Velarion Records

Short-term acute care hospital · Decatur, Indiana · 25 beds · CMS certification number 150106

Adams County Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 31, 2005, settled, stamped by CMS May 1, 2007. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$28.0M
$28,048,025 · G-3 line 3
Operating expenses
$28.6M
$28,565,867 · G-3 line 4
Result from patient care
−$518K
−$517,842 · G-3 line 5
Margin on patient care
−1.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $18.0M in its first year on file (1996) to $28.0M in 2005.
  • Its result from patient care: $571K (2003), $820K (2004), −$518K (2005).
  • 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 2005.

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

Ten years of filings

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

Net patient revenueOperating expenses
1996
settled
$18.0M
$17.6M
1997
reopened
$19.1M
$19.0M
1998
reopened
$20.6M
$19.7M
1999
reopened
$21.4M
$20.9M
2000
settled
$24.0M
$22.9M
2001
settled
$25.9M
$25.3M
2002
settled
$27.4M
$26.4M
2003
settled
$28.8M
$28.2M
2004
settled
$32.0M
$31.2M
2005
settled
$28.0M
$28.6M

Beside its peers

Short-term acute care hospitals in Indiana with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Adams County Memorial Hospital25$28,048,025$28,565,867−1.8%
Parkview Noble Hospital, Kendallville31$34,265,301$30,871,7479.9%
Parkview Huntington Hospital, Huntington36$38,402,135$33,202,25213.5%
Lagrange Community Hospital, Lagrange34$6,880,976$10,356,614−50.5%
St. Mary S Warrick Hospital, Booneville29$8,705,640$10,351,962−18.9%
Sullivan County Community Hospital, Sullivan37$7,063,884$6,923,5532.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 150106.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read May 1, 2007.