Data on Rural Hospitals

Assets Available to Cover Losses

This table shows the extent to which a hospital has assets available to cover financial losses.

• Current Net Assets is calculated by subtracting the hospital’s Current Liabilities (e.g., accounts payable) from its Current Assets (e.g., cash and accounts receivable).

• Total Net Assets (excluding Fixed Assets) is calculated by subtracting the hospital’s Current Liabilities and Long-Term Liabilities (e.g., long-term debt) from the sum of its Current Assets and Other Assets (e.g., investments). Fixed Assets (e.g., the hospital building) are not included since using fixed assets to pay for financial losses would require sale of parts of the hospital facility.

The Total Expenses and Net Assets amounts shown are for the most recent Cost Report available as of April 2023. The Patient Service Margin and Total Margin represent the averages from the three most recent Cost Reports available, excluding 2020 because of the unusual changes in costs and revenues during the initial months of the coronavirus pandemic.

Additional details on the methodology are available in the Methodology section.