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Short-term acute care hospital · Eldorado, Illinois · 36 beds · CMS certification number 140246

Ferrell Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2003, reopened, stamped by CMS August 26, 2004. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$7.4M
$7,438,236 · G-3 line 3
Operating expenses
$7.8M
$7,782,221 · G-3 line 4
Result from patient care
−$344K
−$343,985 · G-3 line 5
Margin on patient care
−4.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.8M in its first year on file (1996) to $7.4M in 2003.
  • Its result from patient care: $45K (2001), $324K (2002), −$344K (2003).
  • 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 2003.

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

Eight years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.8M
$3.2M
1997
settled
$3.6M
$3.8M
1998
reopened
$8.2M
$8.8M
1999
reopened
$7.0M
$8.3M
2000
settled
$7.3M
$8.2M
2001
settled
$8.3M
$8.2M
2002
settled
$9.5M
$9.2M
2003
reopened
$7.4M
$7.8M

Beside its peers

Short-term acute care hospitals in Illinois with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Ferrell Hospital36$7,438,236$7,782,221−4.6%
Fayette County Hospital, Vandalia41$18,156,571$18,286,878−0.7%
Memorial Hospital, Chester40$14,472,817$15,025,184−3.8%
Pana Community Hospital, Pana35$10,316,989$10,336,223−0.2%
Sparta Community Hospital, Sparta39$16,724,503$16,427,6861.8%
Valley West Community Hospital, Sandwich35$20,034,579$21,910,567−9.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 140246.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read August 26, 2004.