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Short-term acute care hospital · Fort Myers, Florida · 120 beds · CMS certification number 100279

Gulf Coast Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2007, reopened, stamped by CMS August 19, 2013. Twelve years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$50.1M
$50,076,818 · G-3 line 3
Operating expenses
$55.0M
$54,981,652 · G-3 line 4
Result from patient care
−$4.9M
−$4,904,834 · G-3 line 5
Margin on patient care
−9.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $40.8M in its first year on file (1996) to $50.1M in 2007.
  • Its result from patient care: −$2.0M (2005), −$3.6M (2006), −$4.9M (2007).
  • 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 2007.

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

Twelve years of filings

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

Net patient revenueOperating expenses
1996
as submitted
$40.8M
$38.9M
1997
as submitted
$41.0M
$44.0M
1998
as submitted
$34.0M
$36.4M
1999
as submitted
$29.7M
$30.4M
2000
as submitted
$29.0M
$30.0M
2001
reopened
$32.4M
$32.5M
2002
reopened
$28.2M
$30.8M
2003
reopened
$44.2M
$46.8M
2004
reopened
$45.0M
$51.7M
2005
reopened
$52.0M
$54.1M
2006
reopened
$40.4M
$44.0M
2007
reopened
$50.1M
$55.0M

Beside its peers

Short-term acute care hospitals in Florida with 100 to 199 beds, each on fiscal year 2007.

HospitalBedsNet patient revenueOperating expensesMargin
Gulf Coast Hospital120$50,076,818$54,981,652−9.8%
Edward White Hospital, St. Petersburg120$39,855,032$48,083,125−20.6%
HCA Florida Highlands Hospital, Sebring126$45,917,594$46,691,272−1.7%
Homestead Hospital, Homestead120$162,775,604$186,498,694−14.6%
Adventhealth Dade City, Dade City120$45,132,813$40,704,7769.8%
Coral West Community Hospital, Miami123$48,348,999$54,531,741−12.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2007.ZIP, form CMS-2552-96, filed under CMS certification number 100279.

How this page was built: the CMS Medicare cost report, file HOSPFY2007.ZIP, read August 19, 2013.