0.4607
32 Coronary Care Unit 138,332,972 365,604,966 0.3784
43 Nursery 148,896,395 298,851,888 0.4982
44 Skilled Nursing Care 129,535,542 140,173,789 0.9241
50 Operating Room 2,188,672,426 8,126,133,234 0.2693
51 Recovery Room 200,502,153 662,966,895 0.3024
52 Labor and Delivery Room 341,261,610 658,864,261 0.5180

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 786,750,542 13 Nursing Administration 309,820,943
02,03 Captial Related - Movable Equipment 648,371,835 14 Central Services and Supply 132,799,772
04 Employee Benefits 1,938,358,875 15 Pharmacy 417,129,218
05 Administrative and General 3,944,515,559 16 Medical Records and Medical Library 278,609,439
06 Maintenance and Repairs 434,590,865 17 Social Services 130,605,693
07 Operation of Plant 587,366,440 18 Other General Service Expense 30,819,780
08,09 Laundry, Linen and Housekeeping 355,682,157 19 Non Physician Anesthetist 750,511
10,11 Dietary and Cafeteria 264,095,936 20,21,22,23 Education Programs 760,559,238
Total General Service Cost Centers 11,020,826,803

State Profile for Michigan - 2014