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Short-term acute care hospital · Red Bay, Alabama · 31 beds · CMS certification number 010115

Red Bay Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2005, reopened, stamped by CMS December 3, 2008. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$7.8M
$7,752,709 · G-3 line 3
Operating expenses
$8.4M
$8,376,081 · G-3 line 4
Result from patient care
−$623K
−$623,372 · G-3 line 5
Margin on patient care
−8.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.4M in its first year on file (1996) to $7.8M in 2005.
  • Its result from patient care: −$232K (2003), −$85K (2004), −$623K (2005).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2005.

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

Ten years of filings

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

Net patient revenueOperating expenses
1996
settled
$5.4M
$4.9M
1997
settled
$6.2M
$5.5M
1998
settled
$6.3M
$6.4M
1999
settled
$5.7M
$6.0M
2000
settled
$5.7M
$6.0M
2001
settled
$6.4M
$6.8M
2002
settled
$7.8M
$7.8M
2003
settled
$7.6M
$7.8M
2004
settled
$7.9M
$8.0M
2005
reopened
$7.8M
$8.4M

Beside its peers

Short-term acute care hospitals in Alabama with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Red Bay Hospital31$7,752,709$8,376,081−8.0%
Bullock County Hospital, Union Springs30$7,731,770$8,185,240−5.9%
Hill Hospital of Sumter County, York33$4,140,890$5,435,244−31.3%
John Paul Jones Hospital, Camden30$2,906,204$3,392,381−16.7%
Marion Regional Medical Center, Hamilton34$16,227,407$18,065,023−11.3%
Wedowee Hospital, Wedowee34$2,537,998$2,775,457−9.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 010115.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read December 3, 2008.