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Short-term acute care hospital · Arlington, Massachusetts · 72 beds · CMS certification number 220053

Medical Center @ Symmes

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 1998, as submitted, stamped by CMS January 6, 2000. Two years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$21.5M
$21,548,778 · G-3 line 3
Operating expenses
$23.7M
$23,687,710 · G-3 line 4
Result from patient care
−$2.1M
−$2,138,932 · G-3 line 5
Margin on patient care
−9.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $23.5M in its first year on file (1997) to $21.5M in 1998.
  • Its result from patient care: −$2.2M (1997), −$2.1M (1998).
  • 4 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 1998.

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

Two years of filings

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

Net patient revenueOperating expenses
1997
settled with audit
$23.5M
$25.7M
1998
as submitted
$21.5M
$23.7M

Beside its peers

Short-term acute care hospitals in Massachusetts with 50 to 99 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Medical Center @ Symmes72$21,548,778$23,687,710−9.9%
Deaconess-Waltham Hospital, Waltham93$62,190,925$64,269,962−3.3%
Falmouth Hospital Association, Falmouth83$49,671,864$52,981,427−6.7%
Baystate Franklin Medical Center, Greenfield91$52,889,803$58,387,992−10.4%
Malborough Hospital, Marlborough54$29,393,990$30,605,713−4.1%
Baystate Noble Hospital, Westfield62$30,838,574$30,743,6890.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 220053.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read January 6, 2000.