State Profile for Minnesota - 2024



State Controls Information

Cost Report Counts Population
Total Hospital Count 139 Total Population on July 31, 2024 5,793,151
Total Cost Reports Filed in 2024 139 Total Births 61,438
Total Cost Reports Submitted 118 Total Deaths 49,658
Total Cost Reports Settled 13 Net Population Natural Change 11,780
Total Cost Reports Reopened 0 Total International Migration 29,540
Total Cost Reports Ammended 8 Total Domestic Migration -1,161
Total Cost Reports Audited 0 Total Residual -56
Net Population Change 40,103

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 9,449,910,559 Total Charges 74,332,910,873
Fixed Assets 9,651,295,915 Contract Allowance 47,137,102,490
Other Assets 7,646,067,949 Operating Revenue 27,195,808,383
Total Assets 26,747,274,423 Operating Expenses 27,310,398,001
Current Liabilities 2,650,135,325 Operating Margin -114,589,618
Long Term Liabilities 5,495,632,084 Other Income 2,155,091,088
Total Equity 18,601,508,014 Other Expense 64,451,745
Total Liabilities and Equity 26,747,275,423 Net Profit or Loss 1,976,049,725

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $57,087 Revenue per Bed $2,993,155 Revenue per Person $4,694
Net Margin per Discharge ($241) Net Margin per Bed ($12,612) Net Margin per Person ($20)
Net Profit per Discharge $4,148 Net Profit per Bed $217,483 Net Profit per Person $341
Net Fixed Assets per Discharge $20,259 Net Fixed Assets per Bed $1,062,216 Net Fixed Assets per Bed $1,666
Long Term Debt per Discharge $11,536 Long Term Debt per Bed $604,846 Long Term Debt per Person $949
Persons per Discharge 0 Persons per Bed 637
Occupancy Rate 64.8 %
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 18 Long Term Liabilities 19 Total Patient Discharges 25
Net Margin 26 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 4,109,808,541 8,759,663,329 0.4692
31 Intensive Care Unit 938,339,471 2,684,252,744 0.3496
32 Coronary Care Unit 168,847,553 676,742,630 0.2495
43 Nursery 132,689,645 274,250,781 0.4838
44 Skilled Nursing Care 283,181,227 271,911,972 1.0414
50 Operating Room 2,087,758,503 8,346,469,675 0.2501
51 Recovery Room 167,535,261 452,691,491 0.3701
52 Labor and Delivery Room 212,163,571 535,440,460 0.3962

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 573,357,954 13 Nursing Administration 378,293,513
02,03 Captial Related - Movable Equipment 294,925,191 14 Central Services and Supply 63,826,762
04 Employee Benefits 1,043,856,690 15 Pharmacy 147,295,863
05 Administrative and General 4,597,874,929 16 Medical Records and Medical Library 220,211,717
06 Maintenance and Repairs 178,091,077 17 Social Services 79,611,116
07 Operation of Plant 373,838,888 18 Other General Service Expense 70,877,982
08,09 Laundry, Linen and Housekeeping 350,259,285 19 Non Physician Anesthetist 13,517,244
10,11 Dietary and Cafeteria 254,144,527 20,21,22,23 Education Programs 262,242,459
Total General Service Cost Centers 8,902,225,197

State Profile for Minnesota - 2024