State Profile for Michigan - 2018



State Controls Information

Cost Report Counts Population
Total Hospital Count 163 Total Population on July 31, 2018 9,987,286
Total Cost Reports Filed in 2018 167 Total Births 111,032
Total Cost Reports Submitted 1 Total Deaths 98,542
Total Cost Reports Settled 118 Net Population Natural Change 12,490
Total Cost Reports Reopened 45 Total International Migration 14,012
Total Cost Reports Ammended 0 Total Domestic Migration -15,834
Total Cost Reports Audited 3 Total Residual -134
Net Population Change 10,534

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 10,780,647,756 Total Charges 93,803,501,212
Fixed Assets 14,577,933,724 Contract Allowance 61,968,711,863
Other Assets 10,056,480,576 Operating Revenue 31,834,789,349
Total Assets 35,415,062,056 Operating Expenses 33,714,253,704
Current Liabilities 4,175,858,233 Operating Margin -1,879,464,355
Long Term Liabilities 10,405,040,699 Other Income 2,655,009,922
Total Equity 17,331,772,038 Other Expense 225,916,395
Total Liabilities and Equity 31,912,670,970 Net Profit or Loss 549,629,172

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $28,567 Revenue per Bed $1,537,690 Revenue per Person $3,188
Net Margin per Discharge ($1,687) Net Margin per Bed ($90,782) Net Margin per Person ($188)
Net Profit per Discharge $493 Net Profit per Bed $26,548 Net Profit per Person $55
Net Fixed Assets per Discharge $13,081 Net Fixed Assets per Bed $704,146 Net Fixed Assets per Bed $1,460
Long Term Debt per Discharge $9,337 Long Term Debt per Bed $502,586 Long Term Debt per Person $1,042
Persons per Discharge 0 Persons per Bed 482
Occupancy Rate 64.0 %
Length of Stay 5 Days

State Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 11 Net Fixed Assets 9 Population Estimate 10
Total Revenue 8 Long Term Liabilities 8 Total Patient Discharges 8
Net Margin 58 Total Patient Beds 8
Net Profit or Loss 23

State Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 4,727,267,627 9,436,556,391 0.5010
31 Intensive Care Unit 986,642,945 2,610,874,159 0.3779
32 Coronary Care Unit 147,998,667 481,967,157 0.3071
43 Nursery 169,894,137 387,111,143 0.4389
44 Skilled Nursing Care 154,213,143 145,734,949 1.0582
50 Operating Room 2,489,813,981 10,629,775,351 0.2342
51 Recovery Room 245,102,882 838,938,086 0.2922
52 Labor and Delivery Room 369,755,512 768,932,924 0.4809

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 757,928,582 13 Nursing Administration 394,526,156
02,03 Captial Related - Movable Equipment 627,729,095 14 Central Services and Supply 201,228,475
04 Employee Benefits 1,856,216,555 15 Pharmacy 474,260,387
05 Administrative and General 4,859,376,743 16 Medical Records and Medical Library 243,593,963
06 Maintenance and Repairs 453,290,404 17 Social Services 165,791,896
07 Operation of Plant 589,061,908 18 Other General Service Expense 43,166,055
08,09 Laundry, Linen and Housekeeping 416,822,423 19 Non Physician Anesthetist 1,135,704
10,11 Dietary and Cafeteria 295,697,524 20,21,22,23 Education Programs 896,668,054
Total General Service Cost Centers 12,276,493,924

State Profile for Michigan - 2018