Short-term acute care hospital · Glencoe, Minnesota · 49 beds · CMS certification number 240011

Glencoe Regional Health Services

Latest filing: fiscal year ended August 31, 2004, settled, stamped by CMS January 24, 2006. Nine years on file, all shown below.

Fiscal 2004 at a glance

Net patient revenue $24.7M $24,680,189 · G-3 line 3

Operating expenses $23.5M $23,531,543 · G-3 line 4

Result from patient care $1.1M $1,148,646 · G-3 line 5

Margin on patient care 4.7% line 5 ÷ line 3, same filing

Net patient revenue rose from $15.2M in its first year on file (1996) to $24.7M in 2004.
Its result from patient care: −$480K (2002), $902K (2003), $1.1M (2004).
2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2004.

Net patient revenueOperating expenses

1996 reopened margin 6.5% $15.2M $14.2M

1997 reopened margin 12.8% $16.9M $14.7M

1998 reopened margin 4.0% $16.8M $16.1M

1999 reopened margin 1.9% $17.7M $17.3M

2000 settled margin 2.1% $19.2M $18.8M

2001 reopened margin 8.5% $30.3M $27.7M

2002 settled margin −1.5% $31.7M $32.2M

2003 settled margin 2.6% $34.1M $33.2M

2004 settled margin 4.7% $24.7M $23.5M

Short-term acute care hospitals in Minnesota with 25 to 49 beds, fiscal year 2004.

Hospital Beds Net patient revenue Operating expenses Margin

Glencoe Regional Health Services 49 $24,680,189 $23,531,543 4.7%

Hutchinson Health Hospital, Hutchinson 46 $50,049,556 $51,250,108 −2.4%

St. Gabriel S Hospital, Little Falls 49 $32,855,449 $37,092,025 −12.9%

St. Joseph S Area Health Services, Park Rapids 47 $31,507,986 $30,570,308 3.0%

Weiner Memorial Medical Center, Marshall 49 $27,581,511 $27,915,227 −1.2%

Sanford Worthington Medical Center, Worthington 49 $20,141,295 $19,942,426 1.0%

File HOSPFY2004.ZIP, form CMS-2552-96, CMS certification number 240011.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read January 24, 2006.