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Short-term acute care hospital · Independence, Iowa · 50 beds · CMS certification number 160086

People S Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2002, reopened, stamped by CMS April 24, 2006. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$6.6M
$6,615,108 · G-3 line 3
Operating expenses
$7.2M
$7,163,459 · G-3 line 4
Result from patient care
−$548K
−$548,351 · G-3 line 5
Margin on patient care
−8.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.2M in its first year on file (1997) to $6.6M in 2002.
  • Its result from patient care: −$743K (2000), −$710K (2001), −$548K (2002).
  • 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 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
$6.2M
$6.6M
1998
settled
$6.5M
$6.9M
1999
settled
$7.2M
$7.4M
2000
settled
$7.2M
$7.9M
2001
reopened
$8.0M
$8.7M
2002
reopened
$6.6M
$7.2M

Beside its peers

Short-term acute care hospitals in Iowa with 50 to 99 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
People S Memorial Hospital50$6,615,108$7,163,459−8.3%
Fort Madison Community Hospital, Fort Madison50$30,474,376$29,393,3083.5%
Henry County Health Center, Mt. Pleasant50$17,525,126$19,883,381−13.5%
Jefferson County Hospital, Fairfeild51$12,508,267$13,227,048−5.8%
Mercyone Cedar Falls Medical Center, Cedar Falls51$19,324,000$18,358,0005.0%
St. Anthony Regional Hospital, Carroll53$27,445,966$27,658,307−0.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 160086.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read April 24, 2006.