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Short-term acute care hospital · Sac City, Iowa · 33 beds · CMS certification number 160091

Loring Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2005, settled, stamped by CMS August 28, 2006. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$4.8M
$4,789,169 · G-3 line 3
Operating expenses
$5.0M
$4,981,141 · G-3 line 4
Result from patient care
−$192K
−$191,972 · G-3 line 5
Margin on patient care
−4.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.6M in its first year on file (1997) to $4.8M in 2005.
  • Its result from patient care: −$467K (2003), −$546K (2004), −$192K (2005).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
settled
$4.6M
$4.3M
1998
settled
$5.0M
$4.8M
1999
settled
$4.8M
$5.5M
2000
settled
$5.0M
$6.1M
2001
settled
$6.3M
$6.6M
2002
reopened
$7.2M
$7.1M
2003
reopened
$6.8M
$7.3M
2004
settled
$7.1M
$7.6M
2005
settled
$4.8M
$5.0M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Loring Hospital33$4,789,169$4,981,141−4.0%
Boone County Hospital, Boone25$31,546,305$33,930,841−7.6%
Cass County Memorial Hospital, Atlantic39$26,839,431$32,845,595−22.4%
Ellsworth Municipal Hospital, Iowa Falls26$14,055,639$17,275,097−22.9%
Mercy Medical Center - Centerville, Centerville34$16,574,253$17,650,658−6.5%
Shelby County Myrtue Hospital, Harlan40$18,408,873$18,650,193−1.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 160091.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read August 28, 2006.