Short-term acute care hospital · Moose Lake, Minnesota · 31 beds · CMS certification number 240121

Mercy Hospital & Health Care Center

Latest filing: fiscal year ended September 30, 2003, settled, stamped by CMS September 14, 2005. Eight years on file, all shown below.

Fiscal 2003 at a glance

Net patient revenue $21.5M $21,508,037 · G-3 line 3

Operating expenses $30.3M $30,300,381 · G-3 line 4

Result from patient care −$8.8M −$8,792,344 · G-3 line 5

Margin on patient care −40.9% line 5 ÷ line 3, same filing

Net patient revenue rose from $9.8M in its first year on file (1996) to $21.5M in 2003.
Its result from patient care: −$5.8M (2001), −$6.5M (2002), −$8.8M (2003).
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 2003.

Net patient revenueOperating expenses

1996 settled margin 6.3% $9.8M $9.1M

1997 settled margin 1.4% $10.3M $10.1M

1998 settled margin −7.9% $10.9M $11.8M

1999 reopened margin −10.4% $12.4M $13.7M

2000 settled margin −9.2% $14.3M $15.7M

2001 reopened margin −33.8% $17.2M $23.1M

2002 settled margin −30.8% $21.2M $27.8M

2003 settled margin −40.9% $21.5M $30.3M

Short-term acute care hospitals in Minnesota with 25 to 49 beds, fiscal year 2003.

Hospital Beds Net patient revenue Operating expenses Margin

Mercy Hospital & Health Care Center 31 $21,508,037 $30,300,381 −40.9%

Buffalo Hospital, Buffalo 34 $32,339,469 $30,205,857 6.6%

Glacial Ridge Hospital, Glenwood 32 $8,147,014 $8,704,180 −6.8%

Paynesville Area Hospital, Paynesville 30 $26,202,129 $27,539,237 −5.1%

Queen of Peace Hospital, New Prague 34 $21,359,687 $23,116,857 −8.2%

Swift County - Benson, Benson 31 $6,839,844 $6,950,035 −1.6%

File HOSPFY2003.ZIP, form CMS-2552-96, CMS certification number 240121.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read September 14, 2005.