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Short-term acute care hospital · Valdosta, Georgia · 41 beds · CMS certification number 110212

Smith Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2011, as submitted, stamped by CMS November 8, 2013. Sixteen years on file, every one shown below.

Fiscal 2011 at a glance

Net patient revenue
$35.3M
$35,252,539 · G-3 line 3
Operating expenses
$35.9M
$35,886,113 · G-3 line 4
Result from patient care
−$634K
−$633,574 · G-3 line 5
Margin on patient care
−1.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.7M in its first year on file (1996) to $35.3M in 2011.
  • Its result from patient care: $2.5M (2009), $2.5M (2010), −$634K (2011).
  • 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 2011.
  • Medicaid paid for 4.8% of its inpatient days and Medicare for 38.3%.

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

Sixteen years of filings

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

Net patient revenueOperating expenses
1996
settled
$3.7M
$4.1M
1997
settled
$4.8M
$5.3M
1998
settled
$1.2M
$1.3M
1999
settled
$5.4M
$6.6M
2000
reopened
$7.9M
$7.4M
2001
settled
$7.3M
$8.5M
2002
settled
$14.8M
$15.3M
2003
as submitted
$22.6M
$22.2M
2004
settled
$27.5M
$26.9M
2005
settled
$32.7M
$31.2M
2006
reopened
$35.7M
$36.5M
2007
reopened
$38.0M
$37.6M
2008
reopened
$37.4M
$38.4M
2009
reopened
$41.4M
$38.9M
2010
reopened
$50.2M
$47.7M
2011
as submitted
$35.3M
$35.9M

Beside its peers

Short-term acute care hospitals in Georgia with 25 to 49 beds, each on fiscal year 2011.

HospitalBedsNet patient revenueOperating expensesMargin
Smith Hospital41$35,252,539$35,886,113−1.8%
Burke Health, Waynesboro40$9,781,143$11,070,087−13.2%
Piedmont Mountainside Hospital, Jasper42$60,892,309$60,572,0080.5%
TMC Villa Rica Hospital, Villa Rica40$77,033,676$58,556,38024.0%
Turning Point Hospital, Moultree43$22,401,949$13,290,46740.7%
Union General Hospital, Blairsville45$40,829,728$42,013,321−2.9%

Patients and payers

Discharges
2,127
S-3 line 14, col 15
Inpatient days
7,579
S-3 line 14, col 8
Beds in use, on an average day
31.3
days ÷ days in year
Occupancy
76.1%
days ÷ bed days
Medicare share of days
38.3%
S-3 cols 6 ÷ 8
Medicaid share of days
4.8%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: SAM LEWIS (21%), healthcare mgmt; ROBERT BAUER (4%), healthcare mgmt; CJ HERRING (4%), healthcare mgmt; JANE RAMSEY (0%), healthcare mgmt; SHAMB PUROHIT (0%), healthcare mgmt.

Type of control on its cost report: proprietary, corporation.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 110212. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2011.ZIP, read November 8, 2013.