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Long-term care hospital · Madison, Indiana · 12 beds · CMS certification number 152005

Madison State Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2006, settled, stamped by CMS September 24, 2007. Ten years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$27.9M
$27,864,190 · G-3 line 3
Operating expenses
$30.1M
$30,075,234 · G-3 line 4
Result from patient care
−$2.2M
−$2,211,044 · G-3 line 5
Margin on patient care
−7.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.1M in its first year on file (1997) to $27.9M in 2006.
  • Its result from patient care: −$5.2M (2004), $21.5M (2005), −$2.2M (2006).
  • None of the 5 long-term care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2006.

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

Ten years of filings

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

Net patient revenueOperating expenses
1997
reopened
$5.1M
$21.9M
1998
settled
$7.2M
$22.9M
1999
reopened
$7.3M
$24.3M
2000
settled
$17.4M
$25.8M
2001
settled
$22.0M
$28.8M
2002
settled
$19.3M
$30.5M
2003
settled
$15.2M
$24.1M
2004
settled
$19.9M
$25.0M
2005
settled
$48.4M
$26.9M
2006
settled
$27.9M
$30.1M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Indiana first; each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
Madison State Hospital12$27,864,190$30,075,234−7.9%
Our Lady of Peace Hospital, South Bend32$11,606,407$9,316,84919.7%
SSH - Bloomington, Bloomington30$7,106,713$6,146,32613.5%
SSH - Fort Wayne, Fort Wayne32$14,821,966$11,702,51121.1%
St. Elizabeth Ann Seton Hospital, Kokomo31$12,137,900$10,976,6039.6%
Ascension St. Vincent Seton Specialty Hospital, Indianapolis29$16,527,775$12,941,31921.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 152005.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read September 24, 2007.