Velarion Records

Short-term acute care hospital · Raleigh, Mississippi · 18 beds · CMS certification number 250145

Smith County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 1998, settled, stamped by CMS May 17, 2001. Four years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$1.4M
$1,397,192 · G-3 line 3
Operating expenses
$2.9M
$2,912,157 · G-3 line 4
Result from patient care
−$1.5M
−$1,514,965 · G-3 line 5
Margin on patient care
−108.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.0M in its first year on file (1996) to $668K in 1999.
  • Its result from patient care: −$1.1M (1997), −$1.5M (1998), −$1.3M (1999).
  • 3 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 1998.

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

Four years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.0M
$2.6M
1997
settled
$1.6M
$2.7M
1998
settled
$1.4M
$2.9M
1999
as submitted
$668K
$1.9M

Beside its peers

Short-term acute care hospitals in Mississippi with under 25 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Smith County Hospital18$1,397,192$2,912,157−108.4%
Humphreys County Memorial Hospital, Belzoni18$6,045,019$7,182,443−18.8%
Jasper General Hospital, Bay Springs20$5,573,909$5,486,3891.6%
Jefferson County Hospital, Fayette17$4,312,652$4,271,7280.9%
Kilmichael Hospital, Kilmichael19$1,679,940$2,018,150−20.1%
Prentiss Regional Hospital and Ecf, Prentiss20$6,805,194$6,981,505−2.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 250145.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read May 17, 2001.