State Profile for Michigan - 2020



State Controls Information

Cost Report Counts Population
Total Hospital Count 162 Total Population on July 31, 2020 10,072,703
Total Cost Reports Filed in 2020 164 Total Births 26,588
Total Cost Reports Submitted 0 Total Deaths 31,068
Total Cost Reports Settled 124 Net Population Natural Change -4,480
Total Cost Reports Reopened 26 Total International Migration 409
Total Cost Reports Ammended 1 Total Domestic Migration -4,721
Total Cost Reports Audited 13 Total Residual 2,157
Net Population Change -6,635

State Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 18,056,098,504 Total Charges 102,179,039,090
Fixed Assets 17,199,631,758 Contract Allowance 68,868,387,298
Other Assets 14,267,786,396 Operating Revenue 33,310,651,792
Total Assets 49,523,516,658 Operating Expenses 36,246,416,303
Current Liabilities 10,588,439,330 Operating Margin -2,935,764,511
Long Term Liabilities 15,919,541,186 Other Income 4,304,984,210
Total Equity 23,016,191,950 Other Expense 240,636,665
Total Liabilities and Equity 49,524,172,466 Net Profit or Loss 1,128,583,034

State Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $33,013 Revenue per Bed $1,652,150 Revenue per Person $3,307
Net Margin per Discharge ($2,910) Net Margin per Bed ($145,609) Net Margin per Person ($291)
Net Profit per Discharge $1,119 Net Profit per Bed $55,976 Net Profit per Person $112
Net Fixed Assets per Discharge $17,046 Net Fixed Assets per Bed $853,072 Net Fixed Assets per Bed $1,708
Long Term Debt per Discharge $15,777 Long Term Debt per Bed $789,581 Long Term Debt per Person $1,580
Persons per Discharge 0 Persons per Bed 499
Occupancy Rate 61.4 %
Length of Stay 5 Days

State Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 11 Net Fixed Assets 9 Population Estimate 10
Total Revenue 8 Long Term Liabilities 8 Total Patient Discharges 8
Net Margin 56 Total Patient Beds 8
Net Profit or Loss 19

State Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 4,908,781,271 10,189,095,909 0.4818
31 Intensive Care Unit 1,109,884,771 2,966,072,470 0.3742
32 Coronary Care Unit 167,458,216 517,319,555 0.3237
43 Nursery 185,521,683 491,292,413 0.3776
44 Skilled Nursing Care 173,731,658 144,712,328 1.2005
50 Operating Room 2,500,749,882 11,780,681,995 0.2123
51 Recovery Room 252,147,093 935,206,136 0.2696
52 Labor and Delivery Room 417,940,773 812,328,386 0.5145

State General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 850,372,324 13 Nursing Administration 397,824,181
02,03 Captial Related - Movable Equipment 735,100,056 14 Central Services and Supply 187,998,057
04 Employee Benefits 2,052,151,239 15 Pharmacy 534,393,746
05 Administrative and General 5,326,726,894 16 Medical Records and Medical Library 202,236,865
06 Maintenance and Repairs 525,162,117 17 Social Services 162,349,068
07 Operation of Plant 563,623,909 18 Other General Service Expense 40,703,940
08,09 Laundry, Linen and Housekeeping 432,455,743 19 Non Physician Anesthetist 999,304
10,11 Dietary and Cafeteria 297,775,515 20,21,22,23 Education Programs 991,120,442
Total General Service Cost Centers 13,300,993,400

State Profile for Michigan - 2020