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Short-term acute care hospital · Ticonderoga, New York · 39 beds · CMS certification number 330116

Moses-Ludington Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 27, 2000, settled, stamped by CMS May 27, 2004. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$1.7M
$1,723,335 · G-3 line 3
Operating expenses
$3.0M
$3,040,011 · G-3 line 4
Result from patient care
−$1.3M
−$1,316,676 · G-3 line 5
Margin on patient care
−76.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.2M in its first year on file (1996) to $1.7M in 2000.
  • Its result from patient care: −$3.2M (1998), −$2.5M (1999), −$1.3M (2000).
  • 4 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 2000.

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

Five years of filings

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

Net patient revenueOperating expenses
1996
reopened
$7.2M
$7.9M
1997
settled with audit
$4.8M
$7.2M
1998
settled with audit
$3.5M
$6.7M
1999
reopened
$3.5M
$6.0M
2000
settled
$1.7M
$3.0M

Beside its peers

Short-term acute care hospitals in New York with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Moses-Ludington Hospital39$1,723,335$3,040,011−76.4%
Bassett Hospital of Schoharie County, Cobleskill40$10,387,979$10,519,159−1.3%
Carthage Area Hospital, Carthage38$15,328,378$14,295,4316.7%
Community Memorial Hospital, Hamilton40$19,717,699$21,708,657−10.1%
Delaware Valley Hospital, Walton42$9,413,488$10,355,247−10.0%
Westfield Memorial Hospital, Westfield32$7,878,229$8,556,858−8.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 330116.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read May 27, 2004.