Velarion Records

Short-term acute care hospital · Nevada, Iowa · 42 beds · CMS certification number 160088

Story County Hospital

Latest filing: fiscal year ended June 30, 2001, reopened, stamped by CMS July 19, 2006. Five years on file, all shown below.

Fiscal 2001 at a glance

Net patient revenue $7.5M $7,491,319 · G-3 line 3
Operating expenses $9.1M $9,117,159 · G-3 line 4
Result from patient care −$1.6M −$1,625,840 · G-3 line 5
Margin on patient care −21.7% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.3M in its first year on file (1997) to $7.5M in 2001.
  • Its result from patient care: −$1.1M (1999), −$1.2M (2000), −$1.6M (2001).
  • 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 2001.

How these statements are drawn

Five years of filings

Net patient revenueOperating expenses

1997 settled margin −17.1% $5.3M $6.3M

1998 settled margin −13.7% $6.3M $7.1M

1999 settled margin −16.8% $6.5M $7.6M

2000 settled margin −16.0% $7.4M $8.6M

2001 reopened margin −21.7% $7.5M $9.1M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, fiscal year 2001.

Hospital Beds Net patient revenue Operating expenses Margin

Story County Hospital 42 $7,491,319 $9,117,159 −21.7%

Lakes Regional Healthcare, Spirit Lake 44 $16,919,019 $16,706,398 1.3%

Horn Memorial Hospital - Ida Grove, Ida Grove 42 $6,820,943 $6,640,487 2.6%

Marengo Memorial Hospital, Marengo 44 $2,192,662 $2,745,160 −25.2%

Shenandoah Memorial Hospital, Shenandoah 43 $12,068,572 $12,506,626 −3.6%

Sioux Valley Memorial Hosp-Cherokee, Cherokee 40 $12,391,574 $12,662,829 −2.2%

Follow Story County Hospital, free

More short-term acute care hospitals in Iowa

File HOSPFY2000.ZIP, form CMS-2552-96, CMS certification number 160088.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read July 19, 2006.