Hospital Profile -


Provider Information

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

Key Performance Indicators (KPI)

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

Financial Statements - Worksheet G

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%

Cost to Charge - Worksheet B and C

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

General Service Cost - Worksheet A

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

Hospital Profile -