| ASPIRUS ONTONAGON HOSPITAL, INC | Hospital POS Number | 231309 |
| 601 SOUTH SEVENTH STREET | Hospital Control | Nonprofit - Other |
| ONTONAGON , MI 49953 | Hospital Type | General Short Term |
| ONTONAGON | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 18 | ||
| Cost Report 786341 4/19/2024 for 294 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 1.4 | Patient Occupancy Percent | 10.8% | ||
| Days to Collect in AR | 33.6 Days | Avg Length of Stay (LOS) | 8.6 Days | ||
| Avg AP Payment Days | 14.4 Days | Medicare LOS | 12.4 Days | ||
| Days of Cash in Bank | 71.0 Days | Employee Avg Hourly Wages | $41.97 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $3,206,855 | Total Charges | $17,805,510 | ||
| Fixed Assets | $0 | Contract Allowance | $10,032,372; | 56.3% | |
| Other Assets | $169,032 | Operating Revenue | $7,773,138 | 43.7% | |
| Total Assets | $3,375,887 | Operating Expenses | $11,341,764 | 145.9% | |
| Current Liabilities | $2,217,901 | Operating Margin | ($3,568,626) | -45.9% | |
| Long Term Liabilities | $2,113,600 | Other Income | $402,947 | 5.2% | |
| Total Equity | ($955,614) | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $3,375,887 | Net Profit or Loss | ($3,165,679) | -40.7% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $2,039,113 | $757,705 | 2.6912 |
| 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 | $0 | $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 | $525,486 | 13 | Nursing Administration | $43,922 |
| 02,03 | Captial Related - Movable Equipment | $157,574 | 14 | Central Services and Supply | $0 |
| 04 | Employee Benefits | $1,018,796 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $2,804,691 | 16 | Medical Records and Medical Library | $51,538 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $0 |
| 07 | Operation of Plant | $373,182 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $102,110 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $155,979 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $5,233,278 |