Hospital Financials

Five Year Trend Hospital Financial Reports

View Parts I, II and III of the Annual Report of hospital financial data over a five year period, as reported by Maine's non-governmental hospitals. This report includes Profitability, Liquidity, Capital Structure, Asset Efficiency and other common financial ratios. A summary of the financial ratios contained in the report's three parts is described below.

  1. Profitability Ratios: Provides information on the ability of the organization to produce a profit. Six measures of profitability are included: Operating Margin, Non-operating Revenue Margin, Total Margin, Return on Equity, Net Operating Income (Operating Surplus or Loss), and Total Surplus/Deficit (Total Surplus or Loss)
  2. Liquidity Ratios: Measures an organization’s ability to meet short-term obligations, collect receivables, and maintain cash position. Five measures of liquidity are included: Current Ratio (Without Board Designated and Undesignated Investments), Days in Accounts Receivable, Days Cash on Hand (Current), Days Cash on Hand (Including Board Designated and Undesignated Investments), and Average Payment Period (Current Liabilities)
  3. Capital Structure Ratios: Measures how an organization’s assets are financed, and its capacity to pay for new debt. Four capital structure ratios are included: Equity Financing, Debt Service Coverage, Cash Flow to Total Debt, and Fixed Asset Financing
  4. Asset Efficiency Ratios: Measures the relationship between revenue and assets. Two asset efficiency ratios are included: Total Asset Turnover and Fixed Asset Turnover
  5. Other: These ratios/data elements are included but cannot be classified into the other categories of financial ratios. One ratio and sixteen data elements from the financial data template are included: Average Age of Plant (Depreciation Only); Net Plant, Property, Equipment; Cash & Investments (Current Assets); Current Assets Whose Use is Limited; Trustee-held Investments; Board-Designated & Undesignated Investments; Fund Balance-Unrestricted; Temporarily Restricted Net Assets; Permanently Restricted Net Assets; Total Gross Patient Service Revenue; Net Patient Service Revenue; Total Non-operating Revenues; Bad Debt (Provision for Bad Debt); Free Care (Charity Care); Total Operating Expenses; Total Advertising Expenses; and Salaries and Benefits

Acknowledgements & Advisements

December 10, 2019 2018 Hospital Financial Reports Now Available

Reports

  • 2014 - 2018 Select Financial Information by Data Element/Ratio
    Part I is comprised of tables for select data elements and ratios containing all of Maine's non-governmental hospitals arrayed by hospital peer groups as determined by the Maine Hospital Association (MHA). The peer groups are based upon bed size, revenue, critical access designation (CAH) and specialty. When data are available, the tables include a comparison of the Maine (ME), Northeast, and U.S. median as reported from the 2018 INGENIX, "Almanac of Hospital and Financial & Operating Indicators", publication. The Northeast comparison includes the states of Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
  • 2014 - 2018 Select Financial Information by Hospital
    Part II includes tables containing select data elements and ratios for each of Maine's non-governmental hospitals.
  • 2014 - 2018 All Financial Information by Hospital
    Part III includes tables containing all data elements and ratios for each of Maine's non-governmental hospitals.

Financial datasets are available for purchase in Excel format. Call Debbie Dodge at (207) 287-6724 for more information.

Historical Data

Reports go back to 2005.

Additional Information