| CHELSEA HOSPITAL | Hospital POS Number | 230259 |
| 775 SOUTH MAIN STREET | Hospital Control | Nonprofit - Church |
| CHELSEA , MI 48118 | Hospital Type | General Short Term |
| WASHTENAW | Medicare Utilization | Full Util |
| Hospital Location is Urban | ||
| Total Cost Report Beds 73 | ||
| Cost Report 758495 6/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 2.0 | Patient Occupancy Percent | 47.1% | ||
| Days to Collect in AR | 236.5 Days | Avg Length of Stay (LOS) | 3.5 Days | ||
| Avg AP Payment Days | 65.1 Days | Medicare LOS | 3.8 Days | ||
| Days of Cash in Bank | 1.7 Days | Employee Avg Hourly Wages | $41.70 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $72,126,907 | Total Charges | $701,550,480 | ||
| Fixed Assets | $89,448,038 | Contract Allowance | $513,714,785; | 73.2% | |
| Other Assets | $4,925,026 | Operating Revenue | $187,835,695 | 26.8% | |
| Total Assets | $166,499,971 | Operating Expenses | $189,813,966 | 101.1% | |
| Current Liabilities | $35,687,396 | Operating Margin | ($1,978,271) | -1.1% | |
| Long Term Liabilities | $2,154,964 | Other Income | $10,584,417 | 5.6% | |
| Total Equity | $128,657,611 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $166,499,971 | Net Profit or Loss | $8,606,146 | 4.6% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $16,421,397 | $31,156,043 | 0.5271 |
| 31 | Intensive Care Unit | $2,508,960 | $3,768,885 | 0.6657 |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $0 | $0 | |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $27,672,880 | $161,498,310 | 0.1714 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $0 | $0 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $3,535,287 | 13 | Nursing Administration | $1,745,107 |
| 02,03 | Captial Related - Movable Equipment | $0 | 14 | Central Services and Supply | $887,999 |
| 04 | Employee Benefits | $155,678 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $20,034,337 | 16 | Medical Records and Medical Library | $2,593,206 |
| 06 | Maintenance and Repairs | $1,758,386 | 17 | Social Services | $226,255 |
| 07 | Operation of Plant | $3,996,793 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $2,257,352 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $1,777,320 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $38,967,720 |