| ASPIRUS IRON RIVER HOSPITAL & CLINICS, INC | Hospital POS Number | 231318 |
| 1400 WEST ICE LAKE ROAD | Hospital Control | Nonprofit - Other |
| IRON RIVER , MI 49935 | Hospital Type | General Short Term |
| IRON | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 22 | ||
| Cost Report 794782 6/30/2024 for 366 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 2.7 | Patient Occupancy Percent | 17.0% | ||
| Days to Collect in AR | 154.7 Days | Avg Length of Stay (LOS) | 4.3 Days | ||
| Avg AP Payment Days | 0.0 Days | Medicare LOS | 3.8 Days | ||
| Days of Cash in Bank | 15.4 Days | Employee Avg Hourly Wages | $45.23 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $8,969,241 | Total Charges | $109,102,514 | ||
| Fixed Assets | $17,342,562 | Contract Allowance | $72,271,443; | 66.2% | |
| Other Assets | $581,391 | Operating Revenue | $36,831,071 | 33.8% | |
| Total Assets | $26,893,194 | Operating Expenses | $39,181,852 | 106.4% | |
| Current Liabilities | $3,357,597 | Operating Margin | ($2,350,781) | -6.4% | |
| Long Term Liabilities | $16,131,193 | Other Income | $1,767,958 | 4.8% | |
| Total Equity | $7,404,404 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $26,893,194 | Net Profit or Loss | ($582,823) | -1.6% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $4,915,131 | $3,075,931 | 1.5979 |
| 31 | Intensive Care Unit | $143,846 | $21,944 | 6.5551 |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $0 | $0 | |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $2,472,126 | $4,695,127 | 0.5265 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $0 | $0 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $1,901,663 | 13 | Nursing Administration | $192,452 |
| 02,03 | Captial Related - Movable Equipment | $124,204 | 14 | Central Services and Supply | $313,602 |
| 04 | Employee Benefits | $2,788,798 | 15 | Pharmacy | $4,512,411 |
| 05 | Administrative and General | $5,308,256 | 16 | Medical Records and Medical Library | $759,684 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $0 |
| 07 | Operation of Plant | $987,588 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $515,988 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $326,121 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $17,730,767 |