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Short-term acute care hospital · Corydon, Iowa · 28 beds · CMS certification number 160113

Wayne County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2004, settled, stamped by CMS January 20, 2006. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$8.3M
$8,260,448 · G-3 line 3
Operating expenses
$10.0M
$10,003,627 · G-3 line 4
Result from patient care
−$1.7M
−$1,743,179 · G-3 line 5
Margin on patient care
−21.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.7M in its first year on file (1997) to $8.3M in 2004.
  • Its result from patient care: −$666K (2002), −$1.1M (2003), −$1.7M (2004).
  • 2 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.

Eight years of filings

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

Net patient revenueOperating expenses
1997
settled
$4.7M
$4.9M
1998
settled
$5.2M
$5.3M
1999
settled
$6.3M
$6.4M
2000
settled
$5.9M
$6.5M
2001
reopened
$7.1M
$7.6M
2002
reopened
$7.7M
$8.4M
2003
reopened
$7.7M
$8.8M
2004
settled
$8.3M
$10.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Wayne County Hospital28$8,260,448$10,003,627−21.1%
Burgess Health Center, Onawa25$17,786,257$18,116,498−1.9%
Ellsworth Municipal Hospital, Iowa Falls30$12,680,999$11,744,1207.4%
Hamilton County Public Hospital, Webster City25$15,875,852$15,735,1660.9%
Northwest Iowa Health Center, Sheldon30$15,962,791$15,436,8073.3%
Orange City Municipal Hospital, Orange City30$21,860,218$27,077,023−23.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 160113.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read January 20, 2006.