Short-term acute care hospital · Chariton, Iowa · 25 beds · CMS certification number 160061

Lucas County Health Center

Latest filing: fiscal year ended July 31, 2002, reopened, stamped by CMS November 30, 2004. Six years on file, all shown below.

Fiscal 2002 at a glance

Net patient revenue $7.8M $7,756,368 · G-3 line 3

Operating expenses $10.8M $10,838,700 · G-3 line 4

Result from patient care −$3.1M −$3,082,332 · G-3 line 5

Margin on patient care −39.7% line 5 ÷ line 3, same filing

Net patient revenue rose from $7.0M in its first year on file (1997) to $7.8M in 2002.
Its result from patient care: −$969K (2000), −$2.5M (2001), −$3.1M (2002).
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 2002.

Net patient revenueOperating expenses

1997 settled margin −37.2% $7.0M $9.6M

1998 settled margin −11.8% $7.9M $8.8M

1999 settled margin −18.4% $6.9M $8.2M

2000 settled margin −12.6% $7.7M $8.7M

2001 settled margin −36.4% $6.8M $9.3M

2002 reopened margin −39.7% $7.8M $10.8M

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

Hospital Beds Net patient revenue Operating expenses Margin

Lucas County Health Center 25 $7,756,368 $10,838,700 −39.7%

Hegg Memorial Health Center, Rock Valley 28 $4,529,280 $4,267,894 5.8%

Humboldt County Memorial Hospital, Humboldt 25 $4,436,867 $4,862,375 −9.6%

Mercy Hospital of Franciscan Sisters, Oelwein 25 $8,931,000 $9,550,976 −6.9%

Northwest Iowa Health Center, Sheldon 28 $13,645,495 $13,438,528 1.5%

Wayne County Hospital, Corydon 28 $7,684,887 $8,350,460 −8.7%

File HOSPFY2001.ZIP, form CMS-2552-96, CMS certification number 160061.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read November 30, 2004.