County Profile for Somerset - 2024



County Controls Information

Cost Report Counts Population
Total Hospital Count 2 Total Population on July 31, 2024 51,338
Total Cost Reports Filed in 2024 2 Total Births 427
Total Cost Reports Submitted 2 Total Deaths 752
Total Cost Reports Settled 0 Net Population Natural Change -325
Total Cost Reports Reopened 0 Total International Migration 22
Total Cost Reports Ammended 0 Total Domestic Migration 471
Total Cost Reports Audited 0 Total Residual -1
Net Population Change 167

County Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 142,486,106 Total Charges 373,396,171
Fixed Assets 38,388,436 Contract Allowance 177,346,928
Other Assets 38,456,338 Operating Revenue 196,049,243
Total Assets 219,330,880 Operating Expenses 196,637,505
Current Liabilities 29,693,285 Operating Margin -588,262
Long Term Liabilities 4,266,203 Other Income 17,603,080
Total Equity 185,371,392 Other Expense 110
Total Liabilities and Equity 219,330,880 Net Profit or Loss 17,014,708

County Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $98,074 Revenue per Bed $4,171,260 Revenue per Person $3,819
Net Margin per Discharge ($294) Net Margin per Bed ($12,516) Net Margin per Person ($11)
Net Profit per Discharge $8,512 Net Profit per Bed $362,015 Net Profit per Person $331
Net Fixed Assets per Discharge $19,204 Net Fixed Assets per Bed $816,775 Net Fixed Assets per Bed $748
Long Term Debt per Discharge $2,134 Long Term Debt per Bed $90,770 Long Term Debt per Person $83
Persons per Discharge 0 Persons per Bed 1,092
Occupancy Rate 49.8 %
Length of Stay 5 Days

County Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 1,014 Net Fixed Assets 1,142 Population Estimate 991
Total Revenue 797 Long Term Liabilities 1,501 Total Patient Discharges 1,092
Net Margin 1,865 Total Patient Beds 1,199
Net Profit or Loss 685

County Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 25,080,703 19,272,287 1.3014
31 Intensive Care Unit 3,596,279 2,322,206 1.5486
32 Coronary Care Unit 0 0
43 Nursery 359,118 259,589 1.3834
44 Skilled Nursing Care 0 0
50 Operating Room 5,530,060 13,103,349 0.4220
51 Recovery Room 235,274 136,785 1.7200
52 Labor and Delivery Room 396,235 88,960 4.4541

County General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 3,545,069 13 Nursing Administration 2,027,999
02,03 Captial Related - Movable Equipment 4,200,706 14 Central Services and Supply 12,290
04 Employee Benefits 28,946,992 15 Pharmacy 879,227
05 Administrative and General 27,332,500 16 Medical Records and Medical Library 3,121,219
06 Maintenance and Repairs 0 17 Social Services 345,311
07 Operation of Plant 5,578,690 18 Other General Service Expense 0
08,09 Laundry, Linen and Housekeeping 2,597,689 19 Non Physician Anesthetist 0
10,11 Dietary and Cafeteria 2,460,955 20,21,22,23 Education Programs 0
Total General Service Cost Centers 81,048,647

County Profile for Somerset - 2024