MYMICHIGAN MEDICAL CENTER ALPENA | Hospital POS Number | 230036 |
1501 W CHISHOLM | Hospital Control | Nonprofit - Other |
ALPENA , MI 49707 | Hospital Type | General Short Term |
ALPENA | Medicare Utilization | Full Util |
Hospital Location is Urban | ||
Total Cost Report Beds 119 | ||
Cost Report 753538 6/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
Financial KPI's | Operating KPI's | ||||
Current Ratio | 3.9 | Patient Occupancy Percent | 33.2% | ||
Days to Collect in AR | 103.1 Days | Avg Length of Stay (LOS) | 4.1 Days | ||
Avg AP Payment Days | 12.1 Days | Medicare LOS | 3.9 Days | ||
Days of Cash in Bank | 4.2 Days | Employee Avg Hourly Wages | $45.55 |
Balance Sheet | Income Statement | ||||
Current Assets | $35,154,010 | Total Charges | $674,297,381 | ||
Fixed Assets | $116,469,814 | Contract Allowance | $437,055,912; | 64.8% | |
Other Assets | $112,558,059 | Operating Revenue | $237,241,469 | 35.2% | |
Total Assets | $264,181,883 | Operating Expenses | $223,020,038 | 94.0% | |
Current Liabilities | $9,092,793 | Operating Margin | $14,221,431 | 6.0% | |
Long Term Liabilities | $56,470,950 | Other Income | $12,310,135 | 5.2% | |
Total Equity | $198,618,140 | Other Expense | $0 | 0.0% | |
Total Liabilities and Equity | $264,181,883 | Net Profit or Loss | $26,531,566 | 11.2% |
Line | Account | Cost | Charges | Ratio |
30 | Adults and Pediatrics - General Routine Care | $20,514,838 | $24,551,349 | 0.8356 |
31 | Intensive Care Unit | $2,806,882 | $6,150,228 | 0.4564 |
32 | Coronary Care Unit | $0 | $0 | |
43 | Nursery | $578,796 | $1,360,319 | 0.4255 |
44 | Skilled Nursing Care | $0 | $0 | |
50 | Operating Room | $13,141,339 | $41,490,024 | 0.3167 |
51 | Recovery Room | $0 | $0 | |
52 | Labor and Delivery Room | $1,596,230 | $3,823,641 | 0.4175 |
Lines | Description | Amount | Lines | Description | Amount |
01 | Capital Related - Building and Fixtures | $5,650,478 | 13 | Nursing Administration | $1,644,978 |
02,03 | Captial Related - Movable Equipment | $3,500,445 | 14 | Central Services and Supply | $953,940 |
04 | Employee Benefits | $17,404,694 | 15 | Pharmacy | $2,317,564 |
05 | Administrative and General | $24,521,151 | 16 | Medical Records and Medical Library | $519,027 |
06 | Maintenance and Repairs | $3,403,924 | 17 | Social Services | $736,253 |
07 | Operation of Plant | $0 | 18 | Other General Service Expense | $0 |
08,09 | Laundry, Linen and Housekeeping | $2,587,096 | 19 | Non Physician Anesthetist | $0 |
10,11 | Dietary and Cafeteria | $1,426,443 | 20,21,22,23 | Education Programs | $0 |
Total General Service Cost Centers | $64,665,993 |