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Short-term acute care hospital · Dowagiac, Michigan · 40 beds · CMS certification number 230199

Lee Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2002, settled, stamped by CMS September 21, 2005. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$17.4M
$17,400,175 · G-3 line 3
Operating expenses
$19.6M
$19,591,164 · G-3 line 4
Result from patient care
−$2.2M
−$2,190,989 · G-3 line 5
Margin on patient care
−12.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $13.7M in its first year on file (1997) to $17.4M in 2002.
  • Its result from patient care: −$2.1M (2000), −$2.5M (2001), −$2.2M (2002).
  • 2 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.

Six years of filings

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

Net patient revenueOperating expenses
1997
settled
$13.7M
$13.6M
1998
settled
$15.3M
$15.7M
1999
settled with audit
$16.7M
$17.1M
2000
settled
$14.9M
$17.0M
2001
settled
$16.4M
$18.9M
2002
settled
$17.4M
$19.6M

Beside its peers

Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Lee Memorial Hospital40$17,400,175$19,591,164−12.6%
Corewell Health Watervliet Hospital, Watervliet42$24,866,995$24,675,1880.8%
Keweenaw Memorial Medical Center, Laurium41$21,518,850$21,676,841−0.7%
McKenzie Memorial Hospital, Sandusky37$11,866,034$12,818,801−8.0%
Mid Mich Reg Med CTR - Gladwin, Gladwin42$15,074,259$14,781,6671.9%
Three Rivers Health, Trhee Rivers40$33,899,206$33,349,7831.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 230199.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read September 21, 2005.