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Short-term acute care hospital · Santa Barbara, California · 48 beds · CMS certification number 050061

St. Francis Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2003, reopened, stamped by CMS September 11, 2008. Seven years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$23.6M
$23,558,009 · G-3 line 3
Operating expenses
$33.4M
$33,355,015 · G-3 line 4
Result from patient care
−$9.8M
−$9,797,006 · G-3 line 5
Margin on patient care
−41.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.1M in its first year on file (1997) to $23.6M in 2003.
  • Its result from patient care: −$4.3M (2001), −$4.0M (2002), −$9.8M (2003).
  • 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 2003.

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

Seven years of filings

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

Net patient revenueOperating expenses
1997
as submitted
$3.1M
$4.7M
1998
settled with audit
$24.0M
$27.4M
1999
settled
$26.5M
$30.0M
2000
reopened
$28.7M
$34.0M
2001
reopened
$31.6M
$35.9M
2002
settled
$22.0M
$26.0M
2003
reopened
$23.6M
$33.4M

Beside its peers

Short-term acute care hospitals in California with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
St. Francis Medical Center48$23,558,009$33,355,015−41.6%
Central Valley Orthopedic & Spine in, Sanger48$2,961,622$3,637,212−22.8%
Hazel Hawkins Mem. Hospital, Hollister49$50,433,167$49,247,7602.4%
Memorial Hospital Los Banos, Los Banos48$29,211,961$25,773,58611.8%
Monrovia Community Hospital, Monrovia49$5,760,116$7,812,725−35.6%
Santa Paula Hospital, Santa Paula49$13,405,410$16,989,422−26.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 050061.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read September 11, 2008.