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Short-term acute care hospital · Meeker, Colorado · 17 beds · CMS certification number 060041

Pioneers Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2007, settled, stamped by CMS July 14, 2009. Twelve years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$8.5M
$8,544,185 · G-3 line 3
Operating expenses
$10.0M
$10,041,323 · G-3 line 4
Result from patient care
−$1.5M
−$1,497,138 · G-3 line 5
Margin on patient care
−17.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.7M in its first year on file (1996) to $8.5M in 2007.
  • Its result from patient care: −$1.1M (2005), −$1.9M (2006), −$1.5M (2007).
  • 3 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 2007.

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

Twelve years of filings

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

Net patient revenueOperating expenses
1996
reopened
$3.7M
$4.7M
1997
reopened
$3.7M
$4.7M
1998
reopened
$3.9M
$5.1M
1999
settled
$4.5M
$5.3M
2000
settled
$4.7M
$5.9M
2001
settled
$4.8M
$6.0M
2002
settled
$5.2M
$5.8M
2003
settled
$6.2M
$6.8M
2004
settled
$6.3M
$7.7M
2005
settled
$7.8M
$8.9M
2006
settled
$8.2M
$10.0M
2007
settled
$8.5M
$10.0M

Beside its peers

Short-term acute care hospitals in Colorado with under 25 beds, each on fiscal year 2007.

HospitalBedsNet patient revenueOperating expensesMargin
Pioneers Hospital17$8,544,185$10,041,323−17.5%
Animas Surgical Hospital, Durango12$18,863,362$14,848,64821.3%
Keefe Memorial Hospital, Cheyenne Wells13$3,413,989$4,222,868−23.7%
National Jewish Health, Denver24$61,188,184$148,994,518−143.5%
Pikes Peak Regional Hospital, Woodland Park15$2,188,769$3,447,027−57.5%
St. Anthony Summit Hospital, Frisco22$44,816,950$33,867,51424.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2007.ZIP, form CMS-2552-96, filed under CMS certification number 060041.

How this page was built: the CMS Medicare cost report, file HOSPFY2007.ZIP, read July 14, 2009.