Velarion Records

Short-term acute care hospital · Carthage, Illinois · 48 beds · CMS certification number 140081

Memorial Hospital Association

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 7, 2000, reopened, stamped by CMS June 9, 2004. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$11.9M
$11,927,797 · G-3 line 3
Operating expenses
$10.1M
$10,142,998 · G-3 line 4
Result from patient care
$1.8M
$1,784,799 · G-3 line 5
Margin on patient care
15.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $11.3M in its first year on file (1997) to $11.9M in 2000.
  • Its result from patient care: $1.9M (1998), $1.9M (1999), $1.8M (2000).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2000.

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

Four years of filings

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

Net patient revenueOperating expenses
1997
settled
$11.3M
$10.0M
1998
reopened
$11.7M
$9.8M
1999
settled
$12.0M
$10.1M
2000
reopened
$11.9M
$10.1M

Beside its peers

Short-term acute care hospitals in Illinois with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Memorial Hospital Association48$11,927,797$10,142,99815.0%
Community Memorial Hospital, Staunton49$9,149,704$9,469,275−3.5%
Hardin County General Hospital, Rosiclare48$4,176,858$4,229,443−1.3%
Kewanee Hospital, Kewanee48$27,574,780$26,896,1762.5%
Morrison Community Hospital, Morrison48$4,089,917$4,270,255−4.4%
Paris Community Hospital, Paris49$13,749,439$14,338,330−4.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 140081.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read June 9, 2004.