Velarion Records

Short-term acute care hospital · Jefferson, Iowa · 29 beds · CMS certification number 160021

Greene County Medical Center

Latest filing: fiscal year ended July 31, 2001, reopened, stamped by CMS April 13, 2006. Five years on file, all shown below.

Fiscal 2001 at a glance

Net patient revenue $10.7M $10,727,186 · G-3 line 3
Operating expenses $12.7M $12,733,568 · G-3 line 4
Result from patient care −$2.0M −$2,006,382 · G-3 line 5
Margin on patient care −18.7% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.9M in its first year on file (1997) to $10.7M in 2001.
  • From fiscal year 2000 to fiscal year 2001 its net patient revenue fell 50.6%.
  • Its result from patient care: −$1.3M (1999), $10.3M (2000), −$2.0M (2001).
  • 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 2001.
  • In its fiscal 2001 filing, its $10.7M net patient revenue sits at the 63rd percentile of 80 hospitals in IA, same facility class, 25 to 49 beds.

How these statements are drawn

Five years of filings

Net patient revenueOperating expenses

1997 settled margin −10.1% $8.9M $9.8M

1998 settled margin −14.5% $9.3M $10.7M

1999 settled margin −13.5% $9.4M $10.7M

2000 settled margin 47.5% $21.7M $11.4M

2001 reopened margin −18.7% $10.7M $12.7M

Beside its peers

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

Hospital Beds Net patient revenue Operating expenses Margin

Greene County Medical Center 29 $10,727,186 $12,733,568 −18.7%

Avera Holy Family Health, Estherville 30 $9,524,763 $9,407,763 1.2%

Ellsworth Municipal Hospital, Iowa Falls 30 $10,958,302 $10,865,950 0.8%

Manning Regional Healthcare Center, Manning 29 $5,382,835 $6,010,025 −11.7%

Orange City Health Systems, Orange City 30 $16,555,901 $17,092,211 −3.2%

Virginia Gay Hospital, Vinton 29 $9,100,298 $8,871,712 2.5%

Follow Greene County Medical Center, free

More short-term acute care hospitals in Iowa

File HOSPFY2000.ZIP, form CMS-2552-96, CMS certification number 160021.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read April 13, 2006.