Velarion Records

Short-term acute care hospital · Reidsville, North Carolina · 110 beds · CMS certification number 340007

Annie Penn Memorial Hospital

Latest filing: fiscal year ended August 31, 2002, settled, stamped by CMS December 18, 2006. Seven years on file, all shown below.

Fiscal 2002 at a glance

Net patient revenue $28.4M $28,400,798 · G-3 line 3
Operating expenses $29.6M $29,593,957 · G-3 line 4
Result from patient care −$1.2M −$1,193,159 · G-3 line 5
Margin on patient care −4.2% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $29.5M in its first year on file (1996) to $28.4M in 2002.
  • Its result from patient care: −$1.3M (2000), −$283K (2001), −$1.2M (2002).
  • 3 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 2002.

How these statements are drawn

Seven years of filings

Net patient revenueOperating expenses

1996 settled margin −0.0% $29.5M $29.6M

1997 reopened margin 1.2% $29.2M $28.8M

1998 reopened margin −11.8% $28.1M $31.4M

1999 settled margin −6.9% $28.2M $30.1M

2000 reopened margin −4.2% $30.7M $32.0M

2001 settled margin −3.2% $8.7M $9.0M

2002 settled margin −4.2% $28.4M $29.6M

Beside its peers

Short-term acute care hospitals in North Carolina with 100 to 199 beds, fiscal year 2002.

Hospital Beds Net patient revenue Operating expenses Margin

Annie Penn Memorial Hospital 110 $28,400,798 $29,593,957 −4.2%

UNC Health Caldwell, Lenoir 108 $51,695,949 $54,267,187 −5.0%

Firsthealth Richmond Mem. Hospital, Rockingham 108 $33,994,142 $35,908,176 −5.6%

Northern Regional Hospital, Mount Airy 112 $49,110,878 $50,631,550 −3.1%

Sampson Regional Medical Center, Clinton 116 $43,450,834 $41,473,474 4.5%

Watauga Medical Center, Boone 117 $59,123,515 $58,777,120 0.6%

Follow Annie Penn Memorial Hospital, free

More short-term acute care hospitals in North Carolina

File HOSPFY2002.ZIP, form CMS-2552-96, CMS certification number 340007.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read December 18, 2006.