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Short-term acute care hospital · Elgin, North Dakota · 21 beds · CMS certification number 350044

Jacobson Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, reopened, stamped by CMS January 30, 2006. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$1.8M
$1,763,949 · G-3 line 3
Operating expenses
$2.0M
$1,962,412 · G-3 line 4
Result from patient care
−$198K
−$198,463 · G-3 line 5
Margin on patient care
−11.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.6M in its first year on file (1997) to $1.8M in 2001.
  • Its result from patient care: $36K (1999), −$198K (2000), −$198K (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.

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
1997
reopened
$1.6M
$1.8M
1998
settled
$1.9M
$1.8M
1999
settled
$1.8M
$1.8M
2000
settled
$1.7M
$1.9M
2001
reopened
$1.8M
$2.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from North Dakota first; each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Jacobson Memorial Hospital21$1,763,949$1,962,412−11.3%
First Care Health Center, Park River25$4,070,160$4,170,416−2.5%
Hillsboro Medical Center, Hillsboro20$3,676,714$3,563,8453.1%
Towner County Medical Center, Cando22$6,282,416$6,283,027−0.0%
Unity Medical Center, Grafton17$5,263,668$5,374,898−2.1%
Wishek Community Hospital, Wishek20$3,219,258$3,527,853−9.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 350044.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read January 30, 2006.