Hospital Profile -


Provider Information

BANNER IRONWOOD MEDICAL CENTER Hospital POS Number 030130
37000 N GANTZEL ROAD Hospital Control Nonprofit - Other
QUEEN CREEK , AZ 85140 Hospital Type General Short Term
Medicare Utilization Full Util
Hospital Location is Urban
Total Cost Report Beds 65
Cost Report 772994 12/31/2023 for 365 Days Cost Report Status is Submitted Total POS Beds 0

Key Performance Indicators (KPI)

Financial KPI's Operating KPI's
Current Ratio 2.9 Patient Occupancy Percent 60.9%
Days to Collect in AR 206.6 Days Avg Length of Stay (LOS) 3.3 Days
Avg AP Payment Days 16.5 Days Medicare LOS 4.5 Days
Days of Cash in Bank 0.0 Days Employee Avg Hourly Wages $42.38

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $25,711,632 Total Charges $534,152,590
Fixed Assets $80,392,441 Contract Allowance $405,916,821; 76.0%
Other Assets $1,229,627 Operating Revenue $128,235,769 24.0%
Total Assets $107,333,700 Operating Expenses $115,387,429 90.0%
Current Liabilities $8,803,930 Operating Margin $12,848,340 10.0%
Long Term Liabilities $92,824,313 Other Income $1,136,107 0.9%
Total Equity $5,705,457 Other Expense $0 0.0%
Total Liabilities and Equity $107,333,700 Net Profit or Loss $13,984,447 10.9%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $15,670,163 $40,262,870 0.3892
31 Intensive Care Unit $8,345,123 $18,787,337 0.4442
32 Coronary Care Unit $0 $0
43 Nursery $3,571,125 $6,807,466 0.5246
44 Skilled Nursing Care $0 $0
50 Operating Room $7,729,797 $60,579,046 0.1276
51 Recovery Room $2,754,114 $9,671,371 0.2848
52 Labor and Delivery Room $7,155,852 $12,063,322 0.5932

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures $5,996,584 13 Nursing Administration $1,806,050
02,03 Captial Related - Movable Equipment $1,895,594 14 Central Services and Supply $1,159,503
04 Employee Benefits $1,127,558 15 Pharmacy $2,453,230
05 Administrative and General $18,357,918 16 Medical Records and Medical Library $0
06 Maintenance and Repairs $1,035,143 17 Social Services $968,172
07 Operation of Plant $3,003,175 18 Other General Service Expense $0
08,09 Laundry, Linen and Housekeeping $1,974,532 19 Non Physician Anesthetist $0
10,11 Dietary and Cafeteria $1,476,742 20,21,22,23 Education Programs $0
Total General Service Cost Centers $41,254,201

Hospital Profile -