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Short-term acute care hospital · Primghar, Iowa · 19 beds · CMS certification number 160151

Baum-Harmon Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1999, settled, stamped by CMS June 28, 2001. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$1.7M
$1,683,206 · G-3 line 3
Operating expenses
$2.4M
$2,400,663 · G-3 line 4
Result from patient care
−$717K
−$717,457 · G-3 line 5
Margin on patient care
−42.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.0M in its first year on file (1997) to $1.7M in 1999.
  • Its result from patient care: −$963K (1997), −$977K (1998), −$717K (1999).
  • 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 1999.

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

Three years of filings

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

Net patient revenueOperating expenses
1997
settled
$2.0M
$3.0M
1998
settled
$2.1M
$3.1M
1999
settled
$1.7M
$2.4M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Iowa first; each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Baum-Harmon Memorial Hospital19$1,683,206$2,400,663−42.6%
Belmond Community Hospital, Belmond22$2,255,542$2,995,714−32.8%
De Witt Community Hospital, Dewitt24$6,369,286$6,351,5660.3%
Guttenberg Municipal Hospital, Guttenberg28$4,158,116$4,398,315−5.8%
Hawarden Community Hospital, Hawarden27$2,180,743$2,827,397−29.6%
Mercy Hospital of Franciscan Sisters, Oelwein27$9,745,401$9,691,7400.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 160151.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read June 28, 2001.