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Long-term care hospital · Modesto, California · 36 beds · CMS certification number 052048

Kindred Hospital - Modesto

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2008, settled, stamped by CMS May 21, 2009. Three years on file, every one shown below.

Fiscal 2008 at a glance

Net patient revenue
$7.6M
$7,623,286 · G-3 line 3
Operating expenses
$10.2M
$10,183,641 · G-3 line 4
Result from patient care
−$2.6M
−$2,560,355 · G-3 line 5
Margin on patient care
−33.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $17.5M in its first year on file (2006) to $7.6M in 2008.
  • Its result from patient care: −$5.0M (2006), −$6.4M (2007), −$2.6M (2008).
  • None of the 5 long-term care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2008.

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

Three years of filings

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

Net patient revenueOperating expenses
2006
reopened
$17.5M
$22.5M
2007
settled
$16.8M
$23.3M
2008
settled
$7.6M
$10.2M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from California first; each on fiscal year 2008.

HospitalBedsNet patient revenueOperating expensesMargin
Kindred Hospital - Modesto36$7,623,286$10,183,641−33.6%
Kindred Hospital Brea, Brea48$22,976,461$21,722,9855.5%
Vibra Hospital of Sacramento, Folsom39$16,789,282$15,969,4364.9%
Vibra Hospital of Northern California, Redding50$27,943,415$25,322,1989.4%
Kindred Hospital Riverside, Perris40$24,100,603$22,054,2718.5%
Kindred Hospital South Bay, Gardena54$31,423,712$26,304,95616.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2008.ZIP, form CMS-2552-96, filed under CMS certification number 052048.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read May 21, 2009.