Short-term acute care hospital · Charlotte, Michigan · 45 beds · CMS certification number 230006

Hayes Green Beach Memorial Hospital

Latest filing: fiscal year ended March 31, 2005, settled, stamped by CMS February 14, 2007. Nine years on file, all shown below.

Fiscal 2005 at a glance

Net patient revenue $31.2M $31,175,324 · G-3 line 3

Operating expenses $30.8M $30,753,777 · G-3 line 4

Result from patient care $422K $421,547 · G-3 line 5

Margin on patient care 1.4% line 5 ÷ line 3, same filing

Net patient revenue rose from $16.9M in its first year on file (1997) to $31.2M in 2005.
Its result from patient care: $1.3M (2003), $347K (2004), $422K (2005).
1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2005.

Net patient revenueOperating expenses

1997 reopened margin 5.5% $16.9M $16.0M

1998 settled margin −1.3% $16.0M $16.2M

1999 settled margin −2.5% $17.0M $17.5M

2000 settled margin −6.4% $18.2M $19.4M

2001 settled margin 3.9% $21.9M $21.1M

2002 reopened margin 7.3% $25.8M $23.9M

2003 settled margin 4.8% $27.1M $25.8M

2004 settled margin 1.2% $28.6M $28.3M

2005 settled margin 1.4% $31.2M $30.8M

Short-term acute care hospitals in Michigan with 25 to 49 beds, fiscal year 2005.

Hospital Beds Net patient revenue Operating expenses Margin

Hayes Green Beach Memorial Hospital 45 $31,175,324 $30,753,777 1.4%

Cheboygan Memorial Hospital, Cheboygan 46 $42,797,950 $44,899,322 −4.9%

Corewell Health Watervliet Hospital, Watervliet 42 $25,288,652 $26,935,867 −6.5%

Mid Mich Reg Med CTR - Gladwin, Gladwin 42 $19,914,234 $18,834,671 5.4%

St. Francis Hospital, Escanaba 48 $56,189,362 $57,390,050 −2.1%

West Shore Medical Center, Manistee 48 $33,289,209 $33,373,254 −0.3%

File HOSPFY2004.ZIP, form CMS-2552-96, CMS certification number 230006.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read February 14, 2007.