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Short-term acute care hospital · Newberry, Michigan · 38 beds · CMS certification number 230191

Helen Newberry Joy Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1999, reopened, stamped by CMS May 27, 2004. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$12.5M
$12,481,760 · G-3 line 3
Operating expenses
$13.0M
$12,951,514 · G-3 line 4
Result from patient care
−$470K
−$469,754 · G-3 line 5
Margin on patient care
−3.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.8M in its first year on file (1996) to $12.5M in 1999.
  • Its result from patient care: −$261K (1997), −$184K (1998), −$470K (1999).
  • 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 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.

Net patient revenueOperating expenses
1996
reopened
$10.8M
$10.9M
1997
reopened
$10.8M
$11.1M
1998
reopened
$12.0M
$12.2M
1999
reopened
$12.5M
$13.0M

Beside its peers

Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Helen Newberry Joy Hospital38$12,481,760$12,951,514−3.8%
Eaton Rapids Community Hospital, Eaton Rapids41$8,503,257$7,973,0096.2%
Keweenaw Memorial Medical Center, Laurium41$17,032,685$17,579,139−3.2%
Ontonagon Memorial Hospital, Ontonagon38$6,307,892$6,561,024−4.0%
Schoolcraft Memorial Hospital, Manistique38$9,445,182$10,154,586−7.5%
Three Rivers Health, Three Rivers40$23,413,215$23,472,603−0.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 230191.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read May 27, 2004.