Short-term acute care hospital · Albany, Kentucky · 20 beds · CMS certification number 180106
The Medical Center of Albany
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2023, settled, stamped by CMS October 28, 2025. 27 years on file, every one shown below.
Fiscal 2023 at a glance
What stands out
- Net patient revenue rose from $6.3M in its first year on file (1997) to $14.7M in 2023.
- Its result from patient care: −$696K (2021), −$2.3M (2022), −$1.8M (2023).
- 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 2023.
- Medicaid paid for 4.0% of its inpatient days and Medicare for 50.7%.
Every statement is drawn from figures on this page; nothing is estimated.
27 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Hospitals of the same type (short-term acute care hospital), nearest in size, from Kentucky first; each on fiscal year 2023.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| The Medical Center of Albany | 20 | $14,701,958 | $16,494,027 | −12.2% |
| Centerpoint Health - Paris, Paris | 34 | $43,990,739 | $36,684,709 | 16.6% |
| Harrison Memorial Hospital, Cynthiana | 26 | $83,795,348 | $85,082,352 | −1.5% |
| The Medical Center at Russellville, Russellville | 37 | $22,088,748 | $22,053,122 | 0.2% |
| Rockcastle Regional Hospital and Respiratory Care Center, Mt Vernon | 30 | $83,355,474 | $84,348,871 | −1.2% |
| Uofl Health - Shelbyville Hospital, Shelbyville | 32 | $33,548,831 | $37,847,188 | −12.8% |
Patients and payers
- Discharges
- 381S-3 line 14, col 15
- Inpatient days
- 2,591S-3 line 14, col 8
- Beds in use, on an average day
- 7.1days ÷ days in year
- Occupancy
- 35.5%days ÷ bed days
- Medicare share of days
- 50.7%S-3 cols 6 ÷ 8
- Medicaid share of days
- 4.0%S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: MED HEALTH, home office; TMC, hospital.
Type of control on its cost report: voluntary nonprofit, other.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2022.ZIP, form CMS-2552-10, filed under CMS certification number 180106. Patients and payers: worksheet S-3 Part I of the same filing.
How this page was built: the CMS Medicare cost report, file HOSP10FY2022.ZIP, read October 28, 2025.