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Short-term acute care hospital · Honokaa, Hawaii · 2 beds · CMS certification number 120016

Hale Ho Ola Hamakua

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2005, settled, stamped by CMS February 20, 2007. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$5.0M
$5,034,029 · G-3 line 3
Operating expenses
$7.1M
$7,077,747 · G-3 line 4
Result from patient care
−$2.0M
−$2,043,718 · G-3 line 5
Margin on patient care
−40.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.9M in its first year on file (1997) to $5.0M in 2005.
  • Its result from patient care: −$1.2M (2003), −$1.5M (2004), −$2.0M (2005).
  • 4 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 2005.

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
1997
reopened
$4.9M
$5.7M
1998
reopened
$4.2M
$5.8M
1999
settled with audit
$4.0M
$5.1M
2000
settled with audit
$4.6M
$5.9M
2001
settled
$4.8M
$6.0M
2002
settled
$4.7M
$6.1M
2003
settled
$5.2M
$6.4M
2004
reopened
$5.0M
$6.5M
2005
settled
$5.0M
$7.1M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Hawaii first; each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Hale Ho Ola Hamakua2$5,034,029$7,077,747−40.6%
Kona Hospital, Kealakekua49$40,309,193$48,341,322−19.9%
Queens North Hawaii Community Hospital, Kamuela40$34,314,911$41,217,549−20.1%
Samuel Mahelona Memorial Hospital, Kapaa2$7,602,876$10,001,124−31.5%
SSH - Honolulu, Honolulu30$860,038$2,873,174−234.1%
Wahiawa General Hospital, Wahiawa46$39,659,481$38,723,3232.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 120016.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read February 20, 2007.