Hospital Profile -


Provider Information

ABBOTT NORTHWESTERN HOSPITAL Hospital POS Number 240057
800 EAST 28TH STREET Hospital Control Nonprofit - Other
MINNEAPOLIS , MN 55407 Hospital Type General Short Term
HENNEPIN Medicare Utilization Full Util
Hospital Location is Urban
Total Cost Report Beds 531
Cost Report 811656 12/31/2024 for 366 Days Cost Report Status is Submitted Total POS Beds 0

Key Performance Indicators (KPI)

Financial KPI's Operating KPI's
Current Ratio 0.9 Patient Occupancy Percent 80.4%
Days to Collect in AR 292.1 Days Avg Length of Stay (LOS) 5.3 Days
Avg AP Payment Days 23.8 Days Medicare LOS 5.6 Days
Days of Cash in Bank 0.0 Days Employee Avg Hourly Wages $62.57

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $258,222,777 Total Charges $4,698,134,760
Fixed Assets $796,679,366 Contract Allowance $3,283,015,474; 69.9%
Other Assets $98,486,156 Operating Revenue $1,415,119,286 30.1%
Total Assets $1,153,388,299 Operating Expenses $1,729,021,392 122.2%
Current Liabilities $280,599,878 Operating Margin ($313,902,106) -22.2%
Long Term Liabilities $83,627,827 Other Income $268,777,735 19.0%
Total Equity $789,160,594 Other Expense $0 0.0%
Total Liabilities and Equity $1,153,388,299 Net Profit or Loss ($45,124,371) -3.2%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $255,238,571 $933,987,268 0.2733
31 Intensive Care Unit $60,869,611 $279,631,111 0.2177
32 Coronary Care Unit $0 $0
43 Nursery $6,050,768 $20,855,089 0.2901
44 Skilled Nursing Care $17,214,987 $25,911,398 0.6644
50 Operating Room $149,920,060 $481,464,775 0.3114
51 Recovery Room $0 $0
52 Labor and Delivery Room $24,612,758 $55,356,921 0.4446

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures $35,801,082 13 Nursing Administration $11,106,225
02,03 Captial Related - Movable Equipment $0 14 Central Services and Supply $6,611,101
04 Employee Benefits $96,746,879 15 Pharmacy $0
05 Administrative and General $305,452,657 16 Medical Records and Medical Library $151,982
06 Maintenance and Repairs $0 17 Social Services $160,308
07 Operation of Plant $22,169,634 18 Other General Service Expense $39,612,954
08,09 Laundry, Linen and Housekeeping $16,741,283 19 Non Physician Anesthetist $0
10,11 Dietary and Cafeteria $10,082,926 20,21,22,23 Education Programs $8,196,547
Total General Service Cost Centers $552,833,578

Hospital Profile -