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Short-term acute care hospital · Corning, Iowa · 43 beds · CMS certification number 160041

Ah- Mercy Hospital Corning Ia

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2000, reopened, stamped by CMS June 28, 2004. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$6.9M
$6,912,989 · G-3 line 3
Operating expenses
$7.5M
$7,526,287 · G-3 line 4
Result from patient care
−$613K
−$613,298 · G-3 line 5
Margin on patient care
−8.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.9M in its first year on file (1997) to $6.9M in 2000.
  • Its result from patient care: −$587K (1998), $96K (1999), −$613K (2000).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2000.

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

Four years of filings

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

Net patient revenueOperating expenses
1997
settled
$4.9M
$5.2M
1998
settled
$5.0M
$5.6M
1999
reopened
$5.8M
$5.7M
2000
reopened
$6.9M
$7.5M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Ah- Mercy Hospital Corning Ia43$6,912,989$7,526,287−8.9%
Regional Health Services of Howard C, Cresco42$5,857,684$6,402,794−9.3%
Ringgold County Hospital, Mount Ayr44$5,859,133$6,514,104−11.2%
Shenandoah Medical CNTR, Shenandoah43$11,394,420$12,314,379−8.1%
Veterans Memorial Hospital, Waukon44$5,321,037$5,716,930−7.4%
Washington County Hospital, Washington44$10,792,803$11,950,770−10.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 160041.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read June 28, 2004.