Median days cash on hand dipped to a 10-year low for U.S. hospitals and health systems, according to an Aug. 7 S&P Global Ratings' report.
For the first time in the last decade, average days cash on hand dropped below 200 to 196.8, according to the report. The upper half of U.S.-based nonprofit acute healthcare providers reported an average of 292 days while the lower half reported 128 days on average.
Here are the days of cash on hand at 35 health systems as of June 30, according to their most recent financial reports.
Note: This is not a comprehensive list.
- Mayo Clinic (Rochester, Minn.): 361, up from 358 on Dec. 31.
- Scripps Health (San Diego): 360.4, up from 307.1 on Sept. 30.
- New-York Presbyterian (New York City): 351.7, up from 345.2 on Dec. 31.
- MyMichigan Health (Midland, Mich.): 313, up from 292 on June 30, 2023.
- Cleveland Clinic: 312, down from 316 on Dec. 31.
- Sarasota (Fla.) Memorial Health Care System: 291, down from 295 on June 30, 2023.
- Advocate Health (Charlotte, N.C.): 266, down from 268 on Dec. 31.
- Renown Health (Reno, Nev.): 253, up from 250.8 on June 30, 2023.
- Piedmont Healthcare (Atlanta): 241, up from 204 on June 30, 2023.
- UnityPoint Health (West Des Moines, Iowa): 236, down from 246 on Dec. 31.
- TidalHealth (Salisbury, Md.): 225.2, up from 203.5 on June 30, 2023.
- Carle Health (Urbana, Ill.): 210.2, up from 208.6 on June 30, 2023.
- Bon Secours Mercy Health (Cincinnati): 210, down from 221 on Dec. 31.
- Corewell Health (Grand Rapids and Southfield, Mich.): 209.6, up from 205.1 on Dec. 31.
- Altru Health (Grand Forks, N.D.): 206.1, up from 181.2 on June 30, 2023.
- PeaceHealth (Vancouver, Wash.): 201, down from 220 on June 30, 2023.
- Cone Health (Greensboro, N.C.): 195, up from 178 on June 30, 2023.
- Ascension (St. Louis): 194, down from 211 days on June 30, 2023.
- Centra Health (Lynchburg, Va.): 191.7, down from 211.9 on June 30, 2023.
- Allina Health (Minneapolis): 172 days cash, down from 174 on Dec. 31.
- Prisma Health (Greenville, S.C.): 158, up from 125 on Sept. 30.
- CommonSpirit (Chicago): 156, down from 166 on June 30, 2023.
- Dartmouth Health (Lebanon, N.H.): 144, up from 126 on June 30, 2023.
- Premier Health (Dayton, Ohio): 143, up from 141 on June 30, 2023.
- Henry Ford Health (Detroit): 140, down from 144 on Dec. 31.
- SSM Health (St. Louis): 138.3, down from 139.2 on Dec. 31.
- Temple University Health System (Philadelphia): 124, down from 126 on June 30, 2023.
- ProMedica (Toledo, Ohio): 118.6, up from 99.6 on Dec. 31.
- Ochsner Health (New Orleans): 112, down from 116 on Dec. 31.
- Butler (Pa.) Health System: 110.2, down from 115.6 on June 30, 2023.
- Rochester (N.Y.) Regional Health: 102, down from 105 on June 30, 2023.
- Providence (Renton, Wash.): 101, down from 107 on Dec. 31.
- UPMC (Pittsburgh): 98, down from 109 on Dec. 31.
- Vanderbilt University Medical Center (Nashville, Tenn.): 96.9, up from 91.8 on June 30, 2023.
- Northwell Health (New Hyde Park, N.Y): 90, down from 95 on Dec. 31.