LOVELACE MEDICAL CENTER | Hospital POS Number | 320009 |
601 MARTIN LUTHER KING JR. NE | Hospital Control | Proprietary - Corporation |
ALBUQUERQUE , NM 87102 | Hospital Type | General Short Term |
BERNALILLO | Medicare Utilization | Full Util |
Hospital Location is Rural | ||
Total Cost Report Beds 238 | ||
Cost Report 748278 2/28/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
Financial KPI's | Operating KPI's | ||||
Current Ratio | 1.7 | Patient Occupancy Percent | 63.0% | ||
Days to Collect in AR | 113.7 Days | Avg Length of Stay (LOS) | 5.7 Days | ||
Avg AP Payment Days | 26.5 Days | Medicare LOS | 5.3 Days | ||
Days of Cash in Bank | 0.2 Days | Employee Avg Hourly Wages | $21.03 |
Balance Sheet | Income Statement | ||||
Current Assets | $50,624,225 | Total Charges | $2,462,079,590 | ||
Fixed Assets | $28,888,899 | Contract Allowance | $2,123,714,691; | 86.3% | |
Other Assets | $0 | Operating Revenue | $338,364,899 | 13.7% | |
Total Assets | $79,513,124 | Operating Expenses | $376,240,952 | 111.2% | |
Current Liabilities | $30,364,744 | Operating Margin | ($37,876,053) | -11.2% | |
Long Term Liabilities | $11,629,044 | Other Income | $7,843,185 | 2.3% | |
Total Equity | $37,519,336 | Other Expense | $0 | 0.0% | |
Total Liabilities and Equity | $79,513,124 | Net Profit or Loss | ($30,032,868) | -8.9% |
Line | Account | Cost | Charges | Ratio |
30 | Adults and Pediatrics - General Routine Care | $61,226,135 | $356,298,514 | 0.1718 |
31 | Intensive Care Unit | $23,771,067 | $104,967,974 | 0.2265 |
32 | Coronary Care Unit | $0 | $0 | |
43 | Nursery | $0 | $0 | |
44 | Skilled Nursing Care | $0 | $0 | |
50 | Operating Room | $36,033,997 | $646,921,831 | 0.0557 |
51 | Recovery Room | $0 | $0 | |
52 | Labor and Delivery Room | $0 | $0 |
Lines | Description | Amount | Lines | Description | Amount |
01 | Capital Related - Building and Fixtures | $18,282,078 | 13 | Nursing Administration | $2,291,510 |
02,03 | Captial Related - Movable Equipment | $13,143,629 | 14 | Central Services and Supply | ($601,698) |
04 | Employee Benefits | $2,735,696 | 15 | Pharmacy | $5,666,910 |
05 | Administrative and General | $60,008,635 | 16 | Medical Records and Medical Library | $477,590 |
06 | Maintenance and Repairs | $0 | 17 | Social Services | $0 |
07 | Operation of Plant | $6,635,179 | 18 | Other General Service Expense | $0 |
08,09 | Laundry, Linen and Housekeeping | $3,183,671 | 19 | Non Physician Anesthetist | $0 |
10,11 | Dietary and Cafeteria | $2,851,347 | 20,21,22,23 | Education Programs | $551,429 |
Total General Service Cost Centers | $115,225,976 |