Financial Indicators

  • See column headings for cost reporting periods. / Definitions

Sample Hospital

Louisville, KY  11111
CMS Certification Number: 000000
Sample Report | Order Information
Period ending date 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Number of months in period 12 12 12 12 12
Cost report status As Submitted Settled With Audit Reopened Settled Without Audit Reopened
 
EBITDAR - Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent $174,883,830 $412,265,192 $179,243,108 $241,949,739 $233,774,240
Definition: net income + interest + depreciation and amortization + lease cost
net income (before taxes) $80,098,761 $325,067,409 $101,521,849 $169,717,635 $166,540,647
interest expense $0 $0 $0 $0 $0
depreciation and amortization expense $87,327,032 $81,884,594 $73,430,152 $67,825,011 $62,734,862
lease cost $7,458,037 $5,313,189 $4,291,107 $4,407,093 $4,498,731
 
Operating Margin 2.0% 11.2% 1.7% 8.0% 8.2%
Definition: (tot oper rev - tot oper exp) / tot oper rev * 100
total operating revenue (net patient revenue) $2,589,779,490 $2,479,474,863 $2,046,532,968 $2,049,774,662 $1,948,330,283
total operating expense $2,538,763,073 $2,201,548,096 $2,012,235,556 $1,886,735,443 $1,789,194,255
 
Excess Margin 3.1% 12.9% 4.8% 8.3% 8.5%
Definition: (tot oper rev - tot oper exp + non-oper rev) / (tot oper rev + non-oper rev) * 100
total operating revenue (net patient revenue) $2,589,779,490 $2,479,474,863 $2,046,532,968 $2,049,774,662 $1,948,330,283
total operating expense $2,538,763,073 $2,201,548,096 $2,012,235,556 $1,886,735,443 $1,789,194,255
non-operating revenue (non-patient revenue) $29,082,344 $47,140,642 $67,224,437 $6,678,416 $7,404,619
 
Personnel Expense as a percent of Total Operating Revenue 30.5% 24.8% 28.8% 27.7% 27.5%
Definition: (salary expense + contract labor + fringe benefits ) / total operating rev * 100
salary expense $700,673,572 $615,268,584 $565,539,241 $533,169,309 $504,177,629
contract labor $90,376,571 $0 $24,669,362 $34,270,415 $31,561,567
fringe benefits $55,110 $33,313 $12,295 $1,549 $56,328
total operating revenue (net patient revenue) $2,589,779,490 $2,479,474,863 $2,046,532,968 $2,049,774,662 $1,948,330,283
 
Return on Equity 2.3% 10.1% 3.6% 6.4% 7.0%
Definition: net income / (total assets - total liabilities) * 100
net income (before taxes) $80,098,761 $325,067,409 $101,521,849 $169,717,635 $166,540,647
total assets (general fund only) $3,596,067,018 $3,465,829,011 $3,191,582,342 $2,775,349,603 $2,551,007,751
total liabilities (general fund only) $142,105,323 $251,944,136 $335,099,532 $131,274,323 $156,881,955
 
Return on Assets (ROA) 2.2% 9.4% 3.2% 6.1% 6.5%
Definition: net income / total assets * 100
net income (before taxes) $80,098,761 $325,067,409 $101,521,849 $169,717,635 $166,540,647
total assets (general fund only) $3,596,067,018 $3,465,829,011 $3,191,582,342 $2,775,349,603 $2,551,007,751
 
Current Ratio 2.4 1.3 0.8 2.2 1.7
Definition: total current assets / total current liabilities
total current assets (general fund only) $340,263,112 $335,302,065 $283,899,480 $284,438,409 $268,217,357
total current liabilities (general fund only) $142,105,323 $251,944,136 $335,099,532 $131,274,323 $156,881,955
 
Quick Ratio 1.9 1.1 0.7 1.7 1.4
Definition: (total current assets - inventory) / total current liabilities
total current assets (general fund only) $340,263,112 $335,302,065 $283,899,480 $284,438,409 $268,217,357
inventory (general fund only) $68,934,055 $69,170,691 $59,958,395 $56,299,747 $54,383,711
total current liabilities (general fund only) $142,105,323 $251,944,136 $335,099,532 $131,274,323 $156,881,955
 
Days Cash on Hand 0.0 0.0 0.0 0.0 0.0
Definition: (cash on hand + market securities) / [(total operating expenses - depreciation ) / 365]
cash on hand (general fund only) $8,300 $11,339 $9,000 $9,000 $8,900
market securities (temporary investments) (general fund only) $0 $0 $0 $0 $0
total operating expense $2,538,763,073 $2,201,548,096 $2,012,235,556 $1,886,735,443 $1,789,194,255
depreciation expense $87,327,032 $81,884,594 $73,430,152 $67,825,011 $62,734,862
 
Days Cash on Hand - All Sources 0.0 0.0 0.0 0.5 0.7
Definition: (cash on hand + mkt securities + investments) / [(total operatingexp - depreciation exp) / 365]
cash on hand (general fund only) $8,300 $11,339 $9,000 $9,000 $8,900
market securities (temporary investments) (general fund only) $0 $0 $0 $0 $0
investments (general fund only) $0 $0 $0 $2,545,313 $3,072,541
total operating expense $2,538,763,073 $2,201,548,096 $2,012,235,556 $1,886,735,443 $1,789,194,255
depreciation expense $87,327,032 $81,884,594 $73,430,152 $67,825,011 $62,734,862
 
Days in Net Patient Accounts Receivable 37.7 38.4 39.6 40.1 39.5
Definition: (accounts receivable - allowances for uncollectible) / (total operating revenue / 365)
accounts receivable (general fund only) $1,270,291,439 $1,265,481,897 $1,140,764,600 $1,123,254,055 $1,031,200,803
allowances for uncollectible (general fund only) $1,002,627,912 $1,004,863,367 $918,996,527 $897,968,272 $820,248,238
total operating revenue (net patient revenue) $2,589,779,490 $2,479,474,863 $2,046,532,968 $2,049,774,662 $1,948,330,283
 
Days in Net Total Receivable 37.8 38.7 39.7 40.2 39.6
Definition: (accounts receivable + notes receivable + other receivables - allowances for uncollectible) / (total operating revenue / 365)
accounts receivable (general fund only) $1,270,291,439 $1,265,481,897 $1,140,764,600 $1,123,254,055 $1,031,200,803
notes receivable (general fund only) $0 $0 $0 $0 $0
other receivables (general fund only) $622,153 $2,046,512 $723,711 $440,000 $450,000
allowances for uncollectible (general fund only) $1,002,627,912 $1,004,863,367 $918,996,527 $897,968,272 $820,248,238
total operating revenue (net patient revenue) $2,589,779,490 $2,479,474,863 $2,046,532,968 $2,049,774,662 $1,948,330,283
 
Average Payment Period (days) 21.2 43.4 63.1 26.3 33.2
Definition: total current liabilities / [(total operating expenses + total other expenses - depreciation) / 365]
total current liabilities (general fund only) $142,105,323 $251,944,136 $335,099,532 $131,274,323 $156,881,955
total operating expense $2,538,763,073 $2,201,548,096 $2,012,235,556 $1,886,735,443 $1,789,194,255
total other expense $0 $0 $0 $0 $0
depreciation expense $87,327,032 $81,884,594 $73,430,152 $67,825,011 $62,734,862
 
Inventory Turnover 38.0 36.5 35.3 36.5 36.0
Definition: (total operating revenue + non-operating revenue) / inventory
total operating revenue (net patient revenue) $2,589,779,490 $2,479,474,863 $2,046,532,968 $2,049,774,662 $1,948,330,283
non-operating revenue (non-patient revenue) $29,082,344 $47,140,642 $67,224,437 $6,678,416 $7,404,619
inventory (general fund only) $68,934,055 $69,170,691 $59,958,395 $56,299,747 $54,383,711
 
Total Asset Turnover 0.7 0.7 0.7 0.7 0.8
Definition: (total operating revenue + non-operating revenue) / total assets
total operating revenue (net patient revenue) $2,589,779,490 $2,479,474,863 $2,046,532,968 $2,049,774,662 $1,948,330,283
non-operating revenue (non-patient revenue) $29,082,344 $47,140,642 $67,224,437 $6,678,416 $7,404,619
total assets (general fund only) $3,596,067,018 $3,465,829,011 $3,191,582,342 $2,775,349,603 $2,551,007,751
 
Long Term Debt to Net Assets 0.00 0.00 0.00 0.00 0.00
Definition: total long term liabilities / (total assets - total liabilities)
total long term liabilities (general fund only) $0 $0 $0 $0 $0
total assets (general fund only) $3,596,067,018 $3,465,829,011 $3,191,582,342 $2,775,349,603 $2,551,007,751
total liabilities (general fund only) $142,105,323 $251,944,136 $335,099,532 $131,274,323 $156,881,955
 
Total Debt to Net Assets 0.04 0.08 0.12 0.05 0.07
Definition: total liabilities / (total assets - total liabilities)
total assets (general fund only) $3,596,067,018 $3,465,829,011 $3,191,582,342 $2,775,349,603 $2,551,007,751
total liabilities (general fund only) $142,105,323 $251,944,136 $335,099,532 $131,274,323 $156,881,955
 
Average Age of Plant 0.0 0.0 0.0 0.0 0.0
Definition: accumulated depreciation / depreciation expense
accumulated depreciation $0 $0 $0 $0 $0
depreciation expense $87,327,032 $81,884,594 $73,430,152 $67,825,011 $62,734,862