| 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 767684 9/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 3.3 | Patient Occupancy Percent | 26.3% | ||
| Days to Collect in AR | 86.3 Days | Avg Length of Stay (LOS) | 7.4 Days | ||
| Avg AP Payment Days | 38.0 Days | Medicare LOS | 9.1 Days | ||
| Days of Cash in Bank | 143.0 Days | Employee Avg Hourly Wages | $0.00 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $17,593,637 | Total Charges | $44,115,747 | ||
| Fixed Assets | $9,272,373 | Contract Allowance | $18,333,073; | 41.6% | |
| Other Assets | $7,692,112 | Operating Revenue | $25,782,674 | 58.4% | |
| Total Assets | $34,558,122 | Operating Expenses | $27,881,265 | 108.1% | |
| Current Liabilities | $5,316,722 | Operating Margin | ($2,098,591) | -8.1% | |
| Long Term Liabilities | $26,574,991 | Other Income | $3,270,178 | 12.7% | |
| Total Equity | $2,666,409 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $34,558,122 | Net Profit or Loss | $1,171,587 | 4.5% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $3,822,778 | $2,955,941 | 1.2933 |
| 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 | $1,761,662 | $2,801,253 | 0.6289 |
| 51 | Recovery Room | $65,643 | $551,198 | 0.1191 |
| 52 | Labor and Delivery Room | $0 | $0 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $1,390,300 | 13 | Nursing Administration | $143,739 |
| 02,03 | Captial Related - Movable Equipment | $904,785 | 14 | Central Services and Supply | ($16,607) |
| 04 | Employee Benefits | $3,248,420 | 15 | Pharmacy | $262,097 |
| 05 | Administrative and General | $3,070,052 | 16 | Medical Records and Medical Library | $199,764 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $65,104 |
| 07 | Operation of Plant | $795,097 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $430,779 | 19 | Non Physician Anesthetist | $206,656 |
| 10,11 | Dietary and Cafeteria | $237,360 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $10,937,546 |