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Short-term acute care hospital · Holdrege, Nebraska · 49 beds · CMS certification number 280108

Phelps Memorial Health Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2005, settled with audit, stamped by CMS November 26, 2007. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$16.4M
$16,443,504 · G-3 line 3
Operating expenses
$15.4M
$15,373,612 · G-3 line 4
Result from patient care
$1.1M
$1,069,892 · G-3 line 5
Margin on patient care
6.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.2M in its first year on file (1996) to $16.4M in 2005.
  • Its result from patient care: $749K (2003), $949K (2004), $1.1M (2005).
  • 3 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 2005.

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

Ten years of filings

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

Net patient revenueOperating expenses
1996
settled
$10.2M
$8.3M
1997
settled
$9.5M
$9.2M
1998
settled
$10.5M
$9.9M
1999
as submitted
$12.0M
$11.1M
2000
settled
$12.2M
$12.3M
2001
settled
$12.9M
$12.6M
2002
as submitted
$14.0M
$13.0M
2003
as submitted
$14.7M
$13.9M
2004
reopened
$16.0M
$15.1M
2005
settled with audit
$16.4M
$15.4M

Beside its peers

Short-term acute care hospitals in Nebraska with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Phelps Memorial Health Center49$16,443,504$15,373,6126.5%
Beatrice Community Hospital, Beatrice47$31,409,128$30,172,5033.9%
Columbus Community Hospital, Columbus Nebraska42$43,664,574$43,812,445−0.3%
Community Hospital, Mccook44$20,848,723$21,877,298−4.9%
CHI Health Lakeside, Omaha49$56,297,000$56,139,0000.3%
Tri County Hospital, Lexington40$14,230,669$13,693,8723.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 280108.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read November 26, 2007.