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Short-term acute care hospital · Milwaukee, Wisconsin · 21 beds · CMS certification number 520188

Vencor Hospital-Mount Carmel

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 1998, as submitted, stamped by CMS January 29, 1999. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$1.9M
$1,891,874 · G-3 line 3
Operating expenses
$1.6M
$1,649,991 · G-3 line 4
Result from patient care
$242K
$241,883 · G-3 line 5
Margin on patient care
12.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $1.1M in its first year on file (1997) to $938K in 1999.
  • Its result from patient care: −$611K (1997), $242K (1998), −$2.2M (1999).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 1998.

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
as submitted
$1.1M
$1.7M
1998
as submitted
$1.9M
$1.6M
1999
as submitted
$938K
$3.1M

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
Vencor Hospital-Mount Carmel21$1,891,874$1,649,99112.8%
Apple River Hospital, Amery10$10,592,343$10,574,4960.2%
Northwoods Hospital Association, Phelps5$3,219,025$4,201,666−30.5%
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%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 520188.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read January 29, 1999.