• 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 Amended Settled With Audit Reopened 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 expense $0 $0 $0 $0 $0
depreciation and amortization expense $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 expense $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 expense $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 expense $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 depreciation $0 $830,246,886 $0 $721,080,037 $669,190,670
depreciation expense $57,568,409 $62,087,783 $59,292,107 $62,375,167 $61,718,179