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Short-term acute care hospital · Petersburg, Alaska · 12 beds · CMS certification number 020009

Petersburg Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, settled, stamped by CMS September 30, 2003. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$4.6M
$4,551,596 · G-3 line 3
Operating expenses
$5.1M
$5,091,381 · G-3 line 4
Result from patient care
−$540K
−$539,785 · G-3 line 5
Margin on patient care
−11.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.4M in its first year on file (1997) to $4.6M in 2001.
  • Its result from patient care: −$478K (1999), −$723K (2000), −$540K (2001).
  • 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 2001.

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
1997
reopened
$3.4M
$4.2M
1998
settled
$3.8M
$4.2M
1999
settled
$4.1M
$4.6M
2000
reopened
$3.9M
$4.6M
2001
settled
$4.6M
$5.1M

Beside its peers

Short-term acute care hospitals in Alaska with under 25 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Petersburg Medical Center12$4,551,596$5,091,381−11.9%
Cordova Community Medical Center, Cordova17$3,557,554$5,534,448−55.6%
Norton Sound Regional Hospital, Nome19$25,451,619$44,748,476−75.8%
Sitka Community Hospital, Sitka15$7,911,268$9,704,108−22.7%
South Peninsula Hospital, Homer18$18,481,423$19,838,941−7.3%
Wrangell General Hospital, Wrangell8$9,059,270$5,987,90133.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 020009.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read September 30, 2003.