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Short-term acute care hospital · Marengo, Iowa · 44 beds · CMS certification number 160073

Marengo Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 12, 2001, settled, stamped by CMS August 7, 2003. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$2.2M
$2,192,662 · G-3 line 3
Operating expenses
$2.7M
$2,745,160 · G-3 line 4
Result from patient care
−$552K
−$552,498 · G-3 line 5
Margin on patient care
−25.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.1M in its first year on file (1997) to $2.2M in 2001.
  • Its result from patient care: −$127K (1999), $30K (2000), −$552K (2001).
  • 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 2001.

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

Five years of filings

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

Net patient revenueOperating expenses
1997
settled
$4.1M
$4.3M
1998
settled
$4.0M
$4.5M
1999
settled
$3.4M
$3.5M
2000
settled
$3.7M
$3.7M
2001
settled
$2.2M
$2.7M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Marengo Memorial Hospital44$2,192,662$2,745,160−25.2%
Lakes Regional Healthcare, Spirit Lake44$16,919,019$16,706,3981.3%
Floyd Valley Hospital, Lemars44$12,297,333$12,610,528−2.5%
Grinnell Regional Medical Center, Grinnell45$31,086,456$31,879,137−2.5%
Hamilton Co. Public Hospital, Webster City45$12,149,353$12,612,287−3.8%
Waverly Municipal Hospital, Waverly45$13,150,469$13,209,778−0.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 160073.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read August 7, 2003.