Hospital Profile -


Provider Information

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 883
Cost Report 785552 12/31/2023 for 365 Days Cost Report Status is Amended Total POS Beds 0

Key Performance Indicators (KPI)

Financial KPI's Operating KPI's
Current Ratio 1.2 Patient Occupancy Percent 77.4%
Days to Collect in AR 199.3 Days Avg Length of Stay (LOS) 5.7 Days
Avg AP Payment Days 21.6 Days Medicare LOS 5.7 Days
Days of Cash in Bank 0.4 Days Employee Avg Hourly Wages $35.67

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $559,741,277 Total Charges $6,489,706,125
Fixed Assets $1,378,847,332 Contract Allowance $3,738,675,356; 57.6%
Other Assets $280,760,736 Operating Revenue $2,751,030,769 42.4%
Total Assets $2,219,349,345 Operating Expenses $2,705,601,128 98.3%
Current Liabilities $452,815,536 Operating Margin $45,429,641 1.7%
Long Term Liabilities $444,030,126 Other Income $73,013,675 2.7%
Total Equity $1,322,503,683 Other Expense $0 0.0%
Total Liabilities and Equity $2,219,349,345 Net Profit or Loss $118,443,316 4.3%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $279,984,664 $689,771,945 0.4059
31 Intensive Care Unit $134,600,413 $395,105,057 0.3407
32 Coronary Care Unit $0 $0
43 Nursery $25,572,473 $157,946,157 0.1619
44 Skilled Nursing Care $25,281,155 $22,832,394 1.1072
50 Operating Room $166,450,373 $847,177,592 0.1965
51 Recovery Room $34,452,405 $61,315,837 0.5619
52 Labor and Delivery Room $37,273,220 $75,219,287 0.4955

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures $67,059,312 13 Nursing Administration $39,115,864
02,03 Captial Related - Movable Equipment $86,828,922 14 Central Services and Supply $11,704,703
04 Employee Benefits $228,999,349 15 Pharmacy $30,056,584
05 Administrative and General $350,268,876 16 Medical Records and Medical Library $5,639,391
06 Maintenance and Repairs $0 17 Social Services $4,948,055
07 Operation of Plant $10,757,947 18 Other General Service Expense $0
08,09 Laundry, Linen and Housekeeping $26,377,580 19 Non Physician Anesthetist $0
10,11 Dietary and Cafeteria $10,470,996 20,21,22,23 Education Programs $35,124,208
Total General Service Cost Centers $907,351,787

Hospital Profile -