Hospital Profile -


Provider Information

MIDSTATE MEDICAL CENTER Hospital POS Number 070017
435 LEWIS AVENUE Hospital Control Nonprofit - Other
MERIDEN , CT 06451 Hospital Type General Short Term
Medicare Utilization Full Util
Hospital Location is Rural
Total Cost Report Beds 143
Cost Report 800921 9/30/2023 for 365 Days Cost Report Status is Amended Total POS Beds 0

Key Performance Indicators (KPI)

Financial KPI's Operating KPI's
Current Ratio 2.8 Patient Occupancy Percent 82.9%
Days to Collect in AR 142.7 Days Avg Length of Stay (LOS) 4.7 Days
Avg AP Payment Days 17.3 Days Medicare LOS 4.8 Days
Days of Cash in Bank 12.7 Days Employee Avg Hourly Wages $43.47

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $101,486,390 Total Charges $1,072,129,180
Fixed Assets $111,754,540 Contract Allowance $712,287,226; 66.4%
Other Assets $216,943,576 Operating Revenue $359,841,954 33.6%
Total Assets $430,184,506 Operating Expenses $388,571,226 108.0%
Current Liabilities $36,705,243 Operating Margin ($28,729,272) -8.0%
Long Term Liabilities $105,787,941 Other Income $23,320,843 6.5%
Total Equity $287,691,322 Other Expense $0 0.0%
Total Liabilities and Equity $430,184,506 Net Profit or Loss ($5,408,429) -1.5%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $80,891,925 $232,720,397 0.3476
31 Intensive Care Unit $0 $0
32 Coronary Care Unit $0 $0
43 Nursery $2,234,383 $4,001,712 0.5584
44 Skilled Nursing Care $0 $0
50 Operating Room $91,874,374 $147,740,457 0.6219
51 Recovery Room $4,460,571 $19,730,113 0.2261
52 Labor and Delivery Room $4,786,175 $6,604,832 0.7246

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures $8,208,981 13 Nursing Administration $2,967,463
02,03 Captial Related - Movable Equipment $12,389,638 14 Central Services and Supply $3,137,617
04 Employee Benefits $35,018,766 15 Pharmacy $0
05 Administrative and General $44,722,857 16 Medical Records and Medical Library $219,343
06 Maintenance and Repairs $0 17 Social Services $1,873,387
07 Operation of Plant $10,653,348 18 Other General Service Expense $0
08,09 Laundry, Linen and Housekeeping $4,877,899 19 Non Physician Anesthetist $0
10,11 Dietary and Cafeteria $3,134,786 20,21,22,23 Education Programs $0
Total General Service Cost Centers $127,204,085

Hospital Profile -