Velarion Records

Short-term acute care hospital · Muskegon, Michigan · 112 beds · CMS certification number 230159

Muskegon General Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1998, settled, stamped by CMS December 3, 2002. Two years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$18.8M
$18,762,637 · G-3 line 3
Operating expenses
$23.6M
$23,589,981 · G-3 line 4
Result from patient care
−$4.8M
−$4,827,344 · G-3 line 5
Margin on patient care
−25.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $22.7M in its first year on file (1997) to $18.8M in 1998.
  • Its result from patient care: −$4.7M (1997), −$4.8M (1998).
  • 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 1998.

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

Two years of filings

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

Net patient revenueOperating expenses
1997
settled with audit
$22.7M
$27.5M
1998
settled
$18.8M
$23.6M

Beside its peers

Short-term acute care hospitals in Michigan with 100 to 199 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Muskegon General Hospital112$18,762,637$23,589,981−25.7%
Mymichigan Medical Center Alpena, Alpena114$57,000,836$56,984,4630.0%
Mymichigan Medical Center Alma, Alma123$53,528,378$52,349,2932.2%
Greater Detroit Hospital, Detroit129$12,044,076$16,902,389−40.3%
Holy Cross Hospital, Detroit111$44,827,037$48,338,608−7.8%
Riverside Osteopathic Hospital, Trenton112$62,336,760$64,760,638−3.9%

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 HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 230159.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read December 3, 2002.