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Short-term acute care hospital · Rock Valley, Iowa · 28 beds · CMS certification number 160145

Hegg Memorial Health Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2002, reopened, stamped by CMS October 16, 2006. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$4.5M
$4,529,280 · G-3 line 3
Operating expenses
$4.3M
$4,267,894 · G-3 line 4
Result from patient care
$261K
$261,386 · G-3 line 5
Margin on patient care
5.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.8M in its first year on file (1997) to $4.5M in 2002.
  • Its result from patient care: $80K (2000), $41K (2001), $261K (2002).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2002.

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

Six years of filings

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

Net patient revenueOperating expenses
1997
settled
$4.8M
$4.9M
1998
settled
$5.0M
$4.9M
1999
settled
$5.5M
$5.3M
2000
settled
$5.8M
$5.7M
2001
reopened
$6.1M
$6.1M
2002
reopened
$4.5M
$4.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Hegg Memorial Health Center28$4,529,280$4,267,8945.8%
Ellsworth Municipal Hospital, Iowa Falls30$11,037,637$10,982,1110.5%
Northwest Iowa Health Center, Sheldon28$13,645,495$13,438,5281.5%
Orange City Municipal Hospital, Orange City30$18,967,993$19,129,667−0.9%
Virginia Gay Hospital, Vinton29$9,942,216$10,216,611−2.8%
Wayne County Hospital, Corydon28$7,684,887$8,350,460−8.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 160145.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read October 16, 2006.