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Short-term acute care hospital · Tipton, Indiana · 51 beds · CMS certification number 150053

Tipton County Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2002, reopened, stamped by CMS November 8, 2004. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$4.1M
$4,076,844 · G-3 line 3
Operating expenses
$4.3M
$4,261,820 · G-3 line 4
Result from patient care
−$185K
−$184,976 · G-3 line 5
Margin on patient care
−4.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $16.7M in its first year on file (1996) to $4.1M in 2002.
  • Its result from patient care: −$2.2M (2000), −$1.1M (2001), −$185K (2002).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports 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
$16.7M
$16.7M
1997
settled
$19.1M
$19.0M
1998
settled
$20.1M
$18.1M
1999
settled
$18.7M
$20.9M
2000
settled
$22.5M
$24.7M
2001
settled
$22.8M
$23.9M
2002
reopened
$4.1M
$4.3M

Beside its peers

Short-term acute care hospitals in Indiana with 50 to 99 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Tipton County Memorial Hospital51$4,076,844$4,261,820−4.5%
Adams County Memorial Hospital, Decatur51$27,412,836$26,387,0573.7%
Daviess Community Hospital, Washington54$35,631,831$33,517,0715.9%
Harrison County Hospital, Corydon51$24,353,303$22,867,2816.1%
Medical Center of Southern Indiana, Charlestown55$16,321,443$15,316,6346.2%
St. Vincent Frankfort, Frankfort53$15,836,932$18,427,776−16.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 150053.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read November 8, 2004.