State Profile for Minnesota - 2023

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State Controls Information

Cost Report Counts Population
Total Hospital Count 137 Total Population on July 31, 2023 5,737,915
Total Cost Reports Filed in 2023 137 Total Births 63,754
Total Cost Reports Submitted 114 Total Deaths 49,911
Total Cost Reports Settled 9 Net Population Natural Change 13,843
Total Cost Reports Reopened 0 Total International Migration 14,575
Total Cost Reports Ammended 14 Total Domestic Migration -4,686
Total Cost Reports Audited 0 Total Residual -117
Net Population Change 23,615

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 9,545,275,206 Total Charges 68,778,361,744
Fixed Assets 9,343,558,490 Contract Allowance 43,038,374,156
Other Assets 7,339,321,533 Operating Revenue 25,739,987,588
Total Assets 26,228,155,229 Operating Expenses 26,238,375,138
Current Liabilities 2,779,653,748 Operating Margin -498,387,550
Long Term Liabilities 5,790,997,009 Other Income 1,914,163,383
Total Equity 17,658,591,065 Other Expense 26,464,139
Total Liabilities and Equity 26,229,241,822 Net Profit or Loss 1,389,311,694

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $55,606 Revenue per Bed $2,889,861 Revenue per Person $4,486
Net Margin per Discharge ($1,077) Net Margin per Bed ($55,955) Net Margin per Person ($87)
Net Profit per Discharge $3,001 Net Profit per Bed $155,980 Net Profit per Person $242
Net Fixed Assets per Discharge $20,185 Net Fixed Assets per Bed $1,049,013 Net Fixed Assets per Bed $1,628
Long Term Debt per Discharge $12,510 Long Term Debt per Bed $650,162 Long Term Debt per Person $1,009
Persons per Discharge 0 Persons per Bed 644
Occupancy Rate 64.6 %
Length of Stay 5 Days

State Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 26 Net Fixed Assets 22 Population Estimate 22
Total Revenue 19 Long Term Liabilities 20 Total Patient Discharges 25
Net Margin 34 Total Patient Beds 27
Net Profit or Loss 20

State Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 3,910,399,921 8,030,233,876 0.4870
31 Intensive Care Unit 893,793,487 2,516,567,987 0.3552
32 Coronary Care Unit 180,069,765 651,394,684 0.2764
43 Nursery 149,700,439 294,157,144 0.5089
44 Skilled Nursing Care 299,488,083 262,244,298 1.1420
50 Operating Room 2,070,841,858 7,728,535,008 0.2679
51 Recovery Room 170,802,399 441,173,043 0.3872
52 Labor and Delivery Room 210,688,751 483,043,775 0.4362

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 539,612,904 13 Nursing Administration 360,627,540
02,03 Captial Related - Movable Equipment 273,132,319 14 Central Services and Supply 71,197,520
04 Employee Benefits 1,037,015,237 15 Pharmacy 148,200,681
05 Administrative and General 4,269,167,103 16 Medical Records and Medical Library 200,093,514
06 Maintenance and Repairs 169,747,106 17 Social Services 74,508,773
07 Operation of Plant 399,072,206 18 Other General Service Expense 81,524,632
08,09 Laundry, Linen and Housekeeping 339,164,789 19 Non Physician Anesthetist 12,394,694
10,11 Dietary and Cafeteria 243,662,766 20,21,22,23 Education Programs 265,969,952
Total General Service Cost Centers 8,485,091,736

State Profile for Minnesota - 2023

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