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Short-term acute care hospital · Trenton, Michigan · 146 beds · CMS certification number 230169

Riverside Osteopathic Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 15, 2002, reopened, stamped by CMS June 29, 2012. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$30.3M
$30,319,375 · G-3 line 3
Operating expenses
$51.9M
$51,888,044 · G-3 line 4
Result from patient care
−$21.6M
−$21,568,669 · G-3 line 5
Margin on patient care
−71.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $57.8M in its first year on file (1996) to $30.3M in 2002.
  • Its result from patient care: −$6.6M (2000), −$6.9M (2001), −$21.6M (2002).
  • 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$57.8M
$59.3M
1997
reopened
$59.7M
$59.6M
1998
reopened
$62.3M
$64.8M
1999
settled
$58.6M
$63.6M
2000
reopened
$54.2M
$60.8M
2001
reopened
$54.9M
$61.8M
2002
reopened
$30.3M
$51.9M

Beside its peers

Short-term acute care hospitals in Michigan with 100 to 199 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Riverside Osteopathic Hospital146$30,319,375$51,888,044−71.1%
Bi-County Community Hospital, Warren147$80,025,226$89,245,976−11.5%
Huron Valley-Sinai Hospital, Commerce Township150$117,718,000$117,705,0000.0%
University of Michigan Health - West, Grand Rapids157$122,226,852$124,960,587−2.2%
North Oakland Medical Centers, Pontiac142$103,445,858$109,521,096−5.9%
St. John Northeast Community Hosp, Detroit136$66,646,083$80,133,081−20.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 230169.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read June 29, 2012.