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Short-term acute care hospital · Hope, Arkansas · 66 beds · CMS certification number 040091

Medical Park Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2011, settled, stamped by CMS November 15, 2024. Fourteen years on file, every one shown below.

Fiscal 2011 at a glance

Net patient revenue
$18.1M
$18,111,474 · G-3 line 3
Operating expenses
$21.6M
$21,640,076 · G-3 line 4
Result from patient care
−$3.5M
−$3,528,602 · G-3 line 5
Margin on patient care
−19.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $18.8M in its first year on file (1998) to $18.1M in 2011.
  • Its result from patient care: −$3.9M (2009), −$138K (2010), −$3.5M (2011).
  • 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 2011.
  • Medicaid paid for 17.7% of its inpatient days and Medicare for 65.8%.

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

Fourteen years of filings

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

Net patient revenueOperating expenses
1998
as submitted
$18.8M
$25.2M
1999
settled
$17.5M
$8.1M
2000
reopened
not filed
$17.9M
2001
reopened
$20.4M
$20.7M
2002
settled
$26.3M
$23.9M
2003
reopened
$26.8M
$26.4M
2004
settled
$26.9M
$26.7M
2005
reopened
$29.4M
$25.7M
2006
reopened
$20.3M
$22.9M
2007
reopened
$19.8M
$24.6M
2008
reopened
$27.2M
$29.4M
2009
reopened
$27.9M
$31.7M
2010
settled
$28.1M
$28.2M
2011
settled
$18.1M
$21.6M

Beside its peers

Short-term acute care hospitals in Arkansas with 50 to 99 beds, each on fiscal year 2011.

HospitalBedsNet patient revenueOperating expensesMargin
Medical Park Hospital66$18,111,474$21,640,076−19.5%
Forrest City Medical Center, Forrest City52$30,228,024$34,590,318−14.4%
Baptist Health Medical Center - Hot Spring County, Malvern58$17,878,091$19,293,179−7.9%
Johnson Regional Medical Center, Clarksville58$32,257,200$34,697,437−7.6%
Ouachita County Medical Center, Camden87$35,781,462$30,713,44714.2%
St. Vincent Medical Center North, Sherwood58$34,803,832$36,307,874−4.3%

Patients and payers

Discharges
1,630
S-3 line 14, col 15
Inpatient days
6,642
S-3 line 14, col 8
Beds in use, on an average day
18.2
days ÷ days in year
Occupancy
27.6%
days ÷ bed days
Medicare share of days
65.8%
S-3 cols 6 ÷ 8
Medicaid share of days
17.7%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: proprietary, corporation.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 040091. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2011.ZIP, read November 15, 2024.