Velarion Records

Short-term acute care hospital · Newnan, Georgia · 100 beds · CMS certification number 110193

Newnan Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2003, as submitted, stamped by CMS June 9, 2004. Nine years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$57.7M
$57,736,467 · G-3 line 3
Operating expenses
$67.6M
$67,558,993 · G-3 line 4
Result from patient care
−$9.8M
−$9,822,526 · G-3 line 5
Margin on patient care
−17.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $48.4M in its first year on file (1996) to $27.5M in 2004.
  • Its result from patient care: −$4.2M (2002), −$9.8M (2003), −$8.1M (2004).
  • 3 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 2003.

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
$48.4M
$45.3M
1997
as submitted
$46.9M
$44.3M
1998
settled
$47.9M
$45.7M
1999
settled
$45.9M
$47.3M
2000
reopened
$50.7M
$52.3M
2001
reopened
$58.9M
$62.4M
2002
settled
$60.3M
$64.5M
2003
as submitted
$57.7M
$67.6M
2004
as submitted
$27.5M
$35.6M

Beside its peers

Short-term acute care hospitals in Georgia with 100 to 199 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Newnan Hospital100$57,736,467$67,558,993−17.0%
Piedmont Eastside Medical Center, Snellville104$92,666,966$109,540,021−18.2%
Piedmont Fayette Hospital, Fayetteville100$79,837,549$77,213,4523.3%
Piedmont Macon North Hospital, Macon103$30,351,272$31,939,337−5.2%
Atrium Health Navicent Baldwin, Milledgeville102$55,915,980$61,928,190−10.8%
Piedmont Rockdale Hospital, Conyers107$86,067,326$84,560,1951.8%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Georgia

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 110193.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read June 9, 2004.