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Short-term acute care hospital · Galesburg, Illinois · 96 beds · CMS certification number 140040

Galesburg Cottage Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2021, settled, stamped by CMS August 28, 2024. 25 years on file, every one shown below.

Fiscal 2021 at a glance

Net patient revenue
$86.7M
$86,710,522 · G-3 line 3
Operating expenses
$15.2M
$15,223,048 · G-3 line 4
Result from patient care
$71.5M
$71,487,474 · G-3 line 5
Margin on patient care
82.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $41.5M in its first year on file (1997) to $86.7M in 2021.
  • Its result from patient care: −$2.4M (2019), −$8.6M (2020), $71.5M (2021).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2021.

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

25 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$41.5M
$41.1M
1998
reopened
$43.2M
$44.4M
1999
reopened
$46.0M
$45.4M
2000
settled
$49.2M
$50.1M
2001
reopened
$52.7M
$55.1M
2002
reopened
$50.7M
$57.9M
2003
reopened
$48.0M
$55.2M
2004
reopened
$25.3M
$29.1M
2005
settled
$47.4M
$42.8M
2006
reopened
$56.4M
$49.3M
2007
reopened
$61.9M
$54.7M
2008
reopened
$70.7M
$56.4M
2009
reopened
$76.0M
$59.4M
2010
reopened
$72.8M
$61.3M
2011
settled
$75.9M
$60.1M
2012
settled
$80.7M
$61.2M
2013
reopened
$78.4M
$61.4M
2014
reopened
$75.9M
$62.0M
2015
reopened
$72.6M
$60.7M
2016
reopened
$64.1M
$53.6M
2017
reopened
$61.9M
$59.3M
2018
settled
$61.5M
$55.2M
2019
settled
$51.0M
$53.5M
2020
settled
$41.8M
$50.5M
2021
settled
$86.7M
$15.2M

Beside its peers

Short-term acute care hospitals in Illinois with 50 to 99 beds, each on fiscal year 2021.

HospitalBedsNet patient revenueOperating expensesMargin
Galesburg Cottage Hospital96$86,710,522$15,223,04882.4%
CGH Medical Center, Sterling98$215,369,284$230,369,602−7.0%
Deaconess Illinois Medical Center, Marion94$87,516,974$74,687,03714.7%
Northwestern Medicine Kishwaukee Hospital, Dekalb98$292,521,659$227,588,97922.2%
Morris Hospital & Healthcare Centers, Morris89$198,058,698$204,689,355−3.4%
OSF Saint Elizabeth Medical Center, Ottawa88$133,447,769$110,915,92416.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2020.ZIP, form CMS-2552-10, filed under CMS certification number 140040.

How this page was built: the CMS Medicare cost report, file HOSP10FY2020.ZIP, read August 28, 2024.