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Short-term acute care hospital · Munster, Indiana · 32 beds · CMS certification number 150147

Heartland Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 5, 2007, settled, stamped by CMS February 10, 2010. Eight years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$3.4M
$3,421,831 · G-3 line 3
Operating expenses
$6.0M
$5,993,222 · G-3 line 4
Result from patient care
−$2.6M
−$2,571,391 · G-3 line 5
Margin on patient care
−75.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $17.6M in its first year on file (2001) to $3.4M in 2007.
  • Its result from patient care: −$8.3M (2005), −$19.7M (2006), −$2.6M (2007).
  • 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 2007.

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

Eight years of filings

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

Net patient revenueOperating expenses
2000
settled
not filed
not filed
2001
settled
$17.6M
$15.5M
2002
reopened
$32.6M
$25.6M
2003
settled
$36.1M
$31.8M
2004
settled
$36.9M
$37.8M
2005
reopened
$36.0M
$44.3M
2006
reopened
$23.1M
$42.8M
2007
settled
$3.4M
$6.0M

Beside its peers

Short-term acute care hospitals in Indiana with 25 to 49 beds, each on fiscal year 2007.

HospitalBedsNet patient revenueOperating expensesMargin
Heartland Memorial Hospital32$3,421,831$5,993,222−75.1%
Parkview Huntington Hospital, Huntington36$43,028,003$36,789,28314.5%
Monroe Hospital, Bloomington32$15,760,696$42,818,882−171.7%
Franciscan Healthcare-Munster, Munster32$8,350,509$12,085,452−44.7%
Saint Joseph Regional Medical Center - Plymouth, Plymouth36$48,274,264$45,380,2776.0%
Parkview Whitley Hospital, Columbia City40$37,700,623$37,549,0100.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2007.ZIP, form CMS-2552-96, filed under CMS certification number 150147.

How this page was built: the CMS Medicare cost report, file HOSPFY2007.ZIP, read February 10, 2010.