Hospital Profile -


Provider Information

PENN MEDICINE PRINCETON MEDICAL CENTER Hospital POS Number 310010
ONE PLAINSBORO ROAD Hospital Control Nonprofit - Other
PLAINSBORO , NJ 08536 Hospital Type General Short Term
MIDDLESEX Medicare Utilization Full Util
Hospital Location is Urban
Total Cost Report Beds 168
Cost Report 757921 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 1.8 Patient Occupancy Percent 83.1%
Days to Collect in AR 41.6 Days Avg Length of Stay (LOS) 4.0 Days
Avg AP Payment Days 32.5 Days Medicare LOS 5.3 Days
Days of Cash in Bank 15.4 Days Employee Avg Hourly Wages $41.03

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $112,211,530 Total Charges $2,956,259,890
Fixed Assets $353,564,855 Contract Allowance $2,368,444,026; 80.1%
Other Assets $362,416,325 Operating Revenue $587,815,864 19.9%
Total Assets $828,192,710 Operating Expenses $621,382,860 105.7%
Current Liabilities $61,852,802 Operating Margin ($33,566,996) -5.7%
Long Term Liabilities $274,721,226 Other Income $22,485,048 3.8%
Total Equity $491,618,682 Other Expense $0 0.0%
Total Liabilities and Equity $828,192,710 Net Profit or Loss ($11,081,948) -1.9%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $90,029,212 $190,579,818 0.4724
31 Intensive Care Unit $21,517,070 $72,053,895 0.2986
32 Coronary Care Unit $0 $0
43 Nursery $5,098,447 $45,598,443 0.1118
44 Skilled Nursing Care $0 $0
50 Operating Room $24,074,676 $131,379,281 0.1832
51 Recovery Room $2,654,550 $44,480,526 0.0597
52 Labor and Delivery Room $9,016,048 $25,482,770 0.3538

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures $36,475,426 13 Nursing Administration $4,044,211
02,03 Captial Related - Movable Equipment $361,047 14 Central Services and Supply $3,464,352
04 Employee Benefits $54,912,813 15 Pharmacy $6,111,524
05 Administrative and General $54,040,237 16 Medical Records and Medical Library $3,356,132
06 Maintenance and Repairs $5,485,732 17 Social Services $4,359,259
07 Operation of Plant $13,602,151 18 Other General Service Expense $0
08,09 Laundry, Linen and Housekeeping $7,411,046 19 Non Physician Anesthetist $0
10,11 Dietary and Cafeteria $7,039,298 20,21,22,23 Education Programs $9,508,483
Total General Service Cost Centers $210,171,711

Hospital Profile -