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Short-term acute care hospital · Hugo, Colorado · 21 beds · CMS certification number 060062

Lincoln Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 23, 2000, reopened, stamped by CMS December 9, 2004. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$2.6M
$2,590,512 · G-3 line 3
Operating expenses
$3.1M
$3,115,650 · G-3 line 4
Result from patient care
−$525K
−$525,138 · G-3 line 5
Margin on patient care
−20.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.9M in its first year on file (1996) to $2.6M in 2000.
  • Its result from patient care: −$669K (1998), −$572K (1999), −$525K (2000).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2000.

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

Five years of filings

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

Net patient revenueOperating expenses
1996
settled
$3.9M
$4.0M
1997
settled
$3.9M
$4.4M
1998
reopened
$4.1M
$4.7M
1999
settled
$4.2M
$4.7M
2000
reopened
$2.6M
$3.1M

Beside its peers

Short-term acute care hospitals in Colorado with under 25 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Lincoln Community Hospital21$2,590,512$3,115,650−20.3%
Kit Carson County Memorial Hospital, Burlington24$6,718,373$6,737,949−0.3%
Kremmling Memorial, Kremmling19$3,121,744$4,054,232−29.9%
Melissa Memorial Hospital, Holyoke24$2,318,369$2,534,433−9.3%
Pioneers Hospital, Meeker17$4,733,528$5,901,052−24.7%
Spanish Peaks Medical Center, Walsenburg24$10,794,753$12,531,563−16.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 060062.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read December 9, 2004.