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Short-term acute care hospital · Cortez, Colorado · 49 beds · CMS certification number 060018

Southwest Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 21, 2008, settled, stamped by CMS December 21, 2017. Thirteen years on file, every one shown below.

Fiscal 2008 at a glance

Net patient revenue
$25.5M
$25,450,389 · G-3 line 3
Operating expenses
$26.1M
$26,147,905 · G-3 line 4
Result from patient care
−$698K
−$697,516 · G-3 line 5
Margin on patient care
−2.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.4M in its first year on file (1996) to $25.5M in 2008.
  • Its result from patient care: −$1.4M (2006), −$2.9M (2007), −$698K (2008).
  • 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 2008.

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

Thirteen years of filings

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

Net patient revenueOperating expenses
1996
reopened
$5.4M
$5.1M
1997
settled
$18.8M
$18.8M
1998
settled
$19.5M
$20.3M
1999
settled with audit
$20.2M
$20.0M
2000
reopened
$20.1M
$19.9M
2001
reopened
$25.7M
$23.0M
2002
reopened
$25.2M
$25.1M
2003
reopened
$25.2M
$25.2M
2004
reopened
$26.7M
$26.7M
2005
reopened
$27.9M
$28.7M
2006
settled
$30.7M
$32.0M
2007
settled
$34.5M
$37.4M
2008
settled
$25.5M
$26.1M

Beside its peers

Short-term acute care hospitals in Colorado with 25 to 49 beds, each on fiscal year 2008.

HospitalBedsNet patient revenueOperating expensesMargin
Southwest Memorial Hospital49$25,450,389$26,147,905−2.7%
Colorado Orthopaedic & Surgical Hosp, Denver42$558,145$2,713,661−386.2%
St. Elizabeth Hospital, Fort Morgan40$35,481,027$29,670,56516.4%
Community Hospital, Grand Junction44$53,832,710$57,403,925−6.6%
Delta County Memorial Hospital, Delta49$55,980,561$56,107,037−0.2%
SLV Health Regional Medical Center, Alamosa48$52,185,778$52,529,485−0.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2008.ZIP, form CMS-2552-96, filed under CMS certification number 060018.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read December 21, 2017.