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Short-term acute care hospital · Quincy, Massachusetts · 174 beds · CMS certification number 220067

Quincy Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 25, 2014, reopened, stamped by CMS September 24, 2019. Nineteen years on file, every one shown below.

Fiscal 2014 at a glance

Net patient revenue
$67.5M
$67,453,993 · G-3 line 3
Operating expenses
$109.1M
$109,136,139 · G-3 line 4
Result from patient care
−$41.7M
−$41,682,146 · G-3 line 5
Margin on patient care
−61.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $66.3M in its first year on file (1996) to $67.5M in 2014.
  • Its result from patient care: −$8.8M (2012), −$24.3M (2013), −$41.7M (2014).
  • 2 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 2014.

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

Nineteen years of filings

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

Net patient revenueOperating expenses
1996
reopened
$66.3M
$72.8M
1997
reopened
$71.3M
$78.6M
1998
reopened
$69.5M
$81.1M
1999
reopened
$60.4M
$76.4M
2000
settled with audit
$62.8M
$72.3M
2001
settled with audit
$67.3M
$74.7M
2002
reopened
$75.7M
$82.3M
2003
settled with audit
$75.1M
$87.0M
2004
reopened
$76.3M
$90.7M
2005
reopened
$78.2M
$97.3M
2006
reopened
$83.3M
$105.8M
2007
reopened
$83.7M
$105.6M
2008
reopened
$77.0M
$103.7M
2009
reopened
$82.5M
$106.6M
2010
reopened
$78.1M
$104.7M
2011
reopened
$74.5M
$111.7M
2012
reopened
$86.8M
$95.6M
2013
reopened
$76.9M
$101.2M
2014
reopened
$67.5M
$109.1M

Beside its peers

Short-term acute care hospitals in Massachusetts with 100 to 199 beds, each on fiscal year 2014.

HospitalBedsNet patient revenueOperating expensesMargin
Quincy Medical Center174$67,453,993$109,136,139−61.8%
Signature Healthcare Brockton Hospital, Brockton175$226,062,749$218,782,7943.2%
Holyoke Medical Center, Holyoke165$106,820,829$116,802,868−9.3%
Merrimack Health Lawrence Hospital, Lawrence189$185,575,079$220,479,275−18.8%
Mount Auburn Hospital, Cambridge177$306,663,167$299,845,3862.2%
Steward Norwood Hospital, Norwood167$168,315,789$166,832,2980.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2014.ZIP, form CMS-2552-10, filed under CMS certification number 220067.

How this page was built: the CMS Medicare cost report, file HOSP10FY2014.ZIP, read September 24, 2019.