Velarion Records

Short-term acute care hospital · Grosse Pointe, Michigan · 20 beds · CMS certification number 230135

Cottage Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2010, reopened, stamped by CMS May 21, 2024. Fifteen years on file, every one shown below.

Fiscal 2010 at a glance

Net patient revenue
$13.3M
$13,259,000 · G-3 line 3
Operating expenses
$16.3M
$16,302,000 · G-3 line 4
Result from patient care
−$3.0M
−$3,043,000 · G-3 line 5
Margin on patient care
−22.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $58.2M in its first year on file (1996) to $13.3M in 2010.
  • Its result from patient care: −$13.5M (2008), −$13.8M (2009), −$3.0M (2010).
  • 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 2010.

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

Fifteen years of filings

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

Net patient revenueOperating expenses
1996
reopened
$58.2M
$56.5M
1997
reopened
$56.0M
$59.5M
1998
settled
$56.0M
$41.3M
1999
reopened
$38.0M
$40.1M
2000
reopened
$31.7M
$29.0M
2001
reopened
$31.8M
$28.4M
2002
settled
$35.7M
$31.5M
2003
settled
$38.6M
$40.9M
2004
settled
$52.5M
$39.2M
2005
reopened
$55.6M
$51.4M
2006
settled
$53.7M
$53.7M
2007
reopened
$54.9M
$55.5M
2008
reopened
$51.0M
$64.6M
2009
reopened
$47.4M
$61.2M
2010
reopened
$13.3M
$16.3M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Michigan first; each on fiscal year 2010.

HospitalBedsNet patient revenueOperating expensesMargin
Cottage Hospital20$13,259,000$16,302,000−22.9%
Forest Health Medical Center, Ypsilanti24$21,304,887$19,078,06310.4%
Healthsource Saginaw, Saginaw7$38,613,321$39,797,108−3.1%
Bronson South Haven Hospital, South Haven29$37,402,463$38,083,954−1.8%
Insight Surgical Hospital, Warren13$7,230,216$9,411,428−30.2%
St. John - North Shores, Harrison Township27$17,266,468$17,187,0640.5%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Michigan

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2010.ZIP, form CMS-2552-96, filed under CMS certification number 230135.

How this page was built: the CMS Medicare cost report, file HOSPFY2010.ZIP, read May 21, 2024.