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Short-term acute care hospital · Greenfield, Iowa · 34 beds · CMS certification number 160070

Adair County Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2000, settled, stamped by CMS January 10, 2002. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$3.1M
$3,082,177 · G-3 line 3
Operating expenses
$4.0M
$4,028,604 · G-3 line 4
Result from patient care
−$946K
−$946,427 · G-3 line 5
Margin on patient care
−30.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.9M in its first year on file (1997) to $3.1M in 2000.
  • Its result from patient care: −$877K (1998), −$901K (1999), −$946K (2000).
  • 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 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
$2.9M
$3.8M
1998
settled
$3.4M
$4.3M
1999
settled
$3.5M
$4.4M
2000
settled
$3.1M
$4.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Adair County Memorial Hospital34$3,082,177$4,028,604−30.7%
Audubon County Memorial Hospital, Audubon35$4,280,117$4,587,247−7.2%
Guthrie County Hospital, Guthrie Center37$3,246,013$3,843,669−18.4%
Mercy Medical Center- Centerville, Centerville36$11,891,493$11,672,0121.8%
Northwest Iowa Health Center, Sheldon34$12,751,360$12,454,4502.3%
Orange City Municipal Hospital, Orange City34$13,947,350$14,600,237−4.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 160070.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read January 10, 2002.