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Short-term acute care hospital · Monahans, Texas · 30 beds · CMS certification number 450050

Ward Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 30, 2005, reopened, stamped by CMS January 24, 2008. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$5.1M
$5,133,866 · G-3 line 3
Operating expenses
$7.3M
$7,296,715 · G-3 line 4
Result from patient care
−$2.2M
−$2,162,849 · G-3 line 5
Margin on patient care
−42.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.1M in its first year on file (1996) to $5.1M in 2005.
  • Its result from patient care: −$3.1M (2003), −$1.8M (2004), −$2.2M (2005).
  • 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 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
reopened
$7.1M
$7.9M
1997
reopened
$6.0M
$7.8M
1998
settled
$5.6M
$7.4M
1999
as submitted
$5.3M
$6.7M
2000
settled
$4.0M
$6.7M
2001
reopened
$6.0M
$6.5M
2002
reopened
$5.8M
$7.3M
2003
reopened
$5.1M
$8.3M
2004
reopened
$5.7M
$7.5M
2005
reopened
$5.1M
$7.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Ward Memorial Hospital30$5,133,866$7,296,715−42.1%
Anson General Hospital, Anson32$5,627,604$5,898,270−4.8%
El Paso Specialty Hospital, El Paso31$25,009,036$19,554,74821.8%
Highland Lakes Medical Center, Austin30$17,613,651$18,198,694−3.3%
Jackson County Hospital, Edna31$2,544,877$3,543,512−39.2%
Llano Memorial Hospital, Llano30$17,406,560$21,938,537−26.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 450050.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read January 24, 2008.