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Short-term acute care hospital · Olney, Texas · 45 beds · CMS certification number 450157

Olney Hamilton Hospital District

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 29, 2004, reopened, stamped by CMS February 24, 2006. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$5.8M
$5,773,023 · G-3 line 3
Operating expenses
$6.3M
$6,342,968 · G-3 line 4
Result from patient care
−$570K
−$569,945 · G-3 line 5
Margin on patient care
−9.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.4M in its first year on file (1997) to $5.8M in 2004.
  • Its result from patient care: −$597K (2002), −$982K (2003), −$570K (2004).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2004.

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

Eight years of filings

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

Net patient revenueOperating expenses
1997
settled
$5.4M
$5.3M
1998
reopened
$5.7M
$5.8M
1999
settled
$6.3M
$6.4M
2000
settled with audit
$6.2M
$6.4M
2001
reopened
$6.8M
$7.1M
2002
reopened
$5.9M
$6.5M
2003
reopened
$5.5M
$6.5M
2004
reopened
$5.8M
$6.3M

Beside its peers

Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Olney Hamilton Hospital District45$5,773,023$6,342,968−9.9%
Brownfield Regional Medical Center, Brownfield45$7,631,165$10,063,143−31.9%
D.M. Cogdell Memorial Hospital, Snyder45$12,986,312$13,975,501−7.6%
Palo Pinto General Hospital, Mineral Wells46$22,098,630$28,994,406−31.2%
SSH - Conroe, Conroe46$1,539,686$3,856,134−150.4%
St. Catherine Health & Wellness Cente, Katy46$39,272,495$47,807,329−21.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 450157.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read February 24, 2006.