| COREWELL HEALTH GRAND RAPIDS HOSPITALS BUTTERWORTH | Hospital POS Number | 230038 |
| 100 MICHIGAN NE | Hospital Control | Nonprofit - Other |
| GRAND RAPIDS , MI 49503 | Hospital Type | General Short Term |
| KENT | Medicare Utilization | Full Util |
| Hospital Location is Urban | ||
| Total Cost Report Beds 875 | ||
| Cost Report 811632 12/31/2024 for 366 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 4.1 | Patient Occupancy Percent | 80.1% | ||
| Days to Collect in AR | 226.4 Days | Avg Length of Stay (LOS) | 5.6 Days | ||
| Avg AP Payment Days | 18.9 Days | Medicare LOS | 5.5 Days | ||
| Days of Cash in Bank | 0.3 Days | Employee Avg Hourly Wages | $37.43 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $597,998,267 | Total Charges | $7,243,171,417 | ||
| Fixed Assets | $1,409,580,895 | Contract Allowance | $4,084,082,147; | 56.4% | |
| Other Assets | $327,291,942 | Operating Revenue | $3,159,089,270 | 43.6% | |
| Total Assets | $2,334,871,104 | Operating Expenses | $2,699,880,138 | 85.5% | |
| Current Liabilities | $146,151,928 | Operating Margin | $459,209,132 | 14.5% | |
| Long Term Liabilities | $98,294,880 | Other Income | $66,195,027 | 2.1% | |
| Total Equity | $2,090,424,296 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $2,334,871,104 | Net Profit or Loss | $525,404,159 | 16.6% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $290,401,655 | $676,580,206 | 0.4292 |
| 31 | Intensive Care Unit | $150,949,080 | $451,704,309 | 0.3342 |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $27,210,543 | $172,174,871 | 0.1580 |
| 44 | Skilled Nursing Care | $25,513,176 | $20,215,757 | 1.2620 |
| 50 | Operating Room | $163,429,571 | $932,831,131 | 0.1752 |
| 51 | Recovery Room | $36,050,122 | $66,953,797 | 0.5384 |
| 52 | Labor and Delivery Room | $41,399,248 | $79,692,379 | 0.5195 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $63,283,939 | 13 | Nursing Administration | $44,597,615 |
| 02,03 | Captial Related - Movable Equipment | $61,852,347 | 14 | Central Services and Supply | $5,782,521 |
| 04 | Employee Benefits | $247,277,987 | 15 | Pharmacy | $25,048,646 |
| 05 | Administrative and General | $402,770,025 | 16 | Medical Records and Medical Library | $4,823,217 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $4,568,603 |
| 07 | Operation of Plant | $12,508,990 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $28,024,353 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $9,927,205 | 20,21,22,23 | Education Programs | $38,230,360 |
| Total General Service Cost Centers | $948,695,808 |