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Short-term acute care hospital · Worcester, Massachusetts · 290 beds · CMS certification number 220057

Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 1999, reopened, stamped by CMS August 14, 2006. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$551.4M
$551,433,188 · G-3 line 3
Operating expenses
$595.7M
$595,686,458 · G-3 line 4
Result from patient care
−$44.3M
−$44,253,270 · G-3 line 5
Margin on patient care
−8.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $207.2M in its first year on file (1996) to $551.4M in 1999.
  • Its result from patient care: −$30.2M (1997), −$20.6M (1998), −$44.3M (1999).
  • 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 1999.

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

Four years of filings

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

Net patient revenueOperating expenses
1996
reopened
$207.2M
$220.3M
1997
reopened
$191.6M
$221.8M
1998
reopened
$104.9M
$125.5M
1999
reopened
$551.4M
$595.7M

Beside its peers

Short-term acute care hospitals in Massachusetts with 200 to 399 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Memorial Hospital290$551,433,188$595,686,458−8.0%
Beverly Hospital, Addison Gilbert Hospital, Bay Ridge Hospital, Beverly285$120,645,725$137,806,023−14.2%
Metrowest Medical Center, Natick322$80,645,864$87,233,547−8.2%
Saint Vincent Hospital, Worcester314$182,881,724$150,307,52517.8%
St. Elizabeth's Medical Center, Boston262$195,120,100$211,137,820−8.2%
Umass Memorial Medical Center, Worcester292$551,433,188$595,686,458−8.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 220057.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read August 14, 2006.