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Short-term acute care hospital · Oakland City, Indiana · 10 beds · CMS certification number 150123

Wirth Regional Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2002, settled, stamped by CMS August 26, 2004. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$3.5M
$3,501,204 · G-3 line 3
Operating expenses
$3.5M
$3,533,763 · G-3 line 4
Result from patient care
−$33K
−$32,559 · G-3 line 5
Margin on patient care
−0.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.6M in its first year on file (1997) to $3.5M in 2002.
  • Its result from patient care: −$426K (2000), −$235K (2001), −$33K (2002).
  • 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 2002.

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
1997
reopened
$3.6M
$3.7M
1998
settled
$4.3M
$4.3M
1999
settled
$3.8M
$3.9M
2000
reopened
$3.3M
$3.8M
2001
settled
$3.3M
$3.5M
2002
settled
$3.5M
$3.5M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Indiana first; each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Wirth Regional Hospital10$3,501,204$3,533,763−0.9%
Cameron Memorial Community Hospital, Angola30$22,923,417$24,445,107−6.6%
Deaconess St. Joseph S Hospital, Huntingburg33$19,682,343$19,058,2093.2%
Parkview Huntington Hospital, Huntington24$28,611,094$27,921,1762.4%
Illiana Surgery & Medical Center, Munster8$32,634,078$25,626,59421.5%
Select Specialty Hospital-Bloomingto, Bloomington30$2,120,778$2,577,380−21.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 150123.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read August 26, 2004.