| ADCARE HOSPITAL OF WORCESTER INC | Hospital POS Number | 220062 |
| 107 LINCOLN STREET | Hospital Control | Proprietary - Corporation |
| WORCESTER , MA 01605 | Hospital Type | General Short Term |
| WORCESTER | Medicare Utilization | Full Util |
| Hospital Location is Urban | ||
| Total Cost Report Beds 114 | ||
| Cost Report 799520 9/30/2024 for 366 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 0.5 | Patient Occupancy Percent | 86.3% | ||
| Days to Collect in AR | 103.6 Days | Avg Length of Stay (LOS) | 6.8 Days | ||
| Avg AP Payment Days | 28.8 Days | Medicare LOS | 7.6 Days | ||
| Days of Cash in Bank | 0.6 Days | Employee Avg Hourly Wages | $23.47 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $3,753,558 | Total Charges | $66,146,600 | ||
| Fixed Assets | $730,547 | Contract Allowance | $27,618,864; | 41.8% | |
| Other Assets | $574,988 | Operating Revenue | $38,527,736 | 58.2% | |
| Total Assets | $5,059,093 | Operating Expenses | $32,503,132 | 84.4% | |
| Current Liabilities | $6,836,477 | Operating Margin | $6,024,604 | 15.6% | |
| Long Term Liabilities | $83,120 | Other Income | $745,152 | 1.9% | |
| Total Equity | ($1,860,504) | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $5,059,093 | Net Profit or Loss | $6,769,756 | 17.6% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $29,522,721 | $56,650,314 | 0.5211 |
| 31 | Intensive Care Unit | $0 | $0 | |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $0 | $0 | |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $0 | $0 | |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $0 | $0 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $1,463,781 | 13 | Nursing Administration | $496,945 |
| 02,03 | Captial Related - Movable Equipment | $1,244,215 | 14 | Central Services and Supply | $0 |
| 04 | Employee Benefits | $901,384 | 15 | Pharmacy | $334,760 |
| 05 | Administrative and General | $13,914,892 | 16 | Medical Records and Medical Library | $219,939 |
| 06 | Maintenance and Repairs | $652,022 | 17 | Social Services | $416,900 |
| 07 | Operation of Plant | $462,579 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $880,421 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $1,439,269 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $22,427,107 |