Velarion Records

Short-term acute care hospital · Chicago, Illinois · 215 beds · CMS certification number 140087

Edgewater Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1999, as submitted, stamped by CMS November 16, 2001. Two years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$67.8M
$67,829,512 · G-3 line 3
Operating expenses
$69.4M
$69,380,138 · G-3 line 4
Result from patient care
−$1.6M
−$1,550,626 · G-3 line 5
Margin on patient care
−2.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $70.7M in its first year on file (1996) to $67.8M in 1999.
  • Its result from patient care: $7.0M (1996), −$1.6M (1999).
  • 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 1999.

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

Two years of filings

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

Net patient revenueOperating expenses
1996
reopened
$70.7M
$63.7M
1999
as submitted
$67.8M
$69.4M

Beside its peers

Short-term acute care hospitals in Illinois with 200 to 399 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Edgewater Medical Center215$67,829,512$69,380,138−2.3%
Alton Memorial Hospital, Alton219$53,881,089$56,559,668−5.0%
Community First Medical Center, Chicago216$109,091,094$104,340,8304.3%
OSF Heart of Mary Medical Center, Urbana212$91,274,359$98,543,175−8.0%
OSF Saint Anthony Medical Center, Rockford213$133,484,115$134,250,162−0.6%
Saint Mary of Nazareth Hospital, Chicago229$121,503,969$128,458,373−5.7%

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 HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 140087.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read November 16, 2001.