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Short-term acute care hospital · Mount Ayr, Iowa · 25 beds · CMS certification number 160048

Ringgold County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2005, settled, stamped by CMS February 8, 2007. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$8.6M
$8,609,452 · G-3 line 3
Operating expenses
$10.5M
$10,503,488 · G-3 line 4
Result from patient care
−$1.9M
−$1,894,036 · G-3 line 5
Margin on patient care
−22.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.9M in its first year on file (1997) to $8.6M in 2005.
  • Its result from patient care: −$455K (2003), −$1.1M (2004), −$1.9M (2005).
  • 4 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 2005.

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
1997
settled
$3.9M
$4.3M
1998
settled
$5.6M
$5.7M
1999
settled
$6.1M
$6.3M
2000
settled
$5.9M
$6.5M
2001
settled
$6.2M
$6.9M
2002
settled
$7.2M
$7.6M
2003
settled
$8.2M
$8.7M
2004
settled
$8.2M
$9.2M
2005
settled
$8.6M
$10.5M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Ringgold County Hospital25$8,609,452$10,503,488−22.0%
Boone County Hospital, Boone25$31,546,305$33,930,841−7.6%
Ellsworth Municipal Hospital, Iowa Falls26$14,055,639$17,275,097−22.9%
Loring Hospital, Sac City33$4,789,169$4,981,141−4.0%
Mercy Medical Center - Centerville, Centerville34$16,574,253$17,650,658−6.5%
Northwest Iowa Health Center, Sheldon25$17,501,134$16,725,0314.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 160048.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read February 8, 2007.