• See column headings for cost reporting periods. / Definitions
Sample Hospital
Louisville, KY  11111
CMS Certification Number: 000000

Sample Report | Order Information

Financial Indicators

Period ending date 12/31/2017 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Number of months in period 12 12 12 12 12
Cost report status As Submitted Amended Settled Without Audit Reopened Reopened
 
EBITDAR - Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent $218,923,158 $193,441,861 $196,654,660 $249,732,790 $193,348,660
Definition: net income + interest + depreciation and amortization + lease cost
net income (before taxes) $155,637,956 $131,354,078 $137,362,553 $187,357,623 $131,630,481
interest expense1 $0 $0 $0 $0 $0
depreciation and amortization expense1 $57,568,409 $62,087,783 $59,292,107 $62,375,167 $61,718,179
lease cost $5,716,793 $0 $0 $0 $0
 
Operating Margin 7.8% 6.6% 6.8% 11.7% 6.9%
Definition: (tot oper rev - tot oper exp) / tot oper rev * 100
total operating revenue (net patient revenue) $1,860,274,286 $1,778,688,616 $1,712,203,009 $1,586,076,833 $1,466,833,620
total operating expense $1,714,865,230 $1,661,137,264 $1,596,004,262 $1,399,901,765 $1,365,798,200
 
Excess Margin 8.3% 7.3% 7.9% 13.0% 8.8%
Definition: (tot oper rev - tot oper exp + non-oper rev) / (tot oper rev + non-oper rev) * 100
total operating revenue (net patient revenue) $1,860,274,286 $1,778,688,616 $1,712,203,009 $1,586,076,833 $1,466,833,620
total operating expense $1,714,865,230 $1,661,137,264 $1,596,004,262 $1,399,901,765 $1,365,798,200
non-operating revenue (non-patient revenue) $10,228,900 $13,802,726 $21,163,806 $23,854,867 $31,188,124
 
Personnel Expense as a percent of Total Operating Revenue 29.6% 29.7% 35.4% 35.3% 39.1%
Definition: (salary expense + contract labor + fringe benefits ) / total operating rev * 100
salary expense $513,899,694 $495,494,785 $461,050,595 $429,095,422 $428,084,336
contract labor $36,989,201 $33,231,477 $144,237,314 $130,889,262 $145,301,087
fringe benefits $40,706 $89,528 $77,490 $88,723 $81,725
total operating revenue (net patient revenue) $1,860,274,286 $1,778,688,616 $1,712,203,009 $1,586,076,833 $1,466,833,620
 
Return on Equity 7.3% 7.1% 8.6% 14.0% 11.5%
Definition: net income / (total assets - total liabilities) * 100
net income (before taxes) $155,637,956 $131,354,078 $137,362,553 $187,357,623 $131,630,481
total assets (general fund only) $2,272,070,117 $1,986,186,431 $1,716,731,667 $1,440,612,020 $1,238,589,907
total liabilities (general fund only) $130,550,044 $129,728,662 $120,159,373 $101,785,629 $96,551,519
 
Return on Assets (ROA) 6.9% 6.6% 8.0% 13.0% 10.6%
Definition: net income / total assets * 100
net income (before taxes) $155,637,956 $131,354,078 $137,362,553 $187,357,623 $131,630,481
total assets (general fund only) $2,272,070,117 $1,986,186,431 $1,716,731,667 $1,440,612,020 $1,238,589,907
 
Current Ratio 2.1 2.1 2.2 2.4 2.2
Definition: total current assets / total current liabilities
total current assets (general fund only) $278,774,000 $269,105,915 $265,779,336 $243,718,788 $217,141,619
total current liabilities (general fund only) $130,550,044 $129,728,662 $120,159,373 $101,785,629 $96,551,519
 
Quick Ratio 1.8 1.7 1.8 1.9 1.8
Definition: (total current assets - inventory) / total current liabilities
total current assets (general fund only) $278,774,000 $269,105,915 $265,779,336 $243,718,788 $217,141,619
inventory (general fund only) $48,251,315 $48,072,804 $45,577,954 $47,217,810 $44,616,845
total current liabilities (general fund only) $130,550,044 $129,728,662 $120,159,373 $101,785,629 $96,551,519
 
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) $8,830 $54,780 $41,394 $33,384 $34,414
market securities (temporary investments) (general fund only) $0 $0 $0 $0 $0
total operating expense $1,714,865,230 $1,661,137,264 $1,596,004,262 $1,399,901,765 $1,365,798,200
depreciation expense1 $57,568,409 $62,087,783 $59,292,107 $62,375,167 $61,718,179
 
Days Cash on Hand - All Sources 10.4 8.5 6.5 6.1 1.7
Definition: (cash on hand + mkt securities + investments) / [(total operatingexp - depreciation exp) / 365]
cash on hand (general fund only) $8,830 $54,780 $41,394 $33,384 $34,414
market securities (temporary investments) (general fund only) $0 $0 $0 $0 $0
investments (general fund only) $47,343,291 $37,191,725 $27,519,373 $22,456,088 $5,943,972
total operating expense $1,714,865,230 $1,661,137,264 $1,596,004,262 $1,399,901,765 $1,365,798,200
depreciation expense1 $57,568,409 $62,087,783 $59,292,107 $62,375,167 $61,718,179
 
Days in Net Patient Accounts Receivable 44.7 44.8 46.5 44.3 42.5
Definition: (accounts receivable - allowances for uncollectible) / (total operating revenue / 365)
accounts receivable (general fund only) $989,665,986 $899,255,973 $931,107,605 $815,926,227 $727,629,654
allowances for uncollectible (general fund only) $761,794,462 $681,103,473 $712,972,450 $623,228,751 $556,998,841
total operating revenue (net patient revenue) $1,860,274,286 $1,778,688,616 $1,712,203,009 $1,586,076,833 $1,466,833,620
 
Days in Net Total Receivable 44.8 44.9 46.6 44.9 42.6
Definition: (accounts receivable + notes receivable + other receivables - allowances for uncollectible) / (total operating revenue / 365)
accounts receivable (general fund only) $989,665,986 $899,255,973 $931,107,605 $815,926,227 $727,629,654
notes receivable (general fund only) $0 $0 $0 $0 $0
other receivables (general fund only) $552,000 $460,563 $358,583 $2,424,505 $579,752
allowances for uncollectible (general fund only) $761,794,462 $681,103,473 $712,972,450 $623,228,751 $556,998,841
total operating revenue (net patient revenue) $1,860,274,286 $1,778,688,616 $1,712,203,009 $1,586,076,833 $1,466,833,620
 
Average Payment Period (days) 28.8 29.6 28.5 27.3 27.0
Definition: total current liabilities / [(total operating expenses + total other expenses - depreciation) / 365]
total current liabilities (general fund only) $130,550,044 $129,728,662 $120,159,373 $101,785,629 $96,551,519
total operating expense $1,714,865,230 $1,661,137,264 $1,596,004,262 $1,399,901,765 $1,365,798,200
total other expense $0 $0 $0 $22,672,312 $593,063
depreciation expense1 $57,568,409 $62,087,783 $59,292,107 $62,375,167 $61,718,179
 
Inventory Turnover 38.8 37.3 38.0 34.1 33.6
Definition: (total operating revenue + non-operating revenue) / inventory
total operating revenue (net patient revenue) $1,860,274,286 $1,778,688,616 $1,712,203,009 $1,586,076,833 $1,466,833,620
non-operating revenue (non-patient revenue) $10,228,900 $13,802,726 $21,163,806 $23,854,867 $31,188,124
inventory (general fund only) $48,251,315 $48,072,804 $45,577,954 $47,217,810 $44,616,845
 
Total Asset Turnover 0.8 0.9 1.0 1.1 1.2
Definition: (total operating revenue + non-operating revenue) / total assets
total operating revenue (net patient revenue) $1,860,274,286 $1,778,688,616 $1,712,203,009 $1,586,076,833 $1,466,833,620
non-operating revenue (non-patient revenue) $10,228,900 $13,802,726 $21,163,806 $23,854,867 $31,188,124
total assets (general fund only) $2,272,070,117 $1,986,186,431 $1,716,731,667 $1,440,612,020 $1,238,589,907
 
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) $2,272,070,117 $1,986,186,431 $1,716,731,667 $1,440,612,020 $1,238,589,907
total liabilities (general fund only) $130,550,044 $129,728,662 $120,159,373 $101,785,629 $96,551,519
 
Total Debt to Net Assets 0.06 0.07 0.08 0.08 0.08
Definition: total liabilities / (total assets - total liabilities)
total assets (general fund only) $2,272,070,117 $1,986,186,431 $1,716,731,667 $1,440,612,020 $1,238,589,907
total liabilities (general fund only) $130,550,044 $129,728,662 $120,159,373 $101,785,629 $96,551,519
 
Average Age of Plant 0.0 13.4 0.0 11.6 10.8
Definition: accumulated depreciation / depreciation expense
accumulated depreciation1 $0 $830,246,886 $0 $721,080,037 $669,190,670
depreciation expense1 $57,568,409 $62,087,783 $59,292,107 $62,375,167 $61,718,179
  1. Please note:
    Hospitals receiving 100% Federal prospective payment for capital were not required to complete Parts III - IV of Worksheet A-7 for cost reports beginning on or after October 1, 2001 and ending before February 29, 2004.  All other hospitals must complete Parts III and IV for all cost reporting periods ending on or after April 30, 2005.  This worksheet is the source of interest, depreciation, and amortization expense.