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Short-term acute care hospital · Groesbeck, Texas · 38 beds · CMS certification number 450628

Limestone Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 29, 2000, settled with audit, stamped by CMS January 20, 2005. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$715K
$714,878 · G-3 line 3
Operating expenses
$1.8M
$1,783,375 · G-3 line 4
Result from patient care
−$1.1M
−$1,068,497 · G-3 line 5
Margin on patient care
−149.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.4M in its first year on file (1996) to $715K in 2000.
  • Its result from patient care: −$1.9M (1998), −$2.0M (1999), −$1.1M (2000).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2000.

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

Five years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.4M
$4.3M
1997
settled
$2.2M
$4.0M
1998
settled with audit
$2.1M
$4.0M
1999
reopened
$2.2M
$4.3M
2000
settled with audit
$715K
$1.8M

Beside its peers

Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Limestone Medical Center38$714,878$1,783,375−149.5%
Etmc-Pittsburg, Pittsburg39$11,893,282$14,083,844−18.4%
Linden Municipal Hospital, Linden39$1,782,622$2,299,332−29.0%
Medical Arts Hospital, Lamesa38$6,325,880$7,841,254−24.0%
Parkview Regional Hospital, Mexia38$18,136,611$19,770,882−9.0%
Presbyterian Hospital of Winnsboro, Winnsboro38$12,873,420$13,209,609−2.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 450628.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read January 20, 2005.