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Short-term acute care hospital · Brooklyn, New York · 323 beds · CMS certification number 330306

Lutheran Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2015, reopened, stamped by CMS March 18, 2022. Twenty years on file, every one shown below.

Fiscal 2015 at a glance

Net patient revenue
$251.7M
$251,661,858 · G-3 line 3
Operating expenses
$225.0M
$224,957,033 · G-3 line 4
Result from patient care
$26.7M
$26,704,825 · G-3 line 5
Margin on patient care
10.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $139.9M in its first year on file (1996) to $251.7M in 2015.
  • Its result from patient care: −$46.3M (2013), −$45.4M (2014), $26.7M (2015).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2015.

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

Twenty years of filings

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

Net patient revenueOperating expenses
1996
reopened
$139.9M
$192.3M
1997
reopened
$140.0M
$187.1M
1998
reopened
$149.3M
$203.8M
1999
reopened
$159.3M
$224.4M
2000
reopened
$219.4M
$237.8M
2001
reopened
$238.9M
$256.5M
2002
reopened
$278.9M
$303.5M
2003
reopened
$309.4M
$342.4M
2004
reopened
$319.7M
$358.6M
2005
settled
$332.6M
$367.6M
2006
reopened
$366.9M
$391.7M
2007
reopened
$376.2M
$399.6M
2008
settled with audit
$396.1M
$416.8M
2009
settled with audit
$408.6M
$439.7M
2010
settled
$446.3M
$473.9M
2011
settled
$459.2M
$496.0M
2012
settled with audit
$485.4M
$533.6M
2013
reopened
$521.5M
$567.8M
2014
reopened
$540.5M
$586.0M
2015
reopened
$251.7M
$225.0M

Beside its peers

Short-term acute care hospitals in New York with 200 to 399 beds, each on fiscal year 2015.

HospitalBedsNet patient revenueOperating expensesMargin
Lutheran Medical Center323$251,661,858$224,957,03310.6%
The University of VT Health Network - Champlain Valley Physicians Hosp, Plattsburgh321$216,089,814$222,879,813−3.1%
Erie County Medical Center, Buffalo309$501,697,590$547,749,494−9.2%
Jacobi Medical Center, Bronx326$694,497,986$732,248,617−5.4%
Jamaica Hospital Medical Center, Jamaica325$422,659,808$487,383,135−15.3%
Garnet Health Medical Center, Middletown329$408,646,182$407,615,2200.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2015.ZIP, form CMS-2552-10, filed under CMS certification number 330306.

How this page was built: the CMS Medicare cost report, file HOSP10FY2015.ZIP, read March 18, 2022.