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Short-term acute care hospital · Fort Madison, Iowa · 50 beds · CMS certification number 160122

Fort Madison Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2021, settled, stamped by CMS March 19, 2024. 26 years on file, every one shown below.

Fiscal 2021 at a glance

Net patient revenue
$49.4M
$49,421,409 · G-3 line 3
Operating expenses
$58.1M
$58,064,241 · G-3 line 4
Result from patient care
−$8.6M
−$8,642,832 · G-3 line 5
Margin on patient care
−17.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.8M in its first year on file (1996) to $49.4M in 2021.
  • Its result from patient care: −$2.9M (2019), −$9.0M (2020), −$8.6M (2021).
  • 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 2021.

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

26 years of filings

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

Net patient revenueOperating expenses
1996
settled
$15.8M
$15.3M
1997
settled
$17.7M
$17.0M
1998
settled
$19.0M
$19.0M
1999
settled
$23.3M
$22.2M
2000
settled
$25.5M
$24.1M
2001
settled
$27.3M
$25.1M
2002
settled
$30.5M
$29.4M
2003
settled
$31.9M
$30.3M
2004
settled
$33.8M
$32.1M
2005
settled
$35.4M
$34.1M
2006
settled
$39.8M
$38.7M
2007
settled
$42.4M
$41.6M
2008
settled
$49.5M
$45.9M
2009
settled
$51.2M
$50.3M
2010
settled
$49.8M
$47.9M
2011
reopened
$48.6M
$49.0M
2012
reopened
$58.5M
$52.2M
2013
reopened
$57.9M
$52.6M
2014
settled
$61.5M
$55.8M
2015
settled
$60.3M
$56.5M
2016
settled
$60.1M
$58.0M
2017
settled
$54.3M
$59.1M
2018
reopened
$51.6M
$61.3M
2019
settled
$57.1M
$59.9M
2020
settled
$35.2M
$44.3M
2021
settled
$49.4M
$58.1M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Iowa first; each on fiscal year 2021.

HospitalBedsNet patient revenueOperating expensesMargin
Fort Madison Community Hospital50$49,421,409$58,064,241−17.5%
Keokuk Area Hospital, Keokuk49$10,526,149$16,867,959−60.3%
Ottumwa Regional Health Center, Ottumwa88$86,128,770$91,982,425−6.8%
St. Anthony Regional Hospital, Carroll49$76,090,120$88,339,603−16.1%
Finley Hospital, Dubuque87$121,037,150$109,187,4489.8%
Trinity Bettendorf, Bettendorf82$86,036,831$85,202,4651.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2020.ZIP, form CMS-2552-10, filed under CMS certification number 160122.

How this page was built: the CMS Medicare cost report, file HOSP10FY2020.ZIP, read March 19, 2024.