| LAWRENCE & MEMORIAL HOSPITAL | Hospital POS Number | 070007 |
| 365 MONTAUK AVENUE | Hospital Control | Nonprofit - Other |
| NEW LONDON , CT 06320 | Hospital Type | General Short Term |
| NEW LONDON | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 203 | ||
| Cost Report 795407 9/30/2023 for 365 Days | Cost Report Status is Amended | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 2.1 | Patient Occupancy Percent | 74.4% | ||
| Days to Collect in AR | 110.2 Days | Avg Length of Stay (LOS) | 5.3 Days | ||
| Avg AP Payment Days | 34.2 Days | Medicare LOS | 6.2 Days | ||
| Days of Cash in Bank | 9.8 Days | Employee Avg Hourly Wages | $45.36 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $182,819,841 | Total Charges | $1,401,695,306 | ||
| Fixed Assets | $0 | Contract Allowance | $950,133,572; | 67.8% | |
| Other Assets | $0 | Operating Revenue | $451,561,734 | 32.2% | |
| Total Assets | $182,819,841 | Operating Expenses | $468,963,139 | 103.9% | |
| Current Liabilities | $85,457,656 | Operating Margin | ($17,401,405) | -3.9% | |
| Long Term Liabilities | $3,550,000 | Other Income | $22,407,040 | 5.0% | |
| Total Equity | $93,812,185 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $182,819,841 | Net Profit or Loss | $5,005,635 | 1.1% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $80,725,763 | $120,168,032 | 0.6718 |
| 31 | Intensive Care Unit | $13,293,209 | $21,306,697 | 0.6239 |
| 32 | Coronary Care Unit | $7,962,892 | $11,492,157 | 0.6929 |
| 43 | Nursery | $2,761,477 | $4,789,094 | 0.5766 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $32,805,793 | $76,584,470 | 0.4284 |
| 51 | Recovery Room | $2,900,336 | $26,579,603 | 0.1091 |
| 52 | Labor and Delivery Room | $8,962,553 | $15,347,771 | 0.5840 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $5,590,450 | 13 | Nursing Administration | $3,203,861 |
| 02,03 | Captial Related - Movable Equipment | $9,859,318 | 14 | Central Services and Supply | $333,211 |
| 04 | Employee Benefits | $49,918,758 | 15 | Pharmacy | $38,752,853 |
| 05 | Administrative and General | $91,376,797 | 16 | Medical Records and Medical Library | $2,488,151 |
| 06 | Maintenance and Repairs | $5,439,801 | 17 | Social Services | $3,907,241 |
| 07 | Operation of Plant | $9,631,969 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $5,081,972 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $5,829,879 | 20,21,22,23 | Education Programs | $352,821 |
| Total General Service Cost Centers | $231,767,082 |