| ASPIRUS KEWEENAW HOSPITAL | Hospital POS Number | 231319 |
| 205 OCEOLA ST | Hospital Control | Nonprofit - Other |
| LAURIUM , MI 49913 | Hospital Type | General Short Term |
| HOUGHTON | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 20 | ||
| Cost Report 809322 6/30/2024 for 366 Days | Cost Report Status is Amended | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 8.0 | Patient Occupancy Percent | 40.3% | ||
| Days to Collect in AR | 139.8 Days | Avg Length of Stay (LOS) | 3.8 Days | ||
| Avg AP Payment Days | 10.7 Days | Medicare LOS | 5.4 Days | ||
| Days of Cash in Bank | 100.8 Days | Employee Avg Hourly Wages | $52.85 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $37,629,521 | Total Charges | $156,336,615 | ||
| Fixed Assets | $18,782,955 | Contract Allowance | $96,508,289; | 61.7% | |
| Other Assets | $1,948,701 | Operating Revenue | $59,828,326 | 38.3% | |
| Total Assets | $58,361,177 | Operating Expenses | $74,717,117 | 124.9% | |
| Current Liabilities | $4,706,106 | Operating Margin | ($14,888,791) | -24.9% | |
| Long Term Liabilities | $17,111,715 | Other Income | $13,278,942 | 22.2% | |
| Total Equity | $36,543,356 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $58,361,177 | Net Profit or Loss | ($1,609,849) | -2.7% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $5,535,805 | $5,526,545 | 1.0017 |
| 31 | Intensive Care Unit | $1,463,494 | $1,117,355 | 1.3098 |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $42,612 | $501,739 | 0.0849 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $4,656,436 | $12,284,691 | 0.3790 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $45,633 | $919,135 | 0.0496 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $1,663,795 | 13 | Nursing Administration | $20,288 |
| 02,03 | Captial Related - Movable Equipment | $1,194,747 | 14 | Central Services and Supply | $364,940 |
| 04 | Employee Benefits | $5,749,635 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $10,319,917 | 16 | Medical Records and Medical Library | $1,148,108 |
| 06 | Maintenance and Repairs | $436,778 | 17 | Social Services | $231 |
| 07 | Operation of Plant | $381,732 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $342,934 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $454,792 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $22,077,897 |