Short-term acute care hospital · Detroit, Michigan · 424 beds · CMS certification number 230128
Grace Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 17, 1999, reopened, stamped by CMS December 8, 2006. Four years on file, every one shown below.
Fiscal 1999 at a glance
What stands out
- Net patient revenue fell from $206.4M in its first year on file (1996) to $158.6M in 1999.
- Its result from patient care: −$39.9M (1997), −$13.9M (1998), −$34.6M (1999).
- All 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.
reopened
reopened
reopened
reopened
Beside its peers
Short-term acute care hospitals in Michigan with 400 and over beds, each on fiscal year 1999.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Grace Hospital | 424 | $158,581,900 | $193,220,122 | −21.8% |
| Covenant Medical Center, Saginaw | 453 | $254,533,033 | $268,601,441 | −5.5% |
| Corewell Health Dearborn Hospital, Dearborn | 507 | $348,614,034 | $352,322,646 | −1.1% |
| Sinai-Grace Hospital, Detroit | 450 | $182,442,673 | $241,177,317 | −32.2% |
| University of Michigan Health-Sparrow Lansing, Lansing | 436 | $340,549,248 | $355,458,534 | −4.4% |
| Trinity Health Ann Arbor Hospital, Ann Arbor | 441 | $355,420,079 | $377,723,314 | −6.3% |
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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 230128.
How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read December 8, 2006.