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Short-term acute care hospital · Sibley, Iowa · 32 beds · CMS certification number 160130

Osceola Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2003, reopened, stamped by CMS July 12, 2006. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$2.0M
$1,984,479 · G-3 line 3
Operating expenses
$2.0M
$2,019,194 · G-3 line 4
Result from patient care
−$35K
−$34,715 · G-3 line 5
Margin on patient care
−1.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.0M in its first year on file (1996) to $2.0M in 2003.
  • Its result from patient care: −$787K (2001), −$887K (2002), −$35K (2003).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2003.

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
1996
settled
$4.0M
$3.6M
1997
settled
$4.1M
$3.9M
1998
settled
$4.3M
$4.1M
1999
settled
$4.1M
$4.2M
2000
settled
$4.5M
$4.7M
2001
reopened
$4.7M
$5.5M
2002
reopened
$5.0M
$5.8M
2003
reopened
$2.0M
$2.0M

Beside its peers

Short-term acute care hospitals in Iowa with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Osceola Community Hospital32$1,984,479$2,019,194−1.8%
Clarke County Public Hospital, Osceola38$4,567,925$5,960,986−30.5%
Ellsworth Municipal Hospital, Iowa Falls30$10,989,679$11,277,816−2.6%
Loring Hospital, Sac City33$6,834,457$7,300,972−6.8%
Mercy Medical Center - Centerville, Centerville34$15,831,964$16,076,514−1.5%
Palo Alto County Hospital, Emmetsburg32$12,632,877$13,353,990−5.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 160130.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read July 12, 2006.