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Short-term acute care hospital · Milford, Connecticut · 106 beds · CMS certification number 070019

Milford Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 8, 2019, settled, stamped by CMS February 11, 2022. 24 years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$33.3M
$33,253,386 · G-3 line 3
Operating expenses
$46.7M
$46,671,649 · G-3 line 4
Result from patient care
−$13.4M
−$13,418,263 · G-3 line 5
Margin on patient care
−40.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $41.1M in its first year on file (1996) to $33.3M in 2019.
  • Its result from patient care: −$2.1M (2017), −$5.7M (2018), −$13.4M (2019).
  • 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 2019.

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

24 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$41.1M
$36.8M
1997
reopened
$45.3M
$40.4M
1998
reopened
$46.2M
$44.2M
1999
reopened
$46.2M
$46.0M
2000
settled with audit
$47.7M
$48.6M
2001
settled with audit
$52.5M
$53.7M
2002
settled with audit
$60.8M
$61.3M
2003
settled
$62.1M
$62.9M
2004
settled
$66.1M
$67.2M
2005
settled
$70.6M
$69.8M
2006
settled
$71.9M
$75.6M
2007
settled
$77.2M
$82.7M
2008
settled
$83.7M
$85.5M
2009
reopened
$83.0M
$88.6M
2010
reopened
$78.9M
$86.3M
2011
reopened
$80.0M
$85.8M
2012
reopened
$84.6M
$90.9M
2013
reopened
$79.6M
$87.6M
2014
settled
$63.5M
$76.5M
2015
settled
$63.9M
$68.7M
2016
settled
$66.0M
$67.3M
2017
settled
$61.7M
$63.8M
2018
settled
$57.4M
$63.1M
2019
settled
$33.3M
$46.7M

Beside its peers

Short-term acute care hospitals in Connecticut with 100 to 199 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
Milford Hospital106$33,253,386$46,671,649−40.4%
Bristol Hospital, Bristol105$153,010,507$151,614,3660.9%
Day Kimball Healthcare, Putnam104$128,406,767$136,323,072−6.2%
John Dempsey Hospital, Farmington138$428,476,712$549,000,760−28.1%
Manchester Memorial Hospital, Manchester140$181,559,768$187,177,841−3.1%
Midstate Medical Center, Meriden144$295,333,520$276,393,6586.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 070019.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read February 11, 2022.