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Short-term acute care hospital · Forest Hills, New York · 251 beds · CMS certification number 330041

Parkway Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2008, settled, stamped by CMS October 30, 2012. Thirteen years on file, every one shown below.

Fiscal 2008 at a glance

Net patient revenue
$44.6M
$44,644,308 · G-3 line 3
Operating expenses
$62.1M
$62,109,263 · G-3 line 4
Result from patient care
−$17.5M
−$17,464,955 · G-3 line 5
Margin on patient care
−39.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $72.8M in its first year on file (1996) to $44.6M in 2008.
  • Its result from patient care: −$20.6M (2006), −$21.5M (2007), −$17.5M (2008).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2008.

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

Thirteen years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$72.8M
$82.4M
1997
reopened
$70.3M
$77.1M
1998
reopened
$61.9M
$66.4M
1999
reopened
$57.9M
$61.5M
2000
reopened
$52.8M
$60.5M
2001
reopened
$64.3M
$65.7M
2002
reopened
$69.5M
$71.3M
2003
reopened
$69.0M
$70.4M
2004
reopened
$69.7M
$72.7M
2005
reopened
$62.3M
$83.3M
2006
reopened
$49.9M
$70.6M
2007
settled
$48.2M
$69.7M
2008
settled
$44.6M
$62.1M

Beside its peers

Short-term acute care hospitals in New York with 200 to 399 beds, each on fiscal year 2008.

HospitalBedsNet patient revenueOperating expensesMargin
Parkway Hospital251$44,644,308$62,109,263−39.1%
NYU Langone Hospitals, E. Patchogue260$226,179,141$238,898,219−5.6%
Franklin Hospital, Valley Stream264$169,468,257$190,618,724−12.5%
Highland Hospital of Rochester, Rochester248$233,267,805$239,657,391−2.7%
The Unity Hospital of Rochester, Rochester251$341,935,114$346,879,289−1.5%
Woodhull Medical & Mental Health Center, Brooklyn255$356,904,133$418,447,763−17.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2008.ZIP, form CMS-2552-96, filed under CMS certification number 330041.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read October 30, 2012.