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Short-term acute care hospital · Shenandoah, Iowa · 43 beds · CMS certification number 160092

Shenandoah Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2004, settled, stamped by CMS June 23, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$12.2M
$12,249,228 · G-3 line 3
Operating expenses
$12.9M
$12,879,572 · G-3 line 4
Result from patient care
−$630K
−$630,344 · G-3 line 5
Margin on patient care
−5.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.5M in its first year on file (1996) to $12.2M in 2004.
  • Its result from patient care: −$572K (2002), −$1.0M (2003), −$630K (2004).
  • 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 2004.

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
1996
settled
$7.5M
$11.2M
1997
settled
$9.3M
$9.0M
1998
reopened
$9.5M
$10.0M
1999
reopened
$9.9M
$10.1M
2000
reopened
$11.4M
$12.3M
2001
reopened
$12.1M
$12.5M
2002
settled
$12.0M
$12.6M
2003
settled
$11.6M
$12.7M
2004
settled
$12.2M
$12.9M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Shenandoah Memorial Hospital43$12,249,228$12,879,572−5.1%
Floyd Valley Hospital, Lemars44$14,600,932$15,305,860−4.8%
Grinnell Regional Medical Center, Grinnell45$39,674,988$43,236,401−9.0%
Lakes Regional Healthcare, Spirit Lake44$20,315,882$19,559,6043.7%
Shelby County Myrtue Hospital, Harlan40$14,186,480$13,628,7263.9%
Sioux Valley Memorial Hosp-Cherokee, Cherokee40$10,345,173$11,264,407−8.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 160092.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read June 23, 2006.