Hospital Profile -


Provider Information

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 794391 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 1.5 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

Financial Statements - Worksheet G

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%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $170,440,594 $419,329,298 0.4065
31 Intensive Care Unit $34,184,796 $96,649,161 0.3537
32 Coronary Care Unit $16,731,624 $51,792,432 0.3231
43 Nursery $2,853,184 $7,086,052 0.4026
44 Skilled Nursing Care $0 $0
50 Operating Room $118,192,509 $475,669,699 0.2485
51 Recovery Room $0 $0
52 Labor and Delivery Room $13,864,558 $33,025,803 0.4198

General Service Cost - Worksheet A

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 $18,408,080
05 Administrative and General $311,600,751 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 $7,292,742
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 $671,709,904

Hospital Profile -