Velarion Records

Short-term acute care hospital · Indianapolis, Indiana · 129 beds · CMS certification number 150014

Winona Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2003, settled, stamped by CMS March 27, 2007. Seven years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$28.6M
$28,637,642 · G-3 line 3
Operating expenses
$28.8M
$28,820,677 · G-3 line 4
Result from patient care
−$183K
−$183,035 · G-3 line 5
Margin on patient care
−0.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $41.6M in its first year on file (1997) to $28.6M in 2003.
  • Its result from patient care: −$5.7M (2001), −$7.8M (2002), −$183K (2003).
  • 2 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.

Seven years of filings

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

Net patient revenueOperating expenses
1997
reopened
$41.6M
$38.7M
1998
reopened
$42.7M
$40.1M
1999
reopened
$37.5M
$38.0M
2000
reopened
$34.6M
$39.0M
2001
settled
$30.9M
$36.6M
2002
settled
$30.1M
$37.9M
2003
settled
$28.6M
$28.8M

Beside its peers

Short-term acute care hospitals in Indiana with 100 to 199 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Winona Memorial Hospital129$28,637,642$28,820,677−0.6%
Norton - Kings Daughters Health, Madison127$77,906,884$74,402,3604.5%
Franciscan Health Michigan City, Michigan City130$101,661,226$94,092,9267.4%
Powers Health, East Chicago133$84,454,969$94,215,480−11.6%
St. Elizabeth Medical Center, Lafayette127$116,930,863$116,634,1480.3%
Ascension St. Vincent Kokomo, Kokomo141$69,986,861$71,534,180−2.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 150014.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read March 27, 2007.