| MUNSON HEALTHCARE CHARLEVOIX HOSPITAL | Hospital POS Number | 231322 |
| 14700 LAKESHORE DRIVE | Hospital Control | Nonprofit - Other |
| CHARLEVOIX , MI 49720 | Hospital Type | General Short Term |
| CHARLEVOIX | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 25 | ||
| Cost Report 759755 6/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 1.6 | Patient Occupancy Percent | 20.2% | ||
| Days to Collect in AR | 186.7 Days | Avg Length of Stay (LOS) | 3.1 Days | ||
| Avg AP Payment Days | 16.6 Days | Medicare LOS | 3.5 Days | ||
| Days of Cash in Bank | 22.1 Days | Employee Avg Hourly Wages | $0.00 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $16,961,448 | Total Charges | $123,624,462 | ||
| Fixed Assets | $15,685,805 | Contract Allowance | $50,061,155; | 40.5% | |
| Other Assets | $2,063,654 | Operating Revenue | $73,563,307 | 59.5% | |
| Total Assets | $34,710,907 | Operating Expenses | $72,152,502 | 98.1% | |
| Current Liabilities | $10,322,116 | Operating Margin | $1,410,805 | 1.9% | |
| Long Term Liabilities | $15,112 | Other Income | $773,460 | 1.1% | |
| Total Equity | $24,373,679 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $34,710,907 | Net Profit or Loss | $2,184,265 | 3.0% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $5,343,377 | $1,328,717 | 4.0215 |
| 31 | Intensive Care Unit | $0 | $0 | |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $104,709 | $1,125,604 | 0.0930 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $6,730,230 | $10,996,071 | 0.6121 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $114,996 | $168,779 | 0.6813 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $1,467,525 | 13 | Nursing Administration | $501,092 |
| 02,03 | Captial Related - Movable Equipment | $1,187,214 | 14 | Central Services and Supply | $350,224 |
| 04 | Employee Benefits | $4,483,583 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $12,179,023 | 16 | Medical Records and Medical Library | $0 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $0 |
| 07 | Operation of Plant | $1,617,758 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $769,325 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $595,117 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $23,150,861 |