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Short-term acute care hospital · Stoneham, Massachusetts · 167 beds · CMS certification number 220064

Boston Regional Medical

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 1999, settled with audit, stamped by CMS January 24, 2001. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$17.2M
$17,221,123 · G-3 line 3
Operating expenses
$24.2M
$24,196,825 · G-3 line 4
Result from patient care
−$7.0M
−$6,975,702 · G-3 line 5
Margin on patient care
−40.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $57.4M in its first year on file (1996) to $17.2M in 1999.
  • Its result from patient care: −$6.5M (1997), −$12.8M (1998), −$7.0M (1999).
  • 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 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
$57.4M
$63.3M
1997
reopened
$57.6M
$64.1M
1998
settled with audit
$52.9M
$65.7M
1999
settled with audit
$17.2M
$24.2M

Beside its peers

Short-term acute care hospitals in Massachusetts with 100 to 199 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Boston Regional Medical167$17,221,123$24,196,825−40.5%
Merrimack Health Methuen Hospital, Methuen175$83,858,166$82,253,6391.9%
Holyoke Medical Center, Holyoke169$62,674,642$64,842,918−3.5%
The Lowell General Hospital, Lowell166$87,781,980$84,053,3394.3%
Mount Auburn Hospital, Cambridge172$113,834,359$125,387,592−10.2%
Winchester Hospital, Winchester164$103,953,080$109,763,947−5.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 220064.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read January 24, 2001.