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Short-term acute care hospital · Jersey City, New Jersey · 179 beds · CMS certification number 310049

St. Francis Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2002, reopened, stamped by CMS December 19, 2019. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$1.3M
$1,264,749 · G-3 line 3
Operating expenses
$15.5M
$15,482,999 · G-3 line 4
Result from patient care
−$14.2M
−$14,218,250 · G-3 line 5
Margin on patient care
−1124.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $48.5M in its first year on file (1996) to $1.3M in 2002.
  • Its result from patient care: −$2.6M (2000), −$20.3M (2001), −$14.2M (2002).
  • 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$48.5M
$54.8M
1997
settled
$47.0M
$50.4M
1998
reopened
$44.3M
$49.3M
1999
reopened
$44.2M
$64.7M
2000
reopened
$34.4M
$37.0M
2001
reopened
$33.7M
$54.0M
2002
reopened
$1.3M
$15.5M

Beside its peers

Short-term acute care hospitals in New Jersey with 100 to 199 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
St. Francis Hospital179$1,264,749$15,482,999−1124.2%
Bayshore Medical Center, Holmdel168$88,472,547$90,020,117−1.8%
Carewell Health Medical Center, East Orange175$169,482,216$74,140,32656.3%
Hunterdon Medical Center, Flemington162$125,433,589$128,171,819−2.2%
Robert Wood Johnson University Hospital at Rahway, Rahway191$86,275,896$87,785,450−1.8%
Underwood-Memorial Hospital, Woodbury197$127,223,266$123,471,9842.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 310049.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read December 19, 2019.