Hospital Profile -


Provider Information

COREWELL HEALTH WAYNE HOSPITAL Hospital POS Number 230142
33155 ANNAPOLIS AVENUE Hospital Control Nonprofit - Other
WAYNE , MI 48184 Hospital Type General Short Term
Medicare Utilization Full Util
Hospital Location is Urban
Total Cost Report Beds 85
Cost Report 823308 6/30/2024 for 366 Days Cost Report Status is Submitted Total POS Beds 0

Key Performance Indicators (KPI)

Financial KPI's Operating KPI's
Current Ratio 10.0 Patient Occupancy Percent 87.6%
Days to Collect in AR 100.5 Days Avg Length of Stay (LOS) 4.9 Days
Avg AP Payment Days 0.0 Days Medicare LOS 5.9 Days
Days of Cash in Bank 25.2 Days Employee Avg Hourly Wages $44.01

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $75,761,982 Total Charges $919,719,714
Fixed Assets $63,141,882 Contract Allowance $725,090,970; 78.8%
Other Assets $0 Operating Revenue $194,628,744 21.2%
Total Assets $138,903,864 Operating Expenses $201,127,998 103.3%
Current Liabilities $7,570,421 Operating Margin ($6,499,254) -3.3%
Long Term Liabilities $0 Other Income $1,974,096 1.0%
Total Equity $131,333,443 Other Expense $0 0.0%
Total Liabilities and Equity $138,903,864 Net Profit or Loss ($4,525,158) -2.3%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $36,826,470 $99,303,080 0.3708
31 Intensive Care Unit $7,816,855 $27,620,681 0.2830
32 Coronary Care Unit $0 $0
43 Nursery $1,210,122 $2,206,331 0.5485
44 Skilled Nursing Care $0 $0
50 Operating Room $11,434,273 $76,632,613 0.1492
51 Recovery Room $3,203,893 $19,485,843 0.1644
52 Labor and Delivery Room $2,671,650 $4,792,531 0.5575

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures ($807,755) 13 Nursing Administration $3,879,570
02,03 Captial Related - Movable Equipment $6,439,166 14 Central Services and Supply $1,125,377
04 Employee Benefits $13,413,198 15 Pharmacy ($536,980)
05 Administrative and General $41,756,067 16 Medical Records and Medical Library $0
06 Maintenance and Repairs $0 17 Social Services $458,287
07 Operation of Plant $0 18 Other General Service Expense $0
08,09 Laundry, Linen and Housekeeping $2,337,937 19 Non Physician Anesthetist $0
10,11 Dietary and Cafeteria $1,081,983 20,21,22,23 Education Programs $5,345,288
Total General Service Cost Centers $74,492,138

Hospital Profile -