Velarion Records

Short-term acute care hospital · Waverly, Iowa · 45 beds · CMS certification number 160094

Waverly Municipal Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2002, reopened, stamped by CMS August 18, 2005. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$14.5M
$14,451,736 · G-3 line 3
Operating expenses
$14.3M
$14,285,729 · G-3 line 4
Result from patient care
$166K
$166,007 · G-3 line 5
Margin on patient care
1.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.1M in its first year on file (1997) to $14.5M in 2002.
  • Its result from patient care: $143K (2000), −$59K (2001), $166K (2002).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a gain 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
$8.1M
$7.9M
1998
settled
$9.8M
$9.7M
1999
settled
$10.7M
$10.7M
2000
settled
$11.7M
$11.6M
2001
settled
$13.2M
$13.2M
2002
reopened
$14.5M
$14.3M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Waverly Municipal Hospital45$14,451,736$14,285,7291.1%
Boone County Hospital, Boone46$18,935,798$20,381,199−7.6%
Decatur County Hospital, Leon46$7,033,471$7,706,148−9.6%
Grinnell Regional Medical Center, Grinnell45$33,803,877$34,583,445−2.3%
Hamilton Co. Public Hospital, Webster City45$12,013,764$13,381,284−11.4%
Mahaska County Hospital, Oskaloosa46$16,231,236$16,819,004−3.6%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Iowa

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 160094.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read August 18, 2005.