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Short-term acute care hospital · Gibson City, Illinois · 40 beds · CMS certification number 140220

Gibson Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 2, 2002, reopened, stamped by CMS May 18, 2004. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$5.0M
$5,003,168 · G-3 line 3
Operating expenses
$5.3M
$5,313,579 · G-3 line 4
Result from patient care
−$310K
−$310,411 · G-3 line 5
Margin on patient care
−6.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $12.2M in its first year on file (1996) to $5.0M in 2002.
  • Its result from patient care: −$224K (2000), −$3.4M (2001), −$310K (2002).
  • 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
reopened
$12.2M
$11.5M
1997
settled
$12.7M
$12.5M
1998
reopened
$14.4M
$14.1M
1999
reopened
$15.3M
$15.2M
2000
settled
$16.8M
$17.0M
2001
reopened
$16.8M
$20.2M
2002
reopened
$5.0M
$5.3M

Beside its peers

Short-term acute care hospitals in Illinois with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Gibson Community Hospital40$5,003,168$5,313,579−6.2%
Fayette County Hospital, Vandalia41$18,273,743$18,455,834−1.0%
Hamilton Memorial Hospital, Mcleansboro44$7,494,748$7,795,128−4.0%
Lawrence County Memorial Hospital, Lawrenceville42$9,550,521$10,690,672−11.9%
Memorial Hospital, Chester40$13,611,718$14,028,748−3.1%
Sparta Community Hospital, Sparta39$17,173,049$15,952,9157.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 140220.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read May 18, 2004.