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Short-term acute care hospital · Phelps, Wisconsin · 5 beds · CMS certification number 520120

Northwoods Hospital Association

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 17, 1998, settled, stamped by CMS December 2, 2002. Two years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$3.2M
$3,219,025 · G-3 line 3
Operating expenses
$4.2M
$4,201,666 · G-3 line 4
Result from patient care
−$983K
−$982,641 · G-3 line 5
Margin on patient care
−30.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.7M in its first year on file (1997) to $3.2M in 1998.
  • Its result from patient care: −$969K (1997), −$983K (1998).
  • 3 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 1998.

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

Two years of filings

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

Net patient revenueOperating expenses
1997
reopened
$3.7M
$4.7M
1998
settled
$3.2M
$4.2M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Wisconsin first; each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Northwoods Hospital Association5$3,219,025$4,201,666−30.5%
Apple River Hospital, Amery10$10,592,343$10,574,4960.2%
Oconto Memorial Hospital, Oconto25$2,834,088$3,087,306−8.9%
Sparta Hospital, Sparta28$8,367,216$10,558,208−26.2%
Stoughton Hospital Association, Stoughton28$13,511,923$14,303,459−5.9%
Vencor Hospital-Mount Carmel, Milwaukee21$1,891,874$1,649,99112.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 520120.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read December 2, 2002.