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Short-term acute care hospital · Kermit, Texas · 16 beds · CMS certification number 450757

Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 25, 2000, as submitted, stamped by CMS May 5, 2003. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$1.7M
$1,675,557 · G-3 line 3
Operating expenses
$3.1M
$3,140,832 · G-3 line 4
Result from patient care
−$1.5M
−$1,465,275 · G-3 line 5
Margin on patient care
−87.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.0M in its first year on file (1996) to $1.7M in 2000.
  • Its result from patient care: −$1.2M (1998), −$1.4M (1999), −$1.5M (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
$3.0M
$4.1M
1997
settled
$3.1M
$4.6M
1998
settled
$2.9M
$4.1M
1999
settled
$2.3M
$3.7M
2000
as submitted
$1.7M
$3.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Memorial Hospital16$1,675,557$3,140,832−87.5%
Comanche Community Hospital, Comanche18$5,594,838$6,108,928−9.2%
Glen Rose Medical Center, Glen Rose16$6,966,403$7,431,475−6.7%
Hemphill County Hospital, Canandian16$1,988,679$3,639,579−83.0%
Muenster Memorial Hospital, Muenster16$5,028,498$5,462,354−8.6%
Wagner General Hospital, Palacios17$565,745$1,376,234−143.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 450757.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read May 5, 2003.