Velarion Records

Short-term acute care hospital · Red Bud, Illinois · 31 beds · CMS certification number 140061

Red Bud Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2005, reopened, stamped by CMS November 17, 2009. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$14.7M
$14,710,707 · G-3 line 3
Operating expenses
$16.6M
$16,646,282 · G-3 line 4
Result from patient care
−$1.9M
−$1,935,575 · G-3 line 5
Margin on patient care
−13.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $15.6M in its first year on file (1997) to $14.7M in 2005.
  • Its result from patient care: −$5.8M (2003), −$2.4M (2004), −$1.9M (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
$15.6M
$16.1M
1998
settled
$16.2M
$16.9M
1999
reopened
$16.2M
$17.2M
2000
reopened
$16.0M
$17.8M
2001
settled
$15.7M
$17.1M
2002
reopened
$11.3M
$15.4M
2003
settled
$13.5M
$19.3M
2004
reopened
$14.3M
$16.8M
2005
reopened
$14.7M
$16.6M

Beside its peers

Short-term acute care hospitals in Illinois with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Red Bud Hospital31$14,710,707$16,646,282−13.2%
Carlinville Area Hospital - 11 Mo, Carlinville33$10,095,523$11,165,759−10.6%
HSHS Holy Family Hospital, Greenville32$26,275,247$26,470,996−0.7%
Lawrence County Memorial Hospital, Lawrenceville38$6,953,686$7,794,183−12.1%
Public Hosp of the Town of Salem, Salem31$15,581,560$16,527,792−6.1%
Shelby Memorial Hospital, Shelbyville30$16,509,843$15,550,5585.8%

Follow this hospital, free

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

More short-term acute care hospitals in Illinois

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 HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 140061.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read November 17, 2009.