| 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 759751 6/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 1.5 | Patient Occupancy Percent | 7.9% | ||
| Days to Collect in AR | 127.0 Days | Avg Length of Stay (LOS) | 7.0 Days | ||
| Avg AP Payment Days | 42.4 Days | Medicare LOS | 6.4 Days | ||
| Days of Cash in Bank | 71.5 Days | Employee Avg Hourly Wages | $37.80 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $4,047,957 | Total Charges | $22,144,603 | ||
| Fixed Assets | $1,910,213 | Contract Allowance | $12,274,166; | 55.4% | |
| Other Assets | $176,048 | Operating Revenue | $9,870,437 | 44.6% | |
| Total Assets | $6,134,218 | Operating Expenses | $12,890,885 | 130.6% | |
| Current Liabilities | $2,724,965 | Operating Margin | ($3,020,448) | -30.6% | |
| Long Term Liabilities | $2,114,206 | Other Income | $1,448,365 | 14.7% | |
| Total Equity | $1,295,047 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $6,134,218 | Net Profit or Loss | ($1,572,083) | -15.9% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $2,332,377 | $806,373 | 2.8924 |
| 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 | $6,905 | $4,533 | 1.5233 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $0 | $0 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $670,028 | 13 | Nursing Administration | $159,045 |
| 02,03 | Captial Related - Movable Equipment | $204,663 | 14 | Central Services and Supply | $0 |
| 04 | Employee Benefits | $1,271,055 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $2,689,120 | 16 | Medical Records and Medical Library | $70,767 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $0 |
| 07 | Operation of Plant | $456,627 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $135,655 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $242,093 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $5,899,053 |