HENRY FORD HEALTH HOSPITAL | Hospital POS Number | 230053 |
ONE FORD PLACE | Hospital Control | Nonprofit - Other |
DETROIT , MI 48202 | Hospital Type | General Short Term |
WAYNE | Medicare Utilization | Full Util |
Hospital Location is Rural | ||
Total Cost Report Beds 491 | ||
Cost Report 777652 12/31/2023 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 | 79.7% | ||
Days to Collect in AR | 52.7 Days | Avg Length of Stay (LOS) | 6.1 Days | ||
Avg AP Payment Days | 36.1 Days | Medicare LOS | 6.2 Days | ||
Days of Cash in Bank | 24.7 Days | Employee Avg Hourly Wages | $55.40 |
Balance Sheet | Income Statement | ||||
Current Assets | $908,355,995 | Total Charges | $6,803,800,131 | ||
Fixed Assets | $1,099,774,000 | Contract Allowance | $4,226,005,652; | 62.1% | |
Other Assets | $1,491,939,219 | Operating Revenue | $2,577,794,479 | 37.9% | |
Total Assets | $3,500,069,214 | Operating Expenses | $2,829,886,563 | 109.8% | |
Current Liabilities | $622,419,214 | Operating Margin | ($252,092,084) | -9.8% | |
Long Term Liabilities | $1,772,648,258 | Other Income | $185,071,714 | 7.2% | |
Total Equity | $1,105,001,742 | Other Expense | ($1,129,039) | 0.0% | |
Total Liabilities and Equity | $3,500,069,214 | Net Profit or Loss | ($65,891,331) | -2.6% |
Line | Account | Cost | Charges | Ratio |
30 | Adults and Pediatrics - General Routine Care | $171,889,319 | $419,329,298 | 0.4099 |
31 | Intensive Care Unit | $34,102,237 | $96,649,161 | 0.3528 |
32 | Coronary Care Unit | $16,691,947 | $51,792,432 | 0.3223 |
43 | Nursery | $2,846,133 | $7,086,052 | 0.4017 |
44 | Skilled Nursing Care | $0 | $0 | |
50 | Operating Room | $118,018,301 | $475,669,699 | 0.2481 |
51 | Recovery Room | $0 | $0 | |
52 | Labor and Delivery Room | $13,829,771 | $33,025,803 | 0.4188 |
Lines | Description | Amount | Lines | Description | Amount |
01 | Capital Related - Building and Fixtures | $0 | 13 | Nursing Administration | $3,083,465 |
02,03 | Captial Related - Movable Equipment | $1 | 14 | Central Services and Supply | $4,086,730 |
04 | Employee Benefits | $136,764,252 | 15 | Pharmacy | $18,406,872 |
05 | Administrative and General | $312,246,868 | 16 | Medical Records and Medical Library | ($55,162) |
06 | Maintenance and Repairs | $87,034,543 | 17 | Social Services | $4,054,637 |
07 | Operation of Plant | $0 | 18 | Other General Service Expense | $7,624,464 |
08,09 | Laundry, Linen and Housekeeping | $5,009,117 | 19 | Non Physician Anesthetist | $0 |
10,11 | Dietary and Cafeteria | $5,742,751 | 20,21,22,23 | Education Programs | $88,687,997 |
Total General Service Cost Centers | $672,686,535 |