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Short-term acute care hospital · Bluffton, Indiana · 45 beds · CMS certification number 150063

Wells Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 1, 2001, settled, stamped by CMS February 21, 2003. Six years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$2.6M
$2,635,962 · G-3 line 3
Operating expenses
$3.4M
$3,360,216 · G-3 line 4
Result from patient care
−$724K
−$724,254 · G-3 line 5
Margin on patient care
−27.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $10.3M in its first year on file (1996) to $2.6M in 2001.
  • Its result from patient care: −$1.2M (1999), −$310K (2000), −$724K (2001).
  • 3 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 2001.

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

Six years of filings

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

Net patient revenueOperating expenses
1996
settled
$10.3M
$10.7M
1997
as submitted
$10.4M
$10.8M
1998
settled
$10.2M
$10.7M
1999
settled
$10.8M
$11.9M
2000
settled
$2.2M
$2.5M
2001
settled
$2.6M
$3.4M

Beside its peers

Short-term acute care hospitals in Indiana with 25 to 49 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Wells Community Hospital45$2,635,962$3,360,216−27.5%
Cameron Memorial Community Hospital, Angola47$22,065,542$23,957,318−8.6%
Parkview Dekalb Hospital, Auburn47$31,997,892$30,379,2035.1%
Dukes Memorial Hospital, Peru44$27,330,177$31,481,908−15.2%
Gibson General Hospital, Pirnceton48$17,057,781$17,561,733−2.9%
Margaret Mary Community Hospital, Batesville44$30,510,842$29,389,6963.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 150063.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read February 21, 2003.