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Short-term acute care hospital · Newnan, Georgia · 143 beds · CMS certification number 110020

Newnan Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2007, reopened, stamped by CMS December 30, 2008. Eleven years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$16.0M
$15,978,381 · G-3 line 3
Operating expenses
$19.1M
$19,060,285 · G-3 line 4
Result from patient care
−$3.1M
−$3,081,904 · G-3 line 5
Margin on patient care
−19.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $32.3M in its first year on file (1996) to $16.0M in 2007.
  • Its result from patient care: −$9.5M (2005), −$10.4M (2006), −$3.1M (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.

Eleven years of filings

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

Net patient revenueOperating expenses
1996
settled
$32.3M
$27.3M
1997
settled with audit
$26.4M
$29.3M
1999
reopened
$25.6M
$28.2M
2000
as submitted
$26.0M
$30.9M
2001
reopened
$27.2M
$29.5M
2002
reopened
$31.4M
$40.4M
2003
settled
$37.8M
$42.6M
2004
reopened
$63.5M
$65.5M
2005
reopened
$96.5M
$106.0M
2006
reopened
$100.5M
$110.8M
2007
reopened
$16.0M
$19.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Newnan Hospital143$15,978,381$19,060,285−19.3%
East Georgia Regional Medical Center, Statesboro150$119,452,790$80,108,55932.9%
Piedmont Newnan Hospital, Newnan143$29,398,793$35,229,516−19.8%
Piedmont Rockdale Hospital, Conyers138$111,067,690$120,158,608−8.2%
Memorial Satilla Health, Waycross151$118,279,810$124,333,118−5.1%
St. Mary's Health Care System, Athens155$154,635,450$160,459,737−3.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2007.ZIP, form CMS-2552-96, filed under CMS certification number 110020.

How this page was built: the CMS Medicare cost report, file HOSPFY2007.ZIP, read December 30, 2008.