State Profile for Michigan - 2022



State Controls Information

Cost Report Counts Population
Total Hospital Count 159 Total Population on July 31, 2022 10,034,113
Total Cost Reports Filed in 2022 159 Total Births 105,157
Total Cost Reports Submitted 118 Total Deaths 117,639
Total Cost Reports Settled 11 Net Population Natural Change -12,482
Total Cost Reports Reopened 0 Total International Migration 18,812
Total Cost Reports Ammended 30 Total Domestic Migration -8,482
Total Cost Reports Audited 0 Total Residual -1,239
Net Population Change -3,391

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 18,262,364,486 Total Charges 123,587,938,165
Fixed Assets 16,907,127,514 Contract Allowance 84,493,174,849
Other Assets 14,081,080,828 Operating Revenue 39,094,763,316
Total Assets 49,250,572,828 Operating Expenses 40,925,756,136
Current Liabilities 9,562,831,103 Operating Margin -1,830,992,820
Long Term Liabilities 13,985,260,409 Other Income 1,846,030,438
Total Equity 25,702,216,317 Other Expense 69,232,639
Total Liabilities and Equity 49,250,307,829 Net Profit or Loss -54,195,021

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $40,364 Revenue per Bed $1,995,955 Revenue per Person $3,896
Net Margin per Discharge ($1,890) Net Margin per Bed ($93,480) Net Margin per Person ($182)
Net Profit per Discharge ($56) Net Profit per Bed ($2,767) Net Profit per Person ($5)
Net Fixed Assets per Discharge $17,456 Net Fixed Assets per Bed $863,181 Net Fixed Assets per Bed $1,685
Long Term Debt per Discharge $14,439 Long Term Debt per Bed $714,007 Long Term Debt per Person $1,394
Persons per Discharge 0 Persons per Bed 512
Occupancy Rate 67.4 %
Length of Stay 6 Days

State Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 11 Net Fixed Assets 11 Population Estimate 10
Total Revenue 8 Long Term Liabilities 10 Total Patient Discharges 9
Net Margin 52 Total Patient Beds 8
Net Profit or Loss 43

State Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 5,692,802,024 12,154,933,387 0.4684
31 Intensive Care Unit 1,332,427,684 3,416,266,145 0.3900
32 Coronary Care Unit 174,775,438 461,963,893 0.3783
43 Nursery 186,396,849 502,587,917 0.3709
44 Skilled Nursing Care 147,599,095 128,221,826 1.1511
50 Operating Room 2,825,107,408 14,548,031,867 0.1942
51 Recovery Room 313,334,318 1,295,300,612 0.2419
52 Labor and Delivery Room 495,237,834 993,744,248 0.4984

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 905,557,885 13 Nursing Administration 494,992,309
02,03 Captial Related - Movable Equipment 739,684,689 14 Central Services and Supply 231,107,591
04 Employee Benefits 2,284,157,747 15 Pharmacy 574,217,107
05 Administrative and General 5,676,915,352 16 Medical Records and Medical Library 175,856,717
06 Maintenance and Repairs 600,062,855 17 Social Services 146,475,865
07 Operation of Plant 599,921,938 18 Other General Service Expense 44,137,300
08,09 Laundry, Linen and Housekeeping 486,844,203 19 Non Physician Anesthetist 2,260,255
10,11 Dietary and Cafeteria 323,113,519 20,21,22,23 Education Programs 1,030,855,596
Total General Service Cost Centers 14,316,160,928

State Profile for Michigan - 2022