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Short-term acute care hospital · Clayton, Georgia · 49 beds · CMS certification number 110140

Ridgecrest Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1998, settled, stamped by CMS April 4, 2001. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$7.3M
$7,265,546 · G-3 line 3
Operating expenses
$8.9M
$8,948,179 · G-3 line 4
Result from patient care
−$1.7M
−$1,682,633 · G-3 line 5
Margin on patient care
−23.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.4M in its first year on file (1996) to $7.3M in 1998.
  • Its result from patient care: −$255K (1996), −$756K (1997), −$1.7M (1998).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
reopened
$9.4M
$9.7M
1997
settled
$8.6M
$9.4M
1998
settled
$7.3M
$8.9M

Beside its peers

Short-term acute care hospitals in Georgia with 25 to 49 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Ridgecrest Hospital49$7,265,546$8,948,179−23.2%
Appling Healthcare System, Baxley49$11,540,810$13,753,751−19.2%
Chestatee Regional Hospital, Dahlonega49$14,447,180$15,732,748−8.9%
Flint River Community Hospital, Montezuma49$9,479,728$12,657,847−33.5%
Liberty Regional Medical Center, Hinesville49$11,137,021$12,596,007−13.1%
Screven County Hospital, Sylvania49$4,848,306$5,220,085−7.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 110140.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read April 4, 2001.