MYMICHIGAN MEDICAL CENTER-SAULT | Hospital POS Number | 230239 |
500 OSBORNE BOULEVARD | Hospital Control | Nonprofit - Other |
SAULT STE. MARIE , MI 49783 | Hospital Type | General Short Term |
CHIPPEWA | Medicare Utilization | Full Util |
Hospital Location is Rural | ||
Total Cost Report Beds 43 | ||
Cost Report 751489 6/30/2023 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 | 50.4% | ||
Days to Collect in AR | 228.7 Days | Avg Length of Stay (LOS) | 4.5 Days | ||
Avg AP Payment Days | 21.7 Days | Medicare LOS | 5.0 Days | ||
Days of Cash in Bank | 9.9 Days | Employee Avg Hourly Wages | $35.25 |
Balance Sheet | Income Statement | ||||
Current Assets | $18,244,556 | Total Charges | $316,022,034 | ||
Fixed Assets | $48,656,003 | Contract Allowance | $192,821,101; | 61.0% | |
Other Assets | $34,668,891 | Operating Revenue | $123,200,933 | 39.0% | |
Total Assets | $101,569,450 | Operating Expenses | $134,060,879 | 108.8% | |
Current Liabilities | $11,788,798 | Operating Margin | ($10,859,946) | -8.8% | |
Long Term Liabilities | $15,755,431 | Other Income | $9,290,938 | 7.5% | |
Total Equity | $74,025,221 | Other Expense | $0 | 0.0% | |
Total Liabilities and Equity | $101,569,450 | Net Profit or Loss | ($1,569,008) | -1.3% |
Line | Account | Cost | Charges | Ratio |
30 | Adults and Pediatrics - General Routine Care | $10,000,049 | $10,307,364 | 0.9702 |
31 | Intensive Care Unit | $2,509,975 | $2,660,425 | 0.9434 |
32 | Coronary Care Unit | $0 | $0 | |
43 | Nursery | $629,453 | $617,557 | 1.0193 |
44 | Skilled Nursing Care | $6,580,912 | $5,058,652 | 1.3009 |
50 | Operating Room | $7,075,098 | $16,216,796 | 0.4363 |
51 | Recovery Room | $1,089,220 | $3,103,387 | 0.3510 |
52 | Labor and Delivery Room | $0 | $0 |
Lines | Description | Amount | Lines | Description | Amount |
01 | Capital Related - Building and Fixtures | $2,259,720 | 13 | Nursing Administration | $916,524 |
02,03 | Captial Related - Movable Equipment | $2,649,941 | 14 | Central Services and Supply | $0 |
04 | Employee Benefits | $8,341,030 | 15 | Pharmacy | $0 |
05 | Administrative and General | $20,224,571 | 16 | Medical Records and Medical Library | $1,570,544 |
06 | Maintenance and Repairs | $0 | 17 | Social Services | $466,690 |
07 | Operation of Plant | $3,430,955 | 18 | Other General Service Expense | $0 |
08,09 | Laundry, Linen and Housekeeping | $1,188,321 | 19 | Non Physician Anesthetist | $0 |
10,11 | Dietary and Cafeteria | $1,841,954 | 20,21,22,23 | Education Programs | $0 |
Total General Service Cost Centers | $42,890,250 |