ALBANY MEDICAL CENTER HOSPITAL | Hospital POS Number | 330013 |
43 NEW SCOTLAND AVENUE | Hospital Control | Nonprofit - Other |
ALBANY , NY 12208 | Hospital Type | General Short Term |
ALBANY | Medicare Utilization | Full Util |
Hospital Location is Rural | ||
Total Cost Report Beds 557 | ||
Cost Report 798184 12/31/2023 for 365 Days | Cost Report Status is Amended | Total POS Beds 0 |
Financial KPI's | Operating KPI's | ||||
Current Ratio | 2.9 | Patient Occupancy Percent | 88.3% | ||
Days to Collect in AR | 52.1 Days | Avg Length of Stay (LOS) | 6.4 Days | ||
Avg AP Payment Days | 33.0 Days | Medicare LOS | 7.1 Days | ||
Days of Cash in Bank | 15.9 Days | Employee Avg Hourly Wages | $36.98 |
Balance Sheet | Income Statement | ||||
Current Assets | $579,280,453 | Total Charges | $3,677,322,193 | ||
Fixed Assets | $388,873,483 | Contract Allowance | $2,433,577,805; | 66.2% | |
Other Assets | $268,768,552 | Operating Revenue | $1,243,744,388 | 33.8% | |
Total Assets | $1,236,922,488 | Operating Expenses | $1,408,078,182 | 113.2% | |
Current Liabilities | $199,230,123 | Operating Margin | ($164,333,794) | -13.2% | |
Long Term Liabilities | $417,884,587 | Other Income | $200,190,224 | 16.1% | |
Total Equity | $619,807,778 | Other Expense | ($7,100,991) | -0.6% | |
Total Liabilities and Equity | $1,236,922,488 | Net Profit or Loss | $42,957,421 | 3.5% |
Line | Account | Cost | Charges | Ratio |
30 | Adults and Pediatrics - General Routine Care | $223,487,152 | $496,678,264 | 0.4500 |
31 | Intensive Care Unit | $62,120,269 | $159,402,103 | 0.3897 |
32 | Coronary Care Unit | $12,149,285 | $33,457,924 | 0.3631 |
43 | Nursery | $2,120,993 | $6,946,670 | 0.3053 |
44 | Skilled Nursing Care | $0 | $0 | |
50 | Operating Room | $102,232,402 | $270,510,160 | 0.3779 |
51 | Recovery Room | $0 | $0 | |
52 | Labor and Delivery Room | $11,058,259 | $21,838,302 | 0.5064 |
Lines | Description | Amount | Lines | Description | Amount |
01 | Capital Related - Building and Fixtures | $30,916,459 | 13 | Nursing Administration | $0 |
02,03 | Captial Related - Movable Equipment | $33,607,968 | 14 | Central Services and Supply | $0 |
04 | Employee Benefits | $4,119,931 | 15 | Pharmacy | $0 |
05 | Administrative and General | $0 | 16 | Medical Records and Medical Library | $10,464,883 |
06 | Maintenance and Repairs | $23,843,695 | 17 | Social Services | $12,023,599 |
07 | Operation of Plant | $23,514,277 | 18 | Other General Service Expense | $95,473,885 |
08,09 | Laundry, Linen and Housekeeping | $20,149,835 | 19 | Non Physician Anesthetist | $0 |
10,11 | Dietary and Cafeteria | $13,731,611 | 20,21,22,23 | Education Programs | $234,814,969 |
Total General Service Cost Centers | $502,661,112 |