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Short-term acute care hospital · Sylvester, Georgia · 43 beds · CMS certification number 110134

Phoebe Worth Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2002, reopened, stamped by CMS November 14, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$2.0M
$1,970,692 · G-3 line 3
Operating expenses
$3.1M
$3,058,420 · G-3 line 4
Result from patient care
−$1.1M
−$1,087,728 · G-3 line 5
Margin on patient care
−55.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.1M in its first year on file (1996) to $2.0M in 2002.
  • Its result from patient care: −$1.9M (2000), −$591K (2001), −$1.1M (2002).
  • 2 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$1.1M
$1.3M
1997
settled
$5.5M
$6.9M
1998
settled
$7.3M
$9.1M
1999
settled
$8.4M
$12.1M
2000
settled
$7.9M
$9.9M
2001
settled
$8.4M
$9.0M
2002
reopened
$2.0M
$3.1M

Beside its peers

Short-term acute care hospitals in Georgia with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Phoebe Worth Medical Center43$1,970,692$3,058,420−55.2%
Northside Hospital Forsyth, Cummings41$23,282,685$25,351,425−8.9%
Emanuel Medical Center, Swainsboro42$22,925,917$20,031,97512.6%
Archbold Grady, Cairo46$17,479,118$14,668,66716.1%
Perry Hospital, Perry45$14,835,525$16,057,141−8.2%
Union General Hospital, Blairsville45$22,630,516$21,048,7427.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 110134.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read November 14, 2005.