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Short-term acute care hospital · Needles, California · 39 beds · CMS certification number 050469

Colorado River Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2005, settled, stamped by CMS March 9, 2007. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$26.6M
$26,584,136 · G-3 line 3
Operating expenses
$23.8M
$23,777,153 · G-3 line 4
Result from patient care
$2.8M
$2,806,983 · G-3 line 5
Margin on patient care
10.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $11.4M in its first year on file (1997) to $26.6M in 2005.
  • Its result from patient care: $3.9M (2003), $5.7M (2004), $2.8M (2005).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
settled
$11.4M
$14.6M
1998
reopened
$17.2M
$15.5M
1999
reopened
$18.3M
$17.1M
2000
reopened
$19.6M
$18.0M
2001
reopened
$23.5M
$21.6M
2002
reopened
$22.5M
$20.4M
2003
settled
$26.0M
$22.1M
2004
settled
$27.9M
$22.2M
2005
settled
$26.6M
$23.8M

Beside its peers

Short-term acute care hospitals in California with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Colorado River Medical Center39$26,584,136$23,777,15310.6%
Community Hospital of Gardena, Gardena38$6,592,455$7,549,896−14.5%
Lanterman Developmental Center, Pomona39$128,381,226$130,981,298−2.0%
Mee Memorial Hospital, King City41$40,711,759$42,146,276−3.5%
Northern Inyo Hospital, Bishop40$36,309,465$34,400,5335.3%
Valley Plaza Doctors Hospital, Perris41$8,637,941$12,875,550−49.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 050469.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read March 9, 2007.