MUNISING MEMORIAL HOSPITAL | Hospital POS Number | 231308 |
1500 SAND POINT ROAD | Hospital Control | Nonprofit - Other |
MUNISING , MI 49682 | Hospital Type | General Short Term |
ALGER | Medicare Utilization | Full Util |
Hospital Location is Rural | ||
Total Cost Report Beds 11 | ||
Cost Report 750371 3/31/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
Financial KPI's | Operating KPI's | ||||
Current Ratio | 4.1 | Patient Occupancy Percent | 28.2% | ||
Days to Collect in AR | -40.9 Days | Avg Length of Stay (LOS) | 11.5 Days | ||
Avg AP Payment Days | 20.9 Days | Medicare LOS | 14.6 Days | ||
Days of Cash in Bank | 139.8 Days | Employee Avg Hourly Wages | $37.31 |
Balance Sheet | Income Statement | ||||
Current Assets | $6,507,740 | Total Charges | $19,583,952 | ||
Fixed Assets | $3,889,461 | Contract Allowance | $8,431,353; | 43.1% | |
Other Assets | $3,128,133 | Operating Revenue | $11,152,599 | 56.9% | |
Total Assets | $13,525,334 | Operating Expenses | $13,128,541 | 117.7% | |
Current Liabilities | $1,574,508 | Operating Margin | ($1,975,942) | -17.7% | |
Long Term Liabilities | $7,649,746 | Other Income | $2,237,318 | 20.1% | |
Total Equity | $4,301,080 | Other Expense | $0 | 0.0% | |
Total Liabilities and Equity | $13,525,334 | Net Profit or Loss | $261,376 | 2.3% |
Line | Account | Cost | Charges | Ratio |
30 | Adults and Pediatrics - General Routine Care | $2,814,724 | $2,157,913 | 1.3044 |
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 | $230,104 | $0 | |
51 | Recovery Room | $0 | $0 | |
52 | Labor and Delivery Room | $0 | $0 |
Lines | Description | Amount | Lines | Description | Amount |
01 | Capital Related - Building and Fixtures | $671,327 | 13 | Nursing Administration | $337,205 |
02,03 | Captial Related - Movable Equipment | $364,118 | 14 | Central Services and Supply | $55,659 |
04 | Employee Benefits | $157,857 | 15 | Pharmacy | $99,598 |
05 | Administrative and General | $2,618,239 | 16 | Medical Records and Medical Library | $156,156 |
06 | Maintenance and Repairs | $0 | 17 | Social Services | $0 |
07 | Operation of Plant | $499,366 | 18 | Other General Service Expense | $0 |
08,09 | Laundry, Linen and Housekeeping | $280,397 | 19 | Non Physician Anesthetist | $0 |
10,11 | Dietary and Cafeteria | $140,192 | 20,21,22,23 | Education Programs | $0 |
Total General Service Cost Centers | $5,380,114 |