State Profile for Michigan - 2022



State Controls Information

Cost Report Counts Population
Total Hospital Count 160 Total Population on July 31, 2022 10,033,281
Total Cost Reports Filed in 2022 162 Total Births 104,411
Total Cost Reports Submitted 60 Total Deaths 117,927
Total Cost Reports Settled 68 Net Population Natural Change -13,516
Total Cost Reports Reopened 0 Total International Migration 18,766
Total Cost Reports Ammended 34 Total Domestic Migration -8,588
Total Cost Reports Audited 0 Total Residual -1,498
Net Population Change -4,836

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 18,263,481,304 Total Charges 123,610,379,384
Fixed Assets 16,907,478,852 Contract Allowance 84,504,027,554
Other Assets 14,080,682,547 Operating Revenue 39,106,351,830
Total Assets 49,251,642,703 Operating Expenses 40,938,041,731
Current Liabilities 9,564,816,824 Operating Margin -1,831,689,901
Long Term Liabilities 13,985,418,975 Other Income 1,849,548,599
Total Equity 25,701,406,905 Other Expense 69,234,024
Total Liabilities and Equity 49,251,642,704 Net Profit or Loss -51,375,326

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $40,393 Revenue per Bed $2,001,144 Revenue per Person $3,898
Net Margin per Discharge ($1,892) Net Margin per Bed ($93,731) Net Margin per Person ($183)
Net Profit per Discharge ($53) Net Profit per Bed ($2,629) Net Profit per Person ($5)
Net Fixed Assets per Discharge $17,464 Net Fixed Assets per Bed $865,187 Net Fixed Assets per Bed $1,685
Long Term Debt per Discharge $14,445 Long Term Debt per Bed $715,660 Long Term Debt per Person $1,394
Persons per Discharge 0 Persons per Bed 513
Occupancy Rate 67.5 %
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 51 Total Patient Beds 8
Net Profit or Loss 42

State Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 5,694,064,931 12,155,706,114 0.4684
31 Intensive Care Unit 1,332,283,382 3,416,407,899 0.3900
32 Coronary Care Unit 174,775,438 461,963,893 0.3783
43 Nursery 186,402,903 502,587,917 0.3709
44 Skilled Nursing Care 147,593,774 128,221,826 1.1511
50 Operating Room 2,825,795,978 14,549,734,724 0.1942
51 Recovery Room 313,331,136 1,295,300,612 0.2419
52 Labor and Delivery Room 495,233,143 993,744,248 0.4984

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 905,910,218 13 Nursing Administration 495,099,730
02,03 Captial Related - Movable Equipment 739,835,667 14 Central Services and Supply 231,273,231
04 Employee Benefits 2,286,239,379 15 Pharmacy 574,284,945
05 Administrative and General 5,676,738,382 16 Medical Records and Medical Library 176,733,354
06 Maintenance and Repairs 600,062,855 17 Social Services 146,497,388
07 Operation of Plant 600,215,809 18 Other General Service Expense 44,137,300
08,09 Laundry, Linen and Housekeeping 487,007,587 19 Non Physician Anesthetist 2,555,693
10,11 Dietary and Cafeteria 323,270,892 20,21,22,23 Education Programs 1,031,263,146
Total General Service Cost Centers 14,321,125,576

State Profile for Michigan - 2022