| BARAGA COUNTY MEMORIAL HOSPITAL | Hospital POS Number | 231307 |
| 18341 U.S. HIGHWAY 41 | Hospital Control | Government - County |
| LANSE , MI 49946 | Hospital Type | General Short Term |
| BARAGA | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 24 | ||
| Cost Report 799378 9/30/2024 for 366 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 3.1 | Patient Occupancy Percent | 21.9% | ||
| Days to Collect in AR | 84.3 Days | Avg Length of Stay (LOS) | 7.5 Days | ||
| Avg AP Payment Days | 35.7 Days | Medicare LOS | 9.8 Days | ||
| Days of Cash in Bank | 131.2 Days | Employee Avg Hourly Wages | $0.00 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $18,512,277 | Total Charges | $56,036,135 | ||
| Fixed Assets | $9,388,123 | Contract Allowance | $26,478,117; | 47.3% | |
| Other Assets | $7,307,945 | Operating Revenue | $29,558,018 | 52.7% | |
| Total Assets | $35,208,345 | Operating Expenses | $31,154,663 | 105.4% | |
| Current Liabilities | $5,969,611 | Operating Margin | ($1,596,645) | -5.4% | |
| Long Term Liabilities | $24,343,182 | Other Income | $3,825,788 | 12.9% | |
| Total Equity | $4,895,552 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $35,208,345 | Net Profit or Loss | $2,229,143 | 7.5% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $3,876,535 | $2,287,939 | 1.6943 |
| 31 | Intensive Care Unit | $0 | $0 | |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $0 | $0 | |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $1,935,890 | $5,205,139 | 0.3719 |
| 51 | Recovery Room | $56,321 | $540,293 | 0.1042 |
| 52 | Labor and Delivery Room | $0 | $0 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $974,123 | 13 | Nursing Administration | $163,212 |
| 02,03 | Captial Related - Movable Equipment | $963,510 | 14 | Central Services and Supply | ($26,159) |
| 04 | Employee Benefits | $3,587,941 | 15 | Pharmacy | $278,405 |
| 05 | Administrative and General | $3,791,040 | 16 | Medical Records and Medical Library | $203,606 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $52,303 |
| 07 | Operation of Plant | $786,909 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $450,925 | 19 | Non Physician Anesthetist | $231,754 |
| 10,11 | Dietary and Cafeteria | $235,522 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $11,693,091 |