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Short-term acute care hospital · Phoenix, Arizona · 183 beds · CMS certification number 030003

Phoenix Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2001, settled with audit, stamped by CMS October 20, 2004. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$34.7M
$34,655,410 · G-3 line 3
Operating expenses
$134.3M
$134,274,804 · G-3 line 4
Result from patient care
−$99.6M
−$99,619,394 · G-3 line 5
Margin on patient care
−287.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $69.1M in its first year on file (1997) to $34.7M in 2001.
  • Its result from patient care: −$11.0M (1999), −$25.2M (2000), −$99.6M (2001).
  • 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 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
$69.1M
$75.5M
1998
reopened
$149.4M
$154.4M
1999
reopened
$162.3M
$173.3M
2000
reopened
$162.3M
$187.6M
2001
settled with audit
$34.7M
$134.3M

Beside its peers

Short-term acute care hospitals in Arizona with 100 to 199 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Phoenix Memorial Hospital183$34,655,410$134,274,804−287.5%
Flagstaff Medical Center, Flagstaff157$147,716,875$136,192,7297.8%
Kino Community Hospital, Tucson136$39,621,504$55,762,379−40.7%
Mayo Clinic Hospital, Phoenix150$335,697,112$408,450,409−21.7%
Northwest Medical Center, Tuscon192$134,234,946$115,717,99213.8%
Honorhealth Tempe Medical Center, Phoenix185$77,831,126$86,337,555−10.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 030003.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read October 20, 2004.