State Profile for Minnesota - 2023

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State Controls Information

Cost Report Counts Population
Total Hospital Count 138 Total Population on July 31, 2023 5,753,048
Total Cost Reports Filed in 2023 138 Total Births 63,128
Total Cost Reports Submitted 52 Total Deaths 49,940
Total Cost Reports Settled 61 Net Population Natural Change 13,188
Total Cost Reports Reopened 0 Total International Migration 24,328
Total Cost Reports Ammended 24 Total Domestic Migration -5,334
Total Cost Reports Audited 1 Total Residual -755
Net Population Change 31,427

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 9,545,758,549 Total Charges 68,777,580,046
Fixed Assets 9,343,719,986 Contract Allowance 43,038,546,112
Other Assets 7,338,305,095 Operating Revenue 25,739,033,934
Total Assets 26,227,783,630 Operating Expenses 26,238,766,268
Current Liabilities 2,780,000,782 Operating Margin -499,732,334
Long Term Liabilities 5,789,546,575 Other Income 1,916,239,962
Total Equity 17,659,322,866 Other Expense 26,464,139
Total Liabilities and Equity 26,228,870,223 Net Profit or Loss 1,390,043,489

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $55,604 Revenue per Bed $2,889,753 Revenue per Person $4,474
Net Margin per Discharge ($1,080) Net Margin per Bed ($56,106) Net Margin per Person ($87)
Net Profit per Discharge $3,003 Net Profit per Bed $156,062 Net Profit per Person $242
Net Fixed Assets per Discharge $20,185 Net Fixed Assets per Bed $1,049,031 Net Fixed Assets per Bed $1,624
Long Term Debt per Discharge $12,507 Long Term Debt per Bed $650,000 Long Term Debt per Person $1,006
Persons per Discharge 0 Persons per Bed 645
Occupancy Rate 64.7 %
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 33 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 3,917,711,978 8,033,233,710 0.4877
31 Intensive Care Unit 895,814,484 2,516,567,987 0.3560
32 Coronary Care Unit 180,063,898 651,394,684 0.2764
43 Nursery 149,774,393 294,157,144 0.5092
44 Skilled Nursing Care 299,394,865 262,244,298 1.1417
50 Operating Room 2,070,987,692 7,728,608,814 0.2680
51 Recovery Room 171,120,493 441,173,043 0.3879
52 Labor and Delivery Room 210,515,385 483,043,775 0.4358

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 539,694,327 13 Nursing Administration 324,564,624
02,03 Captial Related - Movable Equipment 273,110,151 14 Central Services and Supply 72,924,423
04 Employee Benefits 1,036,899,644 15 Pharmacy 148,190,253
05 Administrative and General 4,267,225,911 16 Medical Records and Medical Library 200,091,171
06 Maintenance and Repairs 169,742,361 17 Social Services 74,507,636
07 Operation of Plant 399,286,561 18 Other General Service Expense 81,524,632
08,09 Laundry, Linen and Housekeeping 339,109,131 19 Non Physician Anesthetist 12,394,694
10,11 Dietary and Cafeteria 243,594,814 20,21,22,23 Education Programs 265,863,948
Total General Service Cost Centers 8,448,724,281

State Profile for Minnesota - 2023

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