Velarion Records

Short-term acute care hospital · Tulia, Texas · 30 beds · CMS certification number 450264

Swisher Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2004, settled, stamped by CMS April 20, 2005. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$1.5M
$1,455,883 · G-3 line 3
Operating expenses
$1.9M
$1,917,777 · G-3 line 4
Result from patient care
−$462K
−$461,894 · G-3 line 5
Margin on patient care
−31.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.3M in its first year on file (1996) to $1.5M in 2004.
  • Its result from patient care: −$1.0M (2002), −$1.5M (2003), −$462K (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.

Nine years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.3M
$2.6M
1997
as submitted
$2.5M
$2.7M
1998
settled
$2.6M
$2.9M
1999
settled
$2.0M
$2.9M
2000
settled
$2.9M
$3.5M
2001
settled
$2.8M
$3.9M
2002
settled
$3.9M
$5.0M
2003
settled
$3.9M
$5.3M
2004
settled
$1.5M
$1.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Swisher Memorial Hospital30$1,455,883$1,917,777−31.7%
Anson General Hospital, Anson30$4,234,503$5,163,631−21.9%
Jackson County Hospital, Edna31$5,299,995$8,908,430−68.1%
Llano Memorial Hospital, Llano30$17,918,292$20,825,578−16.2%
Ward Memorial Hospital, Monahans30$5,674,996$7,482,992−31.9%
Connally Memorial Medical Center, Floresville31$11,719,923$13,597,758−16.0%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Texas

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 450264.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read April 20, 2005.