| 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 535 | ||
| Cost Report 773842 12/31/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 2.9 | Patient Occupancy Percent | 78.7% | ||
| Days to Collect in AR | 285.0 Days | Avg Length of Stay (LOS) | 5.6 Days | ||
| Avg AP Payment Days | 16.2 Days | Medicare LOS | 5.9 Days | ||
| Days of Cash in Bank | 0.0 Days | Employee Avg Hourly Wages | $57.45 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $252,789,808 | Total Charges | $4,252,115,813 | ||
| Fixed Assets | $653,065,166 | Contract Allowance | $2,926,429,948; | 68.8% | |
| Other Assets | $98,695,634 | Operating Revenue | $1,325,685,865 | 31.2% | |
| Total Assets | $1,004,550,608 | Operating Expenses | $1,706,701,193 | 128.7% | |
| Current Liabilities | $88,013,395 | Operating Margin | ($381,015,328) | -28.7% | |
| Long Term Liabilities | $86,155,043 | Other Income | $244,801,475 | 18.5% | |
| Total Equity | $830,382,170 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $1,004,550,608 | Net Profit or Loss | ($136,213,853) | -10.3% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $262,833,294 | $798,532,609 | 0.3291 |
| 31 | Intensive Care Unit | $63,655,276 | $254,023,278 | 0.2506 |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $6,244,872 | $18,927,864 | 0.3299 |
| 44 | Skilled Nursing Care | $17,136,746 | $25,955,457 | 0.6602 |
| 50 | Operating Room | $125,121,802 | $459,978,748 | 0.2720 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $26,121,613 | $53,210,268 | 0.4909 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $31,091,902 | 13 | Nursing Administration | $10,285,705 |
| 02,03 | Captial Related - Movable Equipment | $0 | 14 | Central Services and Supply | $7,115,244 |
| 04 | Employee Benefits | $103,626,926 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $269,886,975 | 16 | Medical Records and Medical Library | $185,124 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $160,925 |
| 07 | Operation of Plant | $27,160,331 | 18 | Other General Service Expense | $52,336,600 |
| 08,09 | Laundry, Linen and Housekeeping | $14,785,708 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $9,318,201 | 20,21,22,23 | Education Programs | $7,216,533 |
| Total General Service Cost Centers | $533,170,174 |