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Short-term acute care hospital · Britt, Iowa · 37 beds · CMS certification number 160095

Hancock County Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2000, settled, stamped by CMS May 30, 2002. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$5.6M
$5,607,586 · G-3 line 3
Operating expenses
$6.4M
$6,447,435 · G-3 line 4
Result from patient care
−$840K
−$839,849 · G-3 line 5
Margin on patient care
−15.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.4M in its first year on file (1997) to $5.6M in 2000.
  • Its result from patient care: −$364K (1998), −$239K (1999), −$840K (2000).
  • 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 2000.

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

Four years of filings

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

Net patient revenueOperating expenses
1997
settled
$3.4M
$3.9M
1998
settled
$4.2M
$4.6M
1999
settled
$5.3M
$5.6M
2000
settled
$5.6M
$6.4M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Hancock County Memorial Hospital37$5,607,586$6,447,435−15.0%
Eldora Regional Medical Center, Eldora39$2,421,476$3,567,582−47.3%
Guthrie County Hospital, Guthrie Center37$3,246,013$3,843,669−18.4%
Loring Hospital, Sac City39$4,985,452$6,080,042−22.0%
Mercy Medical Center- Centerville, Centerville36$11,891,493$11,672,0121.8%
Palo Alto County Hospital, Emmetsburg38$22,618,225$10,546,89053.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 160095.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read May 30, 2002.