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Short-term acute care hospital · Cherokee, Iowa · 40 beds · CMS certification number 160003

Sioux Valley Memorial Hosp-Cherokee

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2004, settled, stamped by CMS February 23, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$10.3M
$10,345,173 · G-3 line 3
Operating expenses
$11.3M
$11,264,407 · G-3 line 4
Result from patient care
−$919K
−$919,234 · G-3 line 5
Margin on patient care
−8.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.6M in its first year on file (1996) to $10.3M in 2004.
  • Its result from patient care: −$624K (2002), −$1.2M (2003), −$919K (2004).
  • 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 2004.

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

Nine years of filings

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

Net patient revenueOperating expenses
1996
settled
$8.6M
$9.0M
1997
reopened
$8.9M
$9.1M
1998
settled
$9.7M
$9.8M
1999
settled
$23.2M
$10.4M
2000
settled
$10.6M
$11.4M
2001
settled
$12.4M
$12.7M
2002
settled
$13.8M
$14.4M
2003
settled
$13.5M
$14.6M
2004
settled
$10.3M
$11.3M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Sioux Valley Memorial Hosp-Cherokee40$10,345,173$11,264,407−8.9%
Floyd Valley Hospital, Lemars44$14,600,932$15,305,860−4.8%
Lakes Regional Healthcare, Spirit Lake44$20,315,882$19,559,6043.7%
Ringgold County Hospital, Mount Ayr40$8,169,143$9,238,784−13.1%
Shelby County Myrtue Hospital, Harlan40$14,186,480$13,628,7263.9%
Shenandoah Memorial Hospital, Shenandoah43$12,249,228$12,879,572−5.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 160003.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read February 23, 2006.