• 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 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Number of months in period 12 12 12 12 12
Cost report status As Submitted As Submitted Amended Reopened Reopened
 
EBITDAR - Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent $179,243,108 $241,949,739 $233,774,240 $218,923,158 $193,441,861
Definition: net income + interest + depreciation and amortization + lease cost
net income (before taxes) $101,521,849 $169,717,635 $166,540,647 $155,637,956 $131,354,078
interest expense $0 $0 $0 $0 $0
depreciation and amortization expense $73,430,152 $67,825,011 $62,734,862 $57,568,409 $62,087,783
lease cost $4,291,107 $4,407,093 $4,498,731 $5,716,793 $0
 
Operating Margin 1.7% 8.0% 8.2% 7.8% 6.6%
Definition: (tot oper rev - tot oper exp) / tot oper rev * 100
total operating revenue (net patient revenue) $2,046,532,968 $2,049,774,662 $1,948,330,283 $1,860,274,286 $1,778,688,616
total operating expense $2,012,235,556 $1,886,735,443 $1,789,194,255 $1,714,865,230 $1,661,137,264
 
Excess Margin 4.8% 8.3% 8.5% 8.3% 7.3%
Definition: (tot oper rev - tot oper exp + non-oper rev) / (tot oper rev + non-oper rev) * 100
total operating revenue (net patient revenue) $2,046,532,968 $2,049,774,662 $1,948,330,283 $1,860,274,286 $1,778,688,616
total operating expense $2,012,235,556 $1,886,735,443 $1,789,194,255 $1,714,865,230 $1,661,137,264
non-operating revenue (non-patient revenue) $67,224,437 $6,678,416 $7,404,619 $10,228,900 $13,802,726
 
Personnel Expense as a percent of Total Operating Revenue 27.7% 26.5% 27.5% 29.6% 29.7%
Definition: (salary expense + contract labor + fringe benefits ) / total operating rev * 100
salary expense $565,539,241 $533,169,309 $504,177,629 $513,899,694 $495,494,785
contract labor $1,521,289 $9,154,717 $31,561,567 $36,985,401 $33,231,477
fringe benefits $12,295 $1,549 $56,328 $40,706 $89,528
total operating revenue (net patient revenue) $2,046,532,968 $2,049,774,662 $1,948,330,283 $1,860,274,286 $1,778,688,616
 
Return on Equity 3.6% 6.4% 7.0% 7.3% 7.1%
Definition: net income / (total assets - total liabilities) * 100
net income (before taxes) $101,521,849 $169,717,635 $166,540,647 $155,637,956 $131,354,078
total assets (general fund only) $3,191,582,342 $2,775,349,603 $2,551,007,751 $2,272,070,117 $1,986,186,431
total liabilities (general fund only) $335,099,532 $131,274,323 $156,881,955 $130,550,044 $129,728,662
 
Return on Assets (ROA) 3.2% 6.1% 6.5% 6.9% 6.6%
Definition: net income / total assets * 100
net income (before taxes) $101,521,849 $169,717,635 $166,540,647 $155,637,956 $131,354,078
total assets (general fund only) $3,191,582,342 $2,775,349,603 $2,551,007,751 $2,272,070,117 $1,986,186,431
 
Current Ratio 0.8 2.2 1.7 2.1 2.1
Definition: total current assets / total current liabilities
total current assets (general fund only) $283,899,480 $284,438,409 $268,217,357 $278,774,000 $269,105,915
total current liabilities (general fund only) $335,099,532 $131,274,323 $156,881,955 $130,550,044 $129,728,662
 
Quick Ratio 0.7 1.7 1.4 1.8 1.7
Definition: (total current assets - inventory) / total current liabilities
total current assets (general fund only) $283,899,480 $284,438,409 $268,217,357 $278,774,000 $269,105,915
inventory (general fund only) $59,958,395 $56,299,747 $54,383,711 $48,251,315 $48,072,804
total current liabilities (general fund only) $335,099,532 $131,274,323 $156,881,955 $130,550,044 $129,728,662
 
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) $9,000 $9,000 $8,900 $8,830 $54,780
market securities (temporary investments) (general fund only) $0 $0 $0 $0 $0
total operating expense $2,012,235,556 $1,886,735,443 $1,789,194,255 $1,714,865,230 $1,661,137,264
depreciation expense $73,430,152 $67,825,011 $62,734,862 $57,568,409 $62,087,783
 
Days Cash on Hand - All Sources 0.0 0.5 0.7 10.4 8.5
Definition: (cash on hand + mkt securities + investments) / [(total operatingexp - depreciation exp) / 365]
cash on hand (general fund only) $9,000 $9,000 $8,900 $8,830 $54,780
market securities (temporary investments) (general fund only) $0 $0 $0 $0 $0
investments (general fund only) $0 $2,545,313 $3,072,541 $47,343,291 $37,191,725
total operating expense $2,012,235,556 $1,886,735,443 $1,789,194,255 $1,714,865,230 $1,661,137,264
depreciation expense $73,430,152 $67,825,011 $62,734,862 $57,568,409 $62,087,783
 
Days in Net Patient Accounts Receivable 39.6 40.1 39.5 44.7 44.8
Definition: (accounts receivable - allowances for uncollectible) / (total operating revenue / 365)
accounts receivable (general fund only) $1,140,764,600 $1,123,254,055 $1,031,200,803 $989,665,986 $899,255,973
allowances for uncollectible (general fund only) $918,996,527 $897,968,272 $820,248,238 $761,794,462 $681,103,473
total operating revenue (net patient revenue) $2,046,532,968 $2,049,774,662 $1,948,330,283 $1,860,274,286 $1,778,688,616
 
Days in Net Total Receivable 39.7 40.2 39.6 44.8 44.9
Definition: (accounts receivable + notes receivable + other receivables - allowances for uncollectible) / (total operating revenue / 365)
accounts receivable (general fund only) $1,140,764,600 $1,123,254,055 $1,031,200,803 $989,665,986 $899,255,973
notes receivable (general fund only) $0 $0 $0 $0 $0
other receivables (general fund only) $723,711 $440,000 $450,000 $552,000 $460,563
allowances for uncollectible (general fund only) $918,996,527 $897,968,272 $820,248,238 $761,794,462 $681,103,473
total operating revenue (net patient revenue) $2,046,532,968 $2,049,774,662 $1,948,330,283 $1,860,274,286 $1,778,688,616
 
Average Payment Period (days) 63.1 26.3 33.2 28.8 29.6
Definition: total current liabilities / [(total operating expenses + total other expenses - depreciation) / 365]
total current liabilities (general fund only) $335,099,532 $131,274,323 $156,881,955 $130,550,044 $129,728,662
total operating expense $2,012,235,556 $1,886,735,443 $1,789,194,255 $1,714,865,230 $1,661,137,264
total other expense $0 $0 $0 $0 $0
depreciation expense $73,430,152 $67,825,011 $62,734,862 $57,568,409 $62,087,783
 
Inventory Turnover 35.3 36.5 36.0 38.8 37.3
Definition: (total operating revenue + non-operating revenue) / inventory
total operating revenue (net patient revenue) $2,046,532,968 $2,049,774,662 $1,948,330,283 $1,860,274,286 $1,778,688,616
non-operating revenue (non-patient revenue) $67,224,437 $6,678,416 $7,404,619 $10,228,900 $13,802,726
inventory (general fund only) $59,958,395 $56,299,747 $54,383,711 $48,251,315 $48,072,804
 
Total Asset Turnover 0.7 0.7 0.8 0.8 0.9
Definition: (total operating revenue + non-operating revenue) / total assets
total operating revenue (net patient revenue) $2,046,532,968 $2,049,774,662 $1,948,330,283 $1,860,274,286 $1,778,688,616
non-operating revenue (non-patient revenue) $67,224,437 $6,678,416 $7,404,619 $10,228,900 $13,802,726
total assets (general fund only) $3,191,582,342 $2,775,349,603 $2,551,007,751 $2,272,070,117 $1,986,186,431
 
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) $3,191,582,342 $2,775,349,603 $2,551,007,751 $2,272,070,117 $1,986,186,431
total liabilities (general fund only) $335,099,532 $131,274,323 $156,881,955 $130,550,044 $129,728,662
 
Total Debt to Net Assets 0.12 0.05 0.07 0.06 0.07
Definition: total liabilities / (total assets - total liabilities)
total assets (general fund only) $3,191,582,342 $2,775,349,603 $2,551,007,751 $2,272,070,117 $1,986,186,431
total liabilities (general fund only) $335,099,532 $131,274,323 $156,881,955 $130,550,044 $129,728,662
 
Average Age of Plant 0.0 0.0 0.0 0.0 13.4
Definition: accumulated depreciation / depreciation expense
accumulated depreciation $0 $0 $0 $0 $830,246,886
depreciation expense $73,430,152 $67,825,011 $62,734,862 $57,568,409 $62,087,783