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Short-term acute care hospital · Florence, Arizona · 23 beds · CMS certification number 030129

Florence Comm. Healthcare

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 7, 2011, reopened, stamped by CMS July 19, 2024. Two years on file, every one shown below.

Fiscal 2011 at a glance

Net patient revenue
$8.1M
$8,062,383 · G-3 line 3
Operating expenses
$9.2M
$9,156,136 · G-3 line 4
Result from patient care
−$1.1M
−$1,093,753 · G-3 line 5
Margin on patient care
−13.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.7M in its first year on file (2010) to $8.1M in 2011.
  • Its result from patient care: −$3.1M (2010), −$1.1M (2011).
  • None of the 4 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2011.
  • Medicaid paid for 19.0% of its inpatient days and Medicare for 26.4%.

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
2010
reopened
$2.7M
$5.8M
2011
reopened
$8.1M
$9.2M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Arizona first; each on fiscal year 2011.

HospitalBedsNet patient revenueOperating expensesMargin
Florence Comm. Healthcare23$8,062,383$9,156,136−13.6%
Arizona Specialty Hospital, Chandler24$26,102,617$23,266,53510.9%
Arizona Spine and Joint Hospital, Mesa23$18,547,800$17,336,1816.5%
Gilbert Hospital, Gilbert19$64,953,246$53,638,19917.4%
PHS Indian Hospital- San Carlos, San Carlos8$2
The Core Institute Specialty Hospital, Phoenix33$23,157,089$22,302,0313.7%

Patients and payers

Discharges
771
S-3 line 14, col 15
Inpatient days
2,497
S-3 line 14, col 8
Beds in use, on an average day
10.0
days ÷ days in year
Occupancy
43.6%
days ÷ bed days
Medicare share of days
26.4%
S-3 cols 6 ÷ 8
Medicaid share of days
19.0%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: HOF (100%), hospital owners; INITIATIVES H. (100%), management.

Type of control on its cost report: proprietary, corporation.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 030129. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2011.ZIP, read July 19, 2024.