State Profile for Michigan - 2023



State Controls Information

Cost Report Counts Population
Total Hospital Count 160 Total Population on July 31, 2023 10,037,261
Total Cost Reports Filed in 2023 160 Total Births 101,911
Total Cost Reports Submitted 144 Total Deaths 105,941
Total Cost Reports Settled 7 Net Population Natural Change -4,030
Total Cost Reports Reopened 0 Total International Migration 22,817
Total Cost Reports Ammended 9 Total Domestic Migration -15,051
Total Cost Reports Audited 0 Total Residual 244
Net Population Change 3,980

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 17,660,265,808 Total Charges 129,036,834,824
Fixed Assets 17,391,936,002 Contract Allowance 89,572,852,282
Other Assets 14,552,352,610 Operating Revenue 39,463,982,542
Total Assets 49,604,554,420 Operating Expenses 41,389,232,557
Current Liabilities 9,789,739,985 Operating Margin -1,925,250,015
Long Term Liabilities 15,175,927,125 Other Income 2,377,951,132
Total Equity 24,613,784,637 Other Expense 133,385,026
Total Liabilities and Equity 49,579,451,747 Net Profit or Loss 319,316,091

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $41,347 Revenue per Bed $2,049,758 Revenue per Person $3,932
Net Margin per Discharge ($2,017) Net Margin per Bed ($99,997) Net Margin per Person ($192)
Net Profit per Discharge $335 Net Profit per Bed $16,585 Net Profit per Person $32
Net Fixed Assets per Discharge $18,222 Net Fixed Assets per Bed $903,336 Net Fixed Assets per Bed $1,733
Long Term Debt per Discharge $15,900 Long Term Debt per Bed $788,237 Long Term Debt per Person $1,512
Persons per Discharge 0 Persons per Bed 521
Occupancy Rate 67.1 %
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 9 Long Term Liabilities 9 Total Patient Discharges 10
Net Margin 54 Total Patient Beds 9
Net Profit or Loss 33

State Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 5,463,800,361 11,994,980,554 0.4555
31 Intensive Care Unit 1,297,839,000 3,526,637,759 0.3680
32 Coronary Care Unit 123,539,720 394,567,094 0.3131
43 Nursery 172,114,817 502,327,638 0.3426
44 Skilled Nursing Care 150,877,227 124,562,232 1.2113
50 Operating Room 2,843,686,931 15,410,636,850 0.1845
51 Recovery Room 324,103,322 1,411,931,324 0.2295
52 Labor and Delivery Room 484,992,488 1,024,283,314 0.4735

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 896,970,324 13 Nursing Administration 477,649,221
02,03 Captial Related - Movable Equipment 727,973,890 14 Central Services and Supply 136,222,326
04 Employee Benefits 2,063,214,531 15 Pharmacy 540,538,779
05 Administrative and General 5,945,052,969 16 Medical Records and Medical Library 170,889,646
06 Maintenance and Repairs 613,687,269 17 Social Services 160,584,829
07 Operation of Plant 576,010,858 18 Other General Service Expense 15,958,407
08,09 Laundry, Linen and Housekeeping 484,029,359 19 Non Physician Anesthetist 1,263,127
10,11 Dietary and Cafeteria 334,012,623 20,21,22,23 Education Programs 1,052,013,949
Total General Service Cost Centers 14,196,072,107

State Profile for Michigan - 2023