Hospital Profile -


Provider Information

AVERA GRANITE FALLS Hospital POS Number 241343
345 TENTH AVENUE Hospital Control Nonprofit - Other
GRANITE FALLS , MN 56241 Hospital Type General Short Term
YELLOW MEDCINE Medicare Utilization Full Util
Hospital Location is Rural
Total Cost Report Beds 25
Cost Report 757157 6/30/2023 for 365 Days Cost Report Status is Submitted Total POS Beds 0

Key Performance Indicators (KPI)

Financial KPI's Operating KPI's
Current Ratio 1.5 Patient Occupancy Percent 7.7%
Days to Collect in AR 128.5 Days Avg Length of Stay (LOS) 4.6 Days
Avg AP Payment Days 19.6 Days Medicare LOS 5.6 Days
Days of Cash in Bank 2.9 Days Employee Avg Hourly Wages $0.00

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $3,411,134 Total Charges $55,919,832
Fixed Assets $3,362,426 Contract Allowance $27,413,869; 49.0%
Other Assets $20,942,398 Operating Revenue $28,505,963 51.0%
Total Assets $27,715,958 Operating Expenses $28,486,970 99.9%
Current Liabilities $2,201,929 Operating Margin $18,993 0.1%
Long Term Liabilities $9,411,835 Other Income $1,469,977 5.2%
Total Equity $16,102,194 Other Expense ($7,330) 0.0%
Total Liabilities and Equity $27,715,958 Net Profit or Loss $1,496,300 5.2%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $2,032,187 $1,340,792 1.5157
31 Intensive Care Unit $0 $0
32 Coronary Care Unit $0 $0
43 Nursery $1,782 $17,482 0.1019
44 Skilled Nursing Care $5,736,856 $5,857,218 0.9795
50 Operating Room $1,106,043 $3,163,851 0.3496
51 Recovery Room $0 $0
52 Labor and Delivery Room $46,850 $90,072 0.5201

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures $653,959 13 Nursing Administration $278,039
02,03 Captial Related - Movable Equipment $971,008 14 Central Services and Supply $0
04 Employee Benefits $1,636,063 15 Pharmacy $0
05 Administrative and General $3,832,606 16 Medical Records and Medical Library $278,387
06 Maintenance and Repairs $0 17 Social Services $59,458
07 Operation of Plant $785,025 18 Other General Service Expense $341,460
08,09 Laundry, Linen and Housekeeping $491,357 19 Non Physician Anesthetist $311,325
10,11 Dietary and Cafeteria $776,480 20,21,22,23 Education Programs $0
Total General Service Cost Centers $10,415,167

Hospital Profile -