Velarion Records

Short-term acute care hospital · Yadkinville, North Carolina · 22 beds · CMS certification number 340006

Hoots Memorial Hospital

Latest filing: fiscal year ended June 30, 2001, settled, stamped by CMS August 26, 2004. Five years on file, all shown below.

Fiscal 2001 at a glance

Net patient revenue $5.7M $5,747,918 · G-3 line 3
Operating expenses $8.6M $8,564,254 · G-3 line 4
Result from patient care −$2.8M −$2,816,336 · G-3 line 5
Margin on patient care −49.0% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.5M in its first year on file (1997) to $5.7M in 2001.
  • Its result from patient care: −$2.6M (1999), −$2.1M (2000), −$2.8M (2001).
  • 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 2001.

How these statements are drawn

Five years of filings

Net patient revenueOperating expenses

1997 settled margin −53.8% $4.5M $7.0M

1998 settled margin −29.5% $5.5M $7.1M

1999 reopened margin −62.3% $4.2M $6.9M

2000 settled margin −33.6% $6.3M $8.4M

2001 settled margin −49.0% $5.7M $8.6M

Beside its peers

Nearest in size, North Carolina first, fiscal year 2001.

Hospital Beds Net patient revenue Operating expenses Margin

Hoots Memorial Hospital 22 $5,747,918 $8,564,254 −49.0%

Dorthea Dix Hospital, Raleigh 16 $6,410,803 $113,584,151 −1671.8%

Highlands Cashiers Hospital, Highlands 24 $12,208,159 $13,545,006 −10.9%

North Carolina Specialty Hospital, Durham 16 $3,711,162 $5,221,120 −40.7%

Wilmington Treatment Center, Wilmington 27 $4,775,823 $4,324,379 9.4%

Washington County Hospital, Plymouth 25 $10,318,231 $10,668,615 −3.4%

Follow Hoots Memorial Hospital, free

More short-term acute care hospitals in North Carolina

File HOSPFY2000.ZIP, form CMS-2552-96, CMS certification number 340006.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read August 26, 2004.