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Short-term acute care hospital · Wellington, Texas · 16 beds · CMS certification number 450185

Collingsworth General Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2004, reopened, stamped by CMS November 3, 2008. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$1.6M
$1,582,800 · G-3 line 3
Operating expenses
$2.1M
$2,101,334 · G-3 line 4
Result from patient care
−$519K
−$518,534 · G-3 line 5
Margin on patient care
−32.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.4M in its first year on file (1996) to $1.6M in 2004.
  • Its result from patient care: −$735K (2002), −$736K (2003), −$519K (2004).
  • 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 2004.

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

Nine years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.4M
$2.6M
1997
reopened
$2.3M
$3.1M
1998
settled
$2.1M
$2.7M
1999
settled
$2.2M
$2.7M
2000
settled
$2.5M
$2.9M
2001
settled
$2.4M
$3.0M
2002
settled
$2.2M
$2.9M
2003
reopened
$2.6M
$3.4M
2004
reopened
$1.6M
$2.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Collingsworth General Hospital16$1,582,800$2,101,334−32.8%
Ascension Seton Southwest, Austin17$16,692,693$16,207,6602.9%
Faith Community Hospital, Jacksboro17$3,084,949$4,100,218−32.9%
Glen Rose Medical Center, Glen Rose16$9,096,246$10,499,839−15.4%
Stamford Memorial Hospital, Stamford18$6,120,936$6,952,584−13.6%
The Physicians Centre Hospital, Bryan16$16,100,402$15,687,4952.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 450185.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read November 3, 2008.