| COREWELL HEALTH FARMINGTON HILLS HOSPITAL | Hospital POS Number | 230151 |
| 28050 GRAND RIVER | Hospital Control | Nonprofit - Other |
| FARMINGTON HILLS , MI 48336 | Hospital Type | General Short Term |
| Medicare Utilization | Full Util | |
| Hospital Location is Rural | ||
| Total Cost Report Beds 189 | ||
| Cost Report 814500 12/31/2024 for 366 Days | Cost Report Status is Amended | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 3.8 | Patient Occupancy Percent | 88.3% | ||
| Days to Collect in AR | 412.8 Days | Avg Length of Stay (LOS) | 9.3 Days | ||
| Avg AP Payment Days | 19.8 Days | Medicare LOS | 10.9 Days | ||
| Days of Cash in Bank | 0.8 Days | Employee Avg Hourly Wages | $39.53 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $112,870,088 | Total Charges | $2,194,335,309 | ||
| Fixed Assets | $228,313,863 | Contract Allowance | $1,708,487,418; | 77.9% | |
| Other Assets | $44,785,705 | Operating Revenue | $485,847,891 | 22.1% | |
| Total Assets | $385,969,656 | Operating Expenses | $489,758,514 | 100.8% | |
| Current Liabilities | $29,461,240 | Operating Margin | ($3,910,623) | -0.8% | |
| Long Term Liabilities | $30,566,997 | Other Income | $35,085,843 | 7.2% | |
| Total Equity | $325,941,419 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $385,969,656 | Net Profit or Loss | $31,175,220 | 6.4% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $59,049,967 | $191,319,403 | 0.3086 |
| 31 | Intensive Care Unit | $13,030,905 | $50,052,592 | 0.2603 |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $1,075,109 | $1,876,322 | 0.5730 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $17,472,197 | $237,567,029 | 0.0735 |
| 51 | Recovery Room | $6,476,011 | $18,355,586 | 0.3528 |
| 52 | Labor and Delivery Room | $2,612,731 | $7,994,484 | 0.3268 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | ($1,370,380) | 13 | Nursing Administration | $3,819,968 |
| 02,03 | Captial Related - Movable Equipment | $21,890,725 | 14 | Central Services and Supply | $1,443,492 |
| 04 | Employee Benefits | $36,052,047 | 15 | Pharmacy | $5,317,107 |
| 05 | Administrative and General | $44,440,343 | 16 | Medical Records and Medical Library | $2,083,217 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $0 |
| 07 | Operation of Plant | $4,274,366 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $4,161,869 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $2,959,186 | 20,21,22,23 | Education Programs | $22,261,985 |
| Total General Service Cost Centers | $147,333,925 |