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Short-term acute care hospital · Nevada, Iowa · 42 beds · CMS certification number 160088

Story County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, reopened, stamped by CMS July 19, 2006. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$7.5M
$7,491,319 · G-3 line 3
Operating expenses
$9.1M
$9,117,159 · G-3 line 4
Result from patient care
−$1.6M
−$1,625,840 · G-3 line 5
Margin on patient care
−21.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.3M in its first year on file (1997) to $7.5M in 2001.
  • Its result from patient care: −$1.1M (1999), −$1.2M (2000), −$1.6M (2001).
  • 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 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
$5.3M
$6.3M
1998
settled
$6.3M
$7.1M
1999
settled
$6.5M
$7.6M
2000
settled
$7.4M
$8.6M
2001
reopened
$7.5M
$9.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Story County Hospital42$7,491,319$9,117,159−21.7%
Lakes Regional Healthcare, Spirit Lake44$16,919,019$16,706,3981.3%
Horn Memorial Hospital - Ida Grove, Ida Grove42$6,820,943$6,640,4872.6%
Marengo Memorial Hospital, Marengo44$2,192,662$2,745,160−25.2%
Shenandoah Memorial Hospital, Shenandoah43$12,068,572$12,506,626−3.6%
Sioux Valley Memorial Hosp-Cherokee, Cherokee40$12,391,574$12,662,829−2.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 160088.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read July 19, 2006.