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Short-term acute care hospital · Lemars, Iowa · 44 beds · CMS certification number 160140

Floyd Valley Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2005, settled, stamped by CMS July 19, 2006. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$8.7M
$8,720,162 · G-3 line 3
Operating expenses
$9.8M
$9,808,196 · G-3 line 4
Result from patient care
−$1.1M
−$1,088,034 · G-3 line 5
Margin on patient care
−12.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.0M in its first year on file (1997) to $8.7M in 2005.
  • Its result from patient care: −$279K (2003), −$705K (2004), −$1.1M (2005).
  • 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 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
settled
$9.0M
$9.0M
1998
settled
$9.6M
$9.6M
1999
settled
$10.2M
$10.6M
2000
settled
$11.3M
$11.6M
2001
reopened
$12.3M
$12.6M
2002
reopened
$13.4M
$13.5M
2003
settled
$14.1M
$14.4M
2004
settled
$14.6M
$15.3M
2005
settled
$8.7M
$9.8M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Floyd Valley Hospital44$8,720,162$9,808,196−12.5%
Buena Vista Regional Medical Center, Storm Lake49$22,829,714$24,111,901−5.6%
Lakes Regional Healthcare, Spirit Lake44$21,543,142$21,063,7892.2%
Mahaska Health Partnership, Oskaloosa49$30,742,859$34,556,939−12.4%
Mercyone Cedar Falls Medical Center, Cedar Falls46$25,750,993$24,723,1714.0%
Shelby County Myrtue Hospital, Harlan40$18,408,873$18,650,193−1.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 160140.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read July 19, 2006.