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Short-term acute care hospital · Grenada, Mississippi · 128 beds · CMS certification number 250015

Grenada Lake Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2013, reopened, stamped by CMS August 5, 2024. Eighteen years on file, every one shown below.

Fiscal 2013 at a glance

Net patient revenue
$47.6M
$47,554,304 · G-3 line 3
Operating expenses
$50.3M
$50,341,372 · G-3 line 4
Result from patient care
−$2.8M
−$2,787,068 · G-3 line 5
Margin on patient care
−5.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $26.7M in its first year on file (1996) to $47.6M in 2013.
  • Its result from patient care: −$2.7M (2011), −$2.3M (2012), −$2.8M (2013).
  • 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 2013.

Every statement is drawn from figures on this page; nothing is estimated.

Eighteen years of filings

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

Net patient revenueOperating expenses
1996
settled
$26.7M
$26.3M
1997
settled
$31.2M
$29.6M
1998
settled
$39.4M
$37.3M
1999
reopened
$38.2M
$38.5M
2000
settled
$38.7M
$40.1M
2001
settled
$38.9M
$42.1M
2002
settled
$33.8M
$35.9M
2003
settled
$35.3M
$35.2M
2004
settled
$35.7M
$35.6M
2005
settled
$38.2M
$37.2M
2006
settled
$43.1M
$41.6M
2007
settled
$44.0M
$44.5M
2008
reopened
$42.4M
$46.9M
2009
reopened
$47.1M
$46.1M
2010
settled
$48.6M
$50.6M
2011
reopened
$47.1M
$49.8M
2012
reopened
$51.6M
$53.9M
2013
reopened
$47.6M
$50.3M

Beside its peers

Short-term acute care hospitals in Mississippi with 100 to 199 beds, each on fiscal year 2013.

HospitalBedsNet patient revenueOperating expensesMargin
Grenada Lake Medical Center128$47,554,304$50,341,372−5.9%
Merit Health Rankin, Brandon129$32,572,351$43,671,581−34.1%
Singing River Gulfport, Gulfport118$77,241,099$71,901,1206.9%
Kings Daughters Medical Center, Brookhaven119$80,887,066$85,614,465−5.8%
Merit Health Natchez, Natchez147$48,090,274$59,096,752−22.9%
Southwest Mississippi Regional Medical Center, Mccomb140$154,727,590$159,329,465−3.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2013.ZIP, form CMS-2552-10, filed under CMS certification number 250015.

How this page was built: the CMS Medicare cost report, file HOSP10FY2013.ZIP, read August 5, 2024.