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Short-term acute care hospital · Florence, Alabama · 100 beds · CMS certification number 010123

Florence Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 1998, reopened, stamped by CMS December 5, 2000. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$11.8M
$11,789,131 · G-3 line 3
Operating expenses
$14.5M
$14,489,865 · G-3 line 4
Result from patient care
−$2.7M
−$2,700,734 · G-3 line 5
Margin on patient care
−22.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $23.7M in its first year on file (1996) to $11.8M in 1998.
  • Its result from patient care: $1.4M (1996), $1.5M (1997), −$2.7M (1998).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 1998.

Every statement is drawn from figures on this page; nothing is estimated.

Three years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
settled
$23.7M
$22.2M
1997
settled
$19.8M
$18.3M
1998
reopened
$11.8M
$14.5M

Beside its peers

Short-term acute care hospitals in Alabama with 100 to 199 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Florence Regional Medical Center100$11,789,131$14,489,865−22.9%
Blount Memorial Hospital, Oneonta101$13,736,620$14,802,158−7.8%
Marshall Medical Center North, Guntersville104$27,130,137$31,436,483−15.9%
Crestwood Medical Center, Huntsville102$61,646,862$41,727,63132.3%
Thomas Hospital, Fairhope103$39,952,206$40,315,629−0.9%
Usa Knollwood Park Hospital, Mobile100$28,276,215$32,346,543−14.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 010123.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read December 5, 2000.