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Short-term acute care hospital · Hinesville, Georgia · 28 beds · CMS certification number 110063

Liberty Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 29, 2004, settled, stamped by CMS April 11, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$25.9M
$25,878,339 · G-3 line 3
Operating expenses
$29.0M
$28,991,447 · G-3 line 4
Result from patient care
−$3.1M
−$3,113,108 · G-3 line 5
Margin on patient care
−12.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.7M in its first year on file (1996) to $25.9M in 2004.
  • Its result from patient care: −$1.6M (2002), −$3.3M (2003), −$3.1M (2004).
  • 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 2004.

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

Nine years of filings

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

Net patient revenueOperating expenses
1996
settled
$10.7M
$11.3M
1997
settled
$11.4M
$12.4M
1998
settled
$11.1M
$12.6M
1999
settled
$13.5M
$16.5M
2000
settled with audit
$15.5M
$19.6M
2001
reopened
$20.4M
$22.5M
2002
settled
$24.5M
$26.1M
2003
settled
$25.4M
$28.7M
2004
settled
$25.9M
$29.0M

Beside its peers

Short-term acute care hospitals in Georgia with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Liberty Regional Medical Center28$25,878,339$28,991,447−12.0%
Appling Healthcare System, Baxley33$23,891,798$24,268,074−1.6%
Irwin County Hospital, Ocilla34$12,122,682$13,620,835−12.4%
Sempercare Hospital of Augusta, Augusta30$2,267,389$3,557,417−56.9%
Smith Hospital, Valdosta29$27,523,885$26,865,5272.4%
Southern Crescent Hospital, Riverdale30$988,267$2,462,719−149.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 110063.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read April 11, 2006.