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Short-term acute care hospital · Eaton Rapids, Michigan · 20 beds · CMS certification number 230153

Eaton Rapids Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2005, reopened, stamped by CMS February 14, 2007. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$15.9M
$15,890,281 · G-3 line 3
Operating expenses
$16.0M
$15,951,389 · G-3 line 4
Result from patient care
−$61K
−$61,108 · G-3 line 5
Margin on patient care
−0.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.3M in its first year on file (1997) to $15.9M in 2005.
  • Its result from patient care: $936K (2003), $245K (2004), −$61K (2005).
  • 4 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 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
reopened
$7.3M
$7.1M
1998
settled
$7.7M
$7.4M
1999
settled
$8.5M
$8.0M
2000
settled
$9.3M
$8.8M
2001
settled
$9.7M
$9.7M
2002
settled
$11.2M
$10.9M
2003
settled
$14.0M
$13.1M
2004
settled
$15.4M
$15.2M
2005
reopened
$15.9M
$16.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Michigan first; each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Eaton Rapids Medical Center20$15,890,281$15,951,389−0.4%
Bronson Vicksburg Hospital, Kalamazoo3$10,645,046$11,579,587−8.8%
Cottage Hospital, Grosse Pointe19$55,571,426$51,366,1557.6%
Healthsource Saginaw, Saginaw27$26,106,940$27,683,190−6.0%
Insight Surgical Hospital, Warren13$7,227,466$10,125,616−40.1%
Spectrum Health - Reed City Campus, Reed City27$17,802,842$18,814,446−5.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 230153.

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