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Short-term acute care hospital · Cheyenne Wells, Colorado · 11 beds · CMS certification number 060043

Keefe Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 24, 2017, settled, stamped by CMS February 16, 2022. 22 years on file, every one shown below.

Fiscal 2017 at a glance

Net patient revenue
$2.5M
$2,516,608 · G-3 line 3
Operating expenses
$3.8M
$3,825,283 · G-3 line 4
Result from patient care
−$1.3M
−$1,308,675 · G-3 line 5
Margin on patient care
−52.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.4M in its first year on file (1996) to $2.5M in 2017.
  • Its result from patient care: $339K (2015), −$2.2M (2016), −$1.3M (2017).
  • 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 2017.

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

22 years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.4M
$2.7M
1997
settled
$2.2M
$2.6M
1998
settled
$2.6M
$2.7M
1999
settled
$2.2M
$2.7M
2000
reopened
$2.2M
$2.8M
2001
reopened
$2.7M
$2.9M
2002
reopened
$3.2M
$3.1M
2003
reopened
$2.8M
$3.2M
2004
reopened
$3.3M
$3.4M
2005
settled
$3.0M
$3.6M
2006
reopened
$3.4M
$3.9M
2007
settled
$3.4M
$4.2M
2008
settled
$4.3M
$5.4M
2009
settled
$4.3M
$5.5M
2010
settled
$4.8M
$5.5M
2011
settled
$3.5M
$5.1M
2012
reopened
$3.1M
$4.7M
2013
reopened
$3.1M
$4.5M
2014
settled
$3.9M
$4.9M
2015
settled
$4.4M
$4.1M
2016
settled
$4.3M
$6.5M
2017
settled
$2.5M
$3.8M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Colorado first; each on fiscal year 2017.

HospitalBedsNet patient revenueOperating expensesMargin
Keefe Memorial Hospital11$2,516,608$3,825,283−52.0%
Animas Surgical Hospital, Durango12$34,108,879$29,116,52514.6%
Banner Fort Collins Medical Center, Fort Collins23$33,516,715$46,849,781−39.8%
National Jewish Health, Denver24$230,289,320$266,743,431−15.8%
SCL Health Community Hospital - West, Westminster24$17,937,241$42,676,679−137.9%
Sterling Regional Medcenter, Sterling25$55,017,987$45,591,58317.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2017.ZIP, form CMS-2552-10, filed under CMS certification number 060043.

How this page was built: the CMS Medicare cost report, file HOSP10FY2017.ZIP, read February 16, 2022.