Velarion Records

Critical access hospital · Cuthbert, Georgia · 25 beds · CMS certification number 111300

SWGRMC

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2020, settled, stamped by CMS July 22, 2022. 21 years on file, every one shown below.

Fiscal 2020 at a glance

Net patient revenue
$12.6M
$12,584,554 · G-3 line 3
Operating expenses
$14.7M
$14,716,343 · G-3 line 4
Result from patient care
−$2.1M
−$2,131,789 · G-3 line 5
Margin on patient care
−16.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.1M in its first year on file (2000) to $12.6M in 2020.
  • Its result from patient care: −$247K (2018), −$426K (2019), −$2.1M (2020).
  • All 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2020.

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

21 years of filings

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

Net patient revenueOperating expenses
2000
reopened
$7.1M
$7.5M
2001
settled
$7.7M
$7.9M
2002
as submitted
$9.5M
$9.1M
2003
reopened
$10.4M
$10.4M
2004
reopened
$10.9M
$10.7M
2005
reopened
$12.8M
$12.6M
2006
settled
$14.3M
$15.1M
2007
settled
$13.9M
$15.4M
2008
reopened
$16.4M
$16.9M
2009
settled
$15.7M
$15.8M
2010
settled
$16.3M
$16.5M
2011
settled
$15.7M
$16.2M
2012
as submitted
$16.7M
$18.2M
2013
reopened
$12.9M
$14.6M
2014
reopened
$13.0M
$14.3M
2015
reopened
$13.3M
$13.8M
2016
settled
$13.2M
$13.8M
2017
settled
$13.4M
$14.2M
2018
reopened
$13.3M
$13.6M
2019
settled
$14.0M
$14.5M
2020
settled
$12.6M
$14.7M

Beside its peers

Critical access hospitals in Georgia with 25 to 49 beds, each on fiscal year 2020.

HospitalBedsNet patient revenueOperating expensesMargin
SWGRMC25$12,584,554$14,716,343−16.9%
Effingham Health System, Springfield25$57,225,679$68,672,923−20.0%
Atrium Health Navicent Peach, Byron25$22,454,129$23,632,104−5.3%
Miller County Hospital, Colquitt25$60,252,431$61,390,962−1.9%
Morgan Medical Center, Madison25$21,084,204$23,419,411−11.1%
Optim Medical Center - Screven, Sylvania25$11,822,822$13,567,212−14.8%

Follow this hospital, free

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

More critical access 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 HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 111300.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read July 22, 2022.