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Short-term acute care hospital · Sparta, North Carolina · 46 beds · CMS certification number 340044

Alleghany County Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2005, settled, stamped by CMS August 28, 2006. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$3.4M
$3,423,970 · G-3 line 3
Operating expenses
$3.9M
$3,899,983 · G-3 line 4
Result from patient care
−$476K
−$476,013 · G-3 line 5
Margin on patient care
−13.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.3M in its first year on file (1996) to $3.4M in 2005.
  • Its result from patient care: −$2.1M (2003), −$2.6M (2004), −$476K (2005).
  • 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 2005.

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

Ten years of filings

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

Net patient revenueOperating expenses
1996
settled
$7.3M
$7.2M
1997
settled
$8.4M
$8.1M
1998
settled
$8.3M
$9.0M
1999
settled
$8.7M
$9.4M
2000
settled
$9.5M
$9.6M
2001
settled
$9.2M
$9.4M
2002
settled
$10.3M
$10.5M
2003
settled
$8.9M
$11.0M
2004
settled
$10.3M
$12.9M
2005
settled
$3.4M
$3.9M

Beside its peers

Short-term acute care hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Alleghany County Memorial Hospital46$3,423,970$3,899,983−13.9%
ECU Health Duplin Hospital, Kenansville49$27,753,765$28,590,394−3.0%
Martin General Hospital, Williamston44$23,868,015$24,073,289−0.9%
Murphy Medical Center, Murphy46$49,381,424$46,149,8526.5%
Spruce Pine Community Hospital, Spruce Pine49$25,510,263$25,253,7991.0%
Mission Hospital McDowell, Marion49$27,180,300$28,452,597−4.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 340044.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read August 28, 2006.