Short-term acute care hospital · Paynesville, Minnesota · 30 beds · CMS certification number 240122
Paynesville Area Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 1, 2003, settled, stamped by CMS January 28, 2005. Eight years on file, every one shown below.
Fiscal 2003 at a glance
What stands out
- Net patient revenue rose from $9.9M in its first year on file (1996) to $26.2M in 2003.
- Its result from patient care: $4K (2001), −$907K (2002), −$1.3M (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.
Every statement is drawn from figures on this page; nothing is estimated.
Eight years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2003.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Paynesville Area Hospital | 30 | $26,202,129 | $27,539,237 | −5.1% |
| Glacial Ridge Hospital, Glenwood | 32 | $8,147,014 | $8,704,180 | −6.8% |
| Meeker County Memorial Hospital, Litchfield | 30 | $13,264,142 | $12,794,110 | 3.5% |
| Mercy Hospital & Health Care Center, Moose Lake | 31 | $21,508,037 | $30,300,381 | −40.9% |
| Monticello Big Lake Community Hospit, Monticello | 29 | $30,262,939 | $31,824,934 | −5.2% |
| Swift County - Benson, Benson | 31 | $6,839,844 | $6,950,035 | −1.6% |
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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 240122.
How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read January 28, 2005.