Velarion Records

Short-term acute care hospital · Grafton, West Virginia · 34 beds · CMS certification number 510020

Grafton City Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1999, settled, stamped by CMS September 18, 2001. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$10.7M
$10,710,024 · G-3 line 3
Operating expenses
$11.2M
$11,244,751 · G-3 line 4
Result from patient care
−$535K
−$534,727 · G-3 line 5
Margin on patient care
−5.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.6M in its first year on file (1997) to $10.7M in 1999.
  • Its result from patient care: −$472K (1997), $281K (1998), −$535K (1999).
  • 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 1999.

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

Three years of filings

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

Net patient revenueOperating expenses
1997
settled
$8.6M
$9.1M
1998
reopened
$10.4M
$10.1M
1999
settled
$10.7M
$11.2M

Beside its peers

Short-term acute care hospitals in West Virginia with 25 to 49 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Grafton City Hospital34$10,710,024$11,244,751−5.0%
Braxton County Memorial Hospital, Gassaway40$7,539,093$7,722,088−2.4%
Eye and Ear Clinic, Charleston35$3,729,145$4,422,763−18.6%
Man Arh, Man44$12,746,825$17,273,525−35.5%
Morgan County War Memorial Hospital, Berkeley Springs28$8,425,592$8,678,587−3.0%
Pocahontas Memorial Hospital, Buckeye27$4,873,489$4,693,8003.7%

Follow this hospital, free

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

More short-term acute care hospitals in West Virginia

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 HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 510020.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read September 18, 2001.