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Short-term acute care hospital · Burlington, Colorado · 24 beds · CMS certification number 060037

Kit Carson County Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2001, settled, stamped by CMS August 24, 2004. Six years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$6.7M
$6,693,101 · G-3 line 3
Operating expenses
$7.1M
$7,058,710 · G-3 line 4
Result from patient care
−$366K
−$365,609 · G-3 line 5
Margin on patient care
−5.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.4M in its first year on file (1996) to $6.7M in 2001.
  • Its result from patient care: $218K (1999), −$20K (2000), −$366K (2001).
  • 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 2001.

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

Six years of filings

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

Net patient revenueOperating expenses
1996
settled
$3.4M
$3.6M
1997
settled
$4.4M
$4.1M
1998
as submitted
$4.3M
$4.4M
1999
settled
$4.9M
$4.7M
2000
reopened
$6.7M
$6.7M
2001
settled
$6.7M
$7.1M

Beside its peers

Short-term acute care hospitals in Colorado with under 25 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Kit Carson County Memorial Hospital24$6,693,101$7,058,710−5.5%
Gunnison Valley Hospital, Gunnison24$10,849,301$10,220,9015.8%
Kremmling Memorial, Kremmling19$3,848,013$4,829,481−25.5%
National Jewish Health, Denver24$28,200,000$105,081,438−272.6%
Pioneers Hospital, Meeker17$4,821,252$6,029,594−25.1%
Spanish Peaks Medical Center, Walsenburg24$11,188,146$13,419,679−20.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 060037.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read August 24, 2004.