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Short-term acute care hospital · Norfolk, Massachusetts · 130 beds · CMS certification number 220079

Caritas-Southwood Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 1999, reopened, stamped by CMS August 20, 2002. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$16.3M
$16,312,959 · G-3 line 3
Operating expenses
$22.4M
$22,414,656 · G-3 line 4
Result from patient care
−$6.1M
−$6,101,697 · G-3 line 5
Margin on patient care
−37.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $37.7M in its first year on file (1996) to $16.3M in 1999.
  • Its result from patient care: −$646K (1997), −$5.0M (1998), −$6.1M (1999).
  • 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 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
$37.7M
$35.9M
1997
reopened
$34.9M
$35.6M
1998
reopened
$26.7M
$31.6M
1999
reopened
$16.3M
$22.4M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Caritas-Southwood Hospital130$16,312,959$22,414,656−37.4%
Emerson Hospital, Concord126$79,299,872$87,000,338−9.7%
Umass Memorial Health-Milford Regional Medical Center, Milford131$72,264,195$66,075,1848.6%
New England Baptist Hospital, Boston130$82,504,000$88,935,337−7.8%
Brown University Health Saint Anne's Hospital, Fall River135$72,041,607$70,782,8171.8%
Salem Hospital, Lynn132$68,610,102$61,669,06810.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 220079.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read August 20, 2002.