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Short-term acute care hospital · Sandusky, Michigan · 37 beds · CMS certification number 230253

McKenzie Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2002, settled, stamped by CMS August 24, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$11.9M
$11,866,034 · G-3 line 3
Operating expenses
$12.8M
$12,818,801 · G-3 line 4
Result from patient care
−$953K
−$952,767 · G-3 line 5
Margin on patient care
−8.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.1M in its first year on file (1996) to $11.9M in 2002.
  • Its result from patient care: −$1.5M (2000), −$2.2M (2001), −$953K (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
$8.1M
$8.3M
1997
settled
$9.1M
$10.0M
1998
settled
$9.2M
$10.2M
1999
settled
$9.4M
$11.0M
2000
settled
$10.4M
$11.9M
2001
settled
$10.7M
$12.9M
2002
settled
$11.9M
$12.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
McKenzie Memorial Hospital37$11,866,034$12,818,801−8.0%
Keweenaw Memorial Medical Center, Laurium41$21,518,850$21,676,841−0.7%
Lee Memorial Hospital, Dowagiac40$17,400,175$19,591,164−12.6%
Madison Community Hospital, Madison Heights36$5,328,038$12,051,205−126.2%
Select Specialty Hospital - NW Detro, Detroit36$1,938,795$3,382,229−74.5%
Three Rivers Health, Trhee Rivers40$33,899,206$33,349,7831.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 230253.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read August 24, 2005.