| MUNSON HEALTHCARE CHARLEVOIX HOSPITAL | Hospital POS Number | 231322 |
| 14700 LAKESHORE DRIVE | Hospital Control | Nonprofit - Other |
| CHARLEVOIX , MI 49720 | Hospital Type | General Short Term |
| CHARLEVOIX | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 25 | ||
| Cost Report 792669 6/30/2024 for 366 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 2.0 | Patient Occupancy Percent | 20.7% | ||
| Days to Collect in AR | 209.6 Days | Avg Length of Stay (LOS) | 2.9 Days | ||
| Avg AP Payment Days | 21.2 Days | Medicare LOS | 2.8 Days | ||
| Days of Cash in Bank | 36.6 Days | Employee Avg Hourly Wages | $0.00 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $23,486,035 | Total Charges | $131,803,545 | ||
| Fixed Assets | $16,361,459 | Contract Allowance | $53,598,410; | 40.7% | |
| Other Assets | $1,990,656 | Operating Revenue | $78,205,135 | 59.3% | |
| Total Assets | $41,838,150 | Operating Expenses | $73,620,270 | 94.1% | |
| Current Liabilities | $11,653,720 | Operating Margin | $4,584,865 | 5.9% | |
| Long Term Liabilities | $0 | Other Income | $1,131,302 | 1.4% | |
| Total Equity | $30,184,430 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $41,838,150 | Net Profit or Loss | $5,716,167 | 7.3% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $5,161,319 | $1,197,319 | 4.3107 |
| 31 | Intensive Care Unit | $0 | $0 | |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $149,183 | $1,798,897 | 0.0829 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $7,044,820 | $12,101,593 | 0.5821 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $173,265 | $236,718 | 0.7319 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $1,164,404 | 13 | Nursing Administration | $530,083 |
| 02,03 | Captial Related - Movable Equipment | $1,265,059 | 14 | Central Services and Supply | $350,652 |
| 04 | Employee Benefits | $4,409,286 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $12,348,344 | 16 | Medical Records and Medical Library | $0 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $0 |
| 07 | Operation of Plant | $1,518,024 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $828,052 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $572,585 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $22,986,489 |