COREWELL HEALTH WATERVLIET HOSPITAL | Hospital POS Number | 230078 |
400 MEDICAL PARK DRIVE | Hospital Control | Nonprofit - Other |
WATERVLIET , MI 49098 | Hospital Type | General Short Term |
BERRIEN | Medicare Utilization | Full Util |
Hospital Location is Rural | ||
Total Cost Report Beds 26 | ||
Cost Report 756523 6/30/2023 for 181 Days | Cost Report Status is Submitted | Total POS Beds 0 |
Financial KPI's | Operating KPI's | ||||
Current Ratio | 3.5 | Patient Occupancy Percent | 0.2% | ||
Days to Collect in AR | 213.6 Days | Avg Length of Stay (LOS) | 1.6 Days | ||
Avg AP Payment Days | 36.9 Days | Medicare LOS | 1.0 Days | ||
Days of Cash in Bank | 189.8 Days | Employee Avg Hourly Wages | $41.47 |
Balance Sheet | Income Statement | ||||
Current Assets | $30,940,710 | Total Charges | $69,288,973 | ||
Fixed Assets | $18,256,248 | Contract Allowance | $45,550,617; | 65.7% | |
Other Assets | $2,099,213 | Operating Revenue | $23,738,356 | 34.3% | |
Total Assets | $51,296,171 | Operating Expenses | $22,778,597 | 96.0% | |
Current Liabilities | $8,806,984 | Operating Margin | $959,759 | 4.0% | |
Long Term Liabilities | $7,171 | Other Income | $154,907 | 0.7% | |
Total Equity | $42,482,016 | Other Expense | $0 | 0.0% | |
Total Liabilities and Equity | $51,296,171 | Net Profit or Loss | $1,114,666 | 4.7% |
Line | Account | Cost | Charges | Ratio |
30 | Adults and Pediatrics - General Routine Care | $436,611 | $22,830 | 19.1244 |
31 | Intensive Care Unit | $0 | $0 | |
32 | Coronary Care Unit | $0 | $0 | |
43 | Nursery | $0 | $0 | |
44 | Skilled Nursing Care | $0 | $0 | |
50 | Operating Room | $986,687 | $5,305,352 | 0.1860 |
51 | Recovery Room | $0 | $0 | |
52 | Labor and Delivery Room | $0 | $0 |
Lines | Description | Amount | Lines | Description | Amount |
01 | Capital Related - Building and Fixtures | $627,318 | 13 | Nursing Administration | $316,207 |
02,03 | Captial Related - Movable Equipment | $706,403 | 14 | Central Services and Supply | $105,808 |
04 | Employee Benefits | $2,713,751 | 15 | Pharmacy | $1,643,179 |
05 | Administrative and General | $4,027,104 | 16 | Medical Records and Medical Library | $56,029 |
06 | Maintenance and Repairs | $0 | 17 | Social Services | $85,361 |
07 | Operation of Plant | $434,161 | 18 | Other General Service Expense | $0 |
08,09 | Laundry, Linen and Housekeeping | $357,998 | 19 | Non Physician Anesthetist | $0 |
10,11 | Dietary and Cafeteria | $293,560 | 20,21,22,23 | Education Programs | $0 |
Total General Service Cost Centers | $11,366,879 |