| 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 767681 9/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 1.5 | Patient Occupancy Percent | 71.9% | ||
| Days to Collect in AR | 95.8 Days | Avg Length of Stay (LOS) | 6.7 Days | ||
| Avg AP Payment Days | 21.0 Days | Medicare LOS | 7.7 Days | ||
| Days of Cash in Bank | 5.5 Days | Employee Avg Hourly Wages | $24.43 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $18,212,823 | Total Charges | $62,426,881 | ||
| Fixed Assets | $906,909 | Contract Allowance | $30,228,831; | 48.4% | |
| Other Assets | $320,425 | Operating Revenue | $32,198,050 | 51.6% | |
| Total Assets | $19,440,157 | Operating Expenses | $30,431,256 | 94.5% | |
| Current Liabilities | $11,774,966 | Operating Margin | $1,766,794 | 5.5% | |
| Long Term Liabilities | $199,621 | Other Income | $852,524 | 2.6% | |
| Total Equity | $7,465,570 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $19,440,157 | Net Profit or Loss | $2,619,318 | 8.1% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $24,393,353 | $47,411,149 | 0.5145 |
| 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 | $2,411,071 | 13 | Nursing Administration | $778,719 |
| 02,03 | Captial Related - Movable Equipment | $1,305,525 | 14 | Central Services and Supply | $0 |
| 04 | Employee Benefits | $2,214,699 | 15 | Pharmacy | $357,964 |
| 05 | Administrative and General | $11,392,527 | 16 | Medical Records and Medical Library | $240,505 |
| 06 | Maintenance and Repairs | $594,131 | 17 | Social Services | $385,063 |
| 07 | Operation of Plant | $354,382 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $690,350 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $1,080,184 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $21,805,120 |