Short-term acute care hospital · Edison, New Jersey · 28 beds · CMS certification number 310121

Roosevelt Hospital

Latest filing: fiscal year ended June 23, 1998, settled, stamped by CMS December 5, 2000. Three years on file, all shown below.

Fiscal 1998 at a glance

Net patient revenue $13.7M $13,726,510 · G-3 line 3

Operating expenses $16.1M $16,116,975 · G-3 line 4

Result from patient care −$2.4M −$2,390,465 · G-3 line 5

Margin on patient care −17.4% line 5 ÷ line 3, same filing

Net patient revenue fell from $27.6M in its first year on file (1996) to $13.7M in 1998.
From fiscal year 1997 to fiscal year 1998 its net patient revenue fell 50.5%.
Its result from patient care: −$11.2M (1996), −$7.9M (1997), −$2.4M (1998).
All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 1998.
In its fiscal 1998 filing, its $13.7M net patient revenue sits at the 90th percentile of 10 hospitals in NJ, same facility class, 25 to 49 beds.

Net patient revenueOperating expenses

1996 settled margin −40.7% $27.6M $38.8M

1997 settled margin −28.4% $27.7M $35.6M

1998 settled margin −17.4% $13.7M $16.1M

Nearest in size, New Jersey first, fiscal year 1998.

Hospital Beds Net patient revenue Operating expenses Margin

Roosevelt Hospital 28 $13,726,510 $16,116,975 −17.4%

Inspira Medical Center Mullica Hill, Elmer 91 $23,607,610 $23,741,447 −0.6%

Greenville Hospital, Jersey City 86 $18,540,151 $19,848,061 −7.0%

Montclair Community Hospital, Montclair 45 $8,271,828 $12,754,584 −54.2%

St. Clares Hospital - Sussex, Sussex 41 $15,016,166 $16,948,827 −12.9%

St. Francis Hospital, Jersey City 103 $44,319,294 $49,293,548 −11.2%

File HOSPFY1998.ZIP, form CMS-2552-96, CMS certification number 310121.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read December 5, 2000.