Identify 2 (two) items not included in (or derived from) the financial statements that you think would be important in analyzing the health care organization's financial well-being.

Transcribed Image Text:

Stanford Health Care Consolidated Balance Sheets August 31, 2023 and 2022 (in thousands of dollars) 2023 2022 Assets Current assets: Cash and cash equivalents $ 611,592 $ 536,803 Short term investments 73,957 72,009 Patient accounts receivable, net 1,042,786 1,023,568 Other receivables 141,847 115,203 Inventories 111,726 107,750 Prepaid expenses and other 131,202 136,216 Due from Lucile Salter Packard Children's Hospital at Stanford 17,315 Total current assets 2,130,425 1,991,549 Investments 1,987,069 1,827,594 Investments at equity 235,073 166,689 Investments in University managed pools 2,587,499 2,504,088 Assets limited as to use for capital projects & other long-term purposes 44,856 Property and equipment, net 3,875,677 3,725,488 Right of use lease assets 318,150 247,572 Due from Stanford University - housing loans Other assets 186,726 149,627 51,136 51,571 Total assets $ 11,416,611 $ 10,664,178 Liabilities and Net Assets Current liabilities: Accounts payable and accrued liabilities $ 625,120 $ 623,232 Accrued salaries and related benefits Due to related parties Due to Stanford University Third-party payor settlements Current portion of long-term debt Debt subject to remarketing arrangements 467,582 482,073 218,641 238,778 69,124 63,324 13,475 17,065 168,200 168,200 Operating lease liabilities, current 69,335 73,742 Self-insurance reserves and other 116,798 97,400 Total current liabilities 1,768,412 1,743,677 Self-insurance reserves and other, net of current portion 236,193 221,878 Swap liabilities 86,262 145,906 Operating lease liabilities, net of current portion 260,677 187,592 Other long-term liabilities 139,462 137,195 Long-term debt, net of current portion 2,088,770 2,110,072 4,579,776 4,546,320 Total liabilities Net assets: Without donor restrictions: Attributable to Stanford Health Care Noncontrolling interests Total without donor restrictions With donor restrictions Total net assets Total liabilities and net assets 6,658,752 40,154 6,698,906 5,934,103 38,657 5,972,760 137,929 6,836,835 $ 11,416,611 145,098 6,117,858 $ 10,664,178 The accompanying notes are an integral part of these consolidated financial statements. Stanford Health Care Consolidated Balance Sheets August 31, 2023 and 2022 (in thousands of dollars) 2023 2022 Assets Current assets: Cash and cash equivalents $ 611,592 $ 536,803 Short term investments 73,957 72,009 Patient accounts receivable, net 1,042,786 1,023,568 Other receivables 141,847 115,203 Inventories 111,726 107,750 Prepaid expenses and other 131,202 136,216 Due from Lucile Salter Packard Children's Hospital at Stanford 17,315 Total current assets 2,130,425 1,991,549 Investments 1,987,069 1,827,594 Investments at equity 235,073 166,689 Investments in University managed pools 2,587,499 2,504,088 Assets limited as to use for capital projects & other long-term purposes 44,856 Property and equipment, net 3,875,677 3,725,488 Right of use lease assets 318,150 247,572 Due from Stanford University - housing loans Other assets 186,726 149,627 51,136 51,571 Total assets $ 11,416,611 $ 10,664,178 Liabilities and Net Assets Current liabilities: Accounts payable and accrued liabilities $ 625,120 $ 623,232 Accrued salaries and related benefits Due to related parties Due to Stanford University Third-party payor settlements Current portion of long-term debt Debt subject to remarketing arrangements 467,582 482,073 218,641 238,778 69,124 63,324 13,475 17,065 168,200 168,200 Operating lease liabilities, current 69,335 73,742 Self-insurance reserves and other 116,798 97,400 Total current liabilities 1,768,412 1,743,677 Self-insurance reserves and other, net of current portion 236,193 221,878 Swap liabilities 86,262 145,906 Operating lease liabilities, net of current portion 260,677 187,592 Other long-term liabilities 139,462 137,195 Long-term debt, net of current portion 2,088,770 2,110,072 4,579,776 4,546,320 Total liabilities Net assets: Without donor restrictions: Attributable to Stanford Health Care Noncontrolling interests Total without donor restrictions With donor restrictions Total net assets Total liabilities and net assets 6,658,752 40,154 6,698,906 5,934,103 38,657 5,972,760 137,929 6,836,835 $ 11,416,611 145,098 6,117,858 $ 10,664,178 The accompanying notes are an integral part of these consolidated financial statements.