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Short-term acute care hospital · Evansville, Indiana · 238 beds · CMS certification number 150025

Welborn Baptist Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 21, 1999, reopened, stamped by CMS January 19, 2005. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$57.5M
$57,495,430 · G-3 line 3
Operating expenses
$64.8M
$64,810,448 · G-3 line 4
Result from patient care
−$7.3M
−$7,315,018 · G-3 line 5
Margin on patient care
−12.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $88.0M in its first year on file (1997) to $57.5M in 1999.
  • Its result from patient care: −$1.7M (1997), −$5.1M (1998), −$7.3M (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.

Three years of filings

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

Net patient revenueOperating expenses
1997
reopened
$88.0M
$89.7M
1998
reopened
$87.2M
$92.4M
1999
reopened
$57.5M
$64.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Welborn Baptist Hospital238$57,495,430$64,810,448−12.7%
Iu Health Bloomington Hospital, Bloomington234$126,816,200$148,373,350−17.0%
Franciscan Health Lafayette, Lafayette250$94,429,405$95,187,178−0.8%
Saint Joseph Regional Medical Center, South Bend261$150,793,546$115,810,14423.2%
The Methodist Hospitals Inc-Broadwa, Merrillville259$109,864,778$110,158,191−0.3%
Winona Memorial Hospital, Indianapolis238$37,477,806$37,979,797−1.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 150025.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read January 19, 2005.