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Short-term acute care hospital · Wheeler, Texas · 40 beds · CMS certification number 450258

Parkview Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2002, settled, stamped by CMS November 17, 2004. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$2.0M
$1,967,613 · G-3 line 3
Operating expenses
$3.2M
$3,165,138 · G-3 line 4
Result from patient care
−$1.2M
−$1,197,525 · G-3 line 5
Margin on patient care
−60.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.9M in its first year on file (1997) to $2.0M in 2002.
  • Its result from patient care: −$1.2M (2000), −$1.2M (2001), −$1.2M (2002).
  • 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 2002.

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

Six years of filings

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

Net patient revenueOperating expenses
1997
settled
$2.9M
$2.9M
1998
settled
$2.5M
$3.2M
1999
as submitted
$2.5M
$3.2M
2000
settled
$1.9M
$3.1M
2001
settled
$2.0M
$3.1M
2002
settled
$2.0M
$3.2M

Beside its peers

Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Parkview Hospital40$1,967,613$3,165,138−60.9%
Covenant Hospital Levelland, Levelland41$10,027,023$12,801,500−27.7%
North Texas Medical Center, Gainesville40$20,300,386$21,769,427−7.2%
Goodall-Witcher Hospital Foundation, Clifton40$11,571,916$14,091,821−21.8%
Kell West Regional Hospital, Wichita Falls41$18,133,962$18,306,528−0.9%
Legent Orthopedic & Spine Hospital, Pasadena41$49,241,211$29,229,46440.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 450258.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read November 17, 2004.