Hospital Profile -


Provider Information

COREWELL HEALTH TAYLOR HOSPITAL Hospital POS Number 230270
10000 TELEGRAPH RD Hospital Control Nonprofit - Other
TAYLOR , MI 48180 Hospital Type General Short Term
WAYNE Medicare Utilization Full Util
Hospital Location is Urban
Total Cost Report Beds 83
Cost Report 823313 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 12.6 Patient Occupancy Percent 79.2%
Days to Collect in AR 107.7 Days Avg Length of Stay (LOS) 5.0 Days
Avg AP Payment Days -0.6 Days Medicare LOS 4.9 Days
Days of Cash in Bank 33.3 Days Employee Avg Hourly Wages $38.02

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $83,161,922 Total Charges $918,225,194
Fixed Assets $72,941,013 Contract Allowance $726,109,902; 79.1%
Other Assets $0 Operating Revenue $192,115,292 20.9%
Total Assets $156,102,935 Operating Expenses $198,539,053 103.3%
Current Liabilities $6,614,795 Operating Margin ($6,423,761) -3.3%
Long Term Liabilities $0 Other Income $3,370,057 1.8%
Total Equity $149,488,140 Other Expense $0 0.0%
Total Liabilities and Equity $156,102,935 Net Profit or Loss ($3,053,704) -1.6%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $34,379,884 $75,624,605 0.4546
31 Intensive Care Unit $9,237,083 $30,503,774 0.3028
32 Coronary Care Unit $0 $0
43 Nursery $0 $0
44 Skilled Nursing Care $0 $0
50 Operating Room $16,062,542 $116,093,857 0.1384
51 Recovery Room $5,376,408 $23,402,932 0.2297
52 Labor and Delivery Room $0 $0

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures ($1,323,652) 13 Nursing Administration $4,299,188
02,03 Captial Related - Movable Equipment $9,287,734 14 Central Services and Supply $1,502,531
04 Employee Benefits $14,484,688 15 Pharmacy $790,854
05 Administrative and General $45,487,188 16 Medical Records and Medical Library $0
06 Maintenance and Repairs $0 17 Social Services $545,622
07 Operation of Plant $0 18 Other General Service Expense $0
08,09 Laundry, Linen and Housekeeping $2,683,427 19 Non Physician Anesthetist $0
10,11 Dietary and Cafeteria $1,923,552 20,21,22,23 Education Programs $4,832,979
Total General Service Cost Centers $84,514,111

Hospital Profile -