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Short-term acute care hospital · Kremmling, Colorado · 19 beds · CMS certification number 060090

Kremmling Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2003, settled, stamped by CMS December 15, 2004. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$1.2M
$1,171,947 · G-3 line 3
Operating expenses
$1.5M
$1,456,609 · G-3 line 4
Result from patient care
−$285K
−$284,662 · G-3 line 5
Margin on patient care
−24.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.7M in its first year on file (1996) to $1.2M in 2003.
  • Its result from patient care: −$981K (2001), −$1.6M (2002), −$285K (2003).
  • 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 2003.

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

Eight years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.7M
$3.5M
1997
settled
$2.4M
$3.3M
1998
settled
$2.4M
$3.5M
1999
settled
$2.7M
$3.5M
2000
settled
$3.1M
$4.1M
2001
reopened
$3.8M
$4.8M
2002
settled
$4.5M
$6.1M
2003
settled
$1.2M
$1.5M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Colorado first; each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Kremmling Memorial Hospital19$1,171,947$1,456,609−24.3%
Gunnison Valley Hospital, Gunnison24$9,823,734$9,435,4734.0%
Keefe Memorial Hospital, Cheyenne We33s13$2,830,550$3,216,683−13.6%
National Jewish Health, Denver24$37,422,952$121,566,715−224.8%
Pioneers Hospital, Meeker17$6,215,518$6,840,555−10.1%
Uchealth, Steamboat Springs29$42,038,699$41,030,4222.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 060090.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read December 15, 2004.