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Short-term acute care hospital · Palestine, Texas · 55 beds · CMS certification number 450113

Palestine Reg Med CTR - West

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2002, settled with audit, stamped by CMS June 14, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$10.3M
$10,344,697 · G-3 line 3
Operating expenses
$9.3M
$9,257,937 · G-3 line 4
Result from patient care
$1.1M
$1,086,760 · G-3 line 5
Margin on patient care
10.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $9.5M in its first year on file (1996) to $10.3M in 2002.
  • Its result from patient care: −$399K (2000), $1.8M (2001), $1.1M (2002).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
reopened
$9.5M
$8.9M
1997
reopened
$32.0M
$24.7M
1998
as submitted
$30.7M
$29.0M
1999
settled with audit
$25.2M
$25.3M
2000
settled with audit
$12.2M
$12.6M
2001
as submitted
$15.0M
$13.2M
2002
settled with audit
$10.3M
$9.3M

Beside its peers

Short-term acute care hospitals in Texas with 50 to 99 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Palestine Reg Med CTR - West55$10,344,697$9,257,93710.5%
Atlanta Memorial Hospital, Atlanta57$12,967,919$14,112,304−8.8%
Memorial Medical Center, Port Lavaca54$16,120,065$18,956,518−17.6%
Mid-Jefferson Medical Center, Nederland57$35,213,381$33,576,8734.7%
Pampa Regional Medical Center, Pampa57$29,459,572$27,565,5646.4%
Shelby Regional Medical Center, Center54$11,505,924$10,162,78011.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 450113.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read June 14, 2005.