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Short-term acute care hospital · Rifle, Colorado · 32 beds · CMS certification number 060042

Clagett Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2002, reopened, stamped by CMS April 13, 2006. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$13.9M
$13,936,477 · G-3 line 3
Operating expenses
$15.5M
$15,498,198 · G-3 line 4
Result from patient care
−$1.6M
−$1,561,721 · G-3 line 5
Margin on patient care
−11.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.2M in its first year on file (1996) to $13.9M in 2002.
  • Its result from patient care: $1.2M (2000), −$1.1M (2001), −$1.6M (2002).
  • 2 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$6.2M
$7.0M
1997
settled
$6.8M
$8.0M
1998
settled
$8.7M
$8.9M
1999
settled
$9.7M
$10.2M
2000
settled
$12.4M
$11.2M
2001
reopened
$12.6M
$13.7M
2002
reopened
$13.9M
$15.5M

Beside its peers

Short-term acute care hospitals in Colorado with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Clagett Memorial Hospital32$13,936,477$15,498,198−11.2%
Mt. San Rafael Hospital, Trinidad32$13,085,801$12,658,5573.3%
Salida Hospital District, Salida36$17,509,894$17,065,0862.5%
Sempercare Hospital of Colorado Spri, Colorado Springs31$1,771,188$2,235,964−26.2%
St. Vincent General Hospital, Leadville35$10,718,368$11,461,005−6.9%
Sterling Regional Medcenter, Sterling36$35,662,840$34,102,0034.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 060042.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read April 13, 2006.