State Profile for Michigan - 2023



State Controls Information

Cost Report Counts Population
Total Hospital Count 160 Total Population on July 31, 2023 10,083,356
Total Cost Reports Filed in 2023 160 Total Births 100,976
Total Cost Reports Submitted 52 Total Deaths 106,040
Total Cost Reports Settled 85 Net Population Natural Change -5,064
Total Cost Reports Reopened 1 Total International Migration 55,863
Total Cost Reports Ammended 22 Total Domestic Migration -17,446
Total Cost Reports Audited 0 Total Residual -874
Net Population Change 32,479

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 41,389,232,698
Current Liabilities 9,789,739,985 Operating Margin -1,925,250,156
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 319,315,950

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $41,347 Revenue per Bed $2,053,918 Revenue per Person $3,914
Net Margin per Discharge ($2,017) Net Margin per Bed ($100,200) Net Margin per Person ($191)
Net Profit per Discharge $335 Net Profit per Bed $16,619 Net Profit per Person $32
Net Fixed Assets per Discharge $18,222 Net Fixed Assets per Bed $905,170 Net Fixed Assets per Bed $1,725
Long Term Debt per Discharge $15,900 Long Term Debt per Bed $789,837 Long Term Debt per Person $1,505
Persons per Discharge 0 Persons per Bed 524
Occupancy Rate 67.2 %
Length of Stay 6 Days

State Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 11 Net Fixed Assets 10 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 5,456,683,529 11,992,140,486 0.4550
31 Intensive Care Unit 1,298,130,904 3,526,639,515 0.3681
32 Coronary Care Unit 124,005,560 394,567,094 0.3143
43 Nursery 172,274,380 502,327,638 0.3430
44 Skilled Nursing Care 150,844,777 124,562,232 1.2110
50 Operating Room 2,842,209,525 15,412,392,177 0.1844
51 Recovery Room 324,246,574 1,411,977,996 0.2296
52 Labor and Delivery Room 484,483,114 1,024,283,314 0.4730

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 897,014,309 13 Nursing Administration 478,214,185
02,03 Captial Related - Movable Equipment 727,176,952 14 Central Services and Supply 136,168,536
04 Employee Benefits 2,059,784,462 15 Pharmacy 539,493,927
05 Administrative and General 5,935,739,979 16 Medical Records and Medical Library 170,768,902
06 Maintenance and Repairs 613,632,567 17 Social Services 160,643,017
07 Operation of Plant 577,124,714 18 Other General Service Expense 15,626,685
08,09 Laundry, Linen and Housekeeping 484,041,733 19 Non Physician Anesthetist 1,571,580
10,11 Dietary and Cafeteria 334,012,552 20,21,22,23 Education Programs 1,050,363,397
Total General Service Cost Centers 14,181,377,497

State Profile for Michigan - 2023