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Short-term acute care hospital · Rock Rapids, Iowa · 21 beds · CMS certification number 160051

Merrill Pioneer Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2002, reopened, stamped by CMS May 3, 2005. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$2.4M
$2,387,735 · G-3 line 3
Operating expenses
$4.1M
$4,088,316 · G-3 line 4
Result from patient care
−$1.7M
−$1,700,581 · G-3 line 5
Margin on patient care
−71.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.6M in its first year on file (1997) to $2.4M in 2002.
  • Its result from patient care: −$268K (2000), −$1.4M (2001), −$1.7M (2002).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2002.

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

Six years of filings

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

Net patient revenueOperating expenses
1997
settled
$2.6M
$2.6M
1998
settled
$2.6M
$2.7M
1999
settled
$2.8M
$2.9M
2000
reopened
$3.6M
$3.8M
2001
reopened
$2.5M
$3.8M
2002
reopened
$2.4M
$4.1M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Iowa first; each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Merrill Pioneer Community Hospital21$2,387,735$4,088,316−71.2%
Floyd County Memorial Hospital, Charles City18$12,863,130$13,311,476−3.5%
Humboldt County Memorial Hospital, Humboldt25$4,436,867$4,862,375−9.6%
Lucas County Health Center, Chariton25$7,756,368$10,838,700−39.7%
Mercy Hospital of Franciscan Sisters, Oelwein25$8,931,000$9,550,976−6.9%
Sioux Center Community Hospital, Sioux Center21$12,126,771$13,305,791−9.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 160051.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read May 3, 2005.