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Short-term acute care hospital · Morganfield, Kentucky · 37 beds · CMS certification number 180122

Union County Methodist Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2000, settled, stamped by CMS July 18, 2002. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$6.7M
$6,690,368 · G-3 line 3
Operating expenses
$7.9M
$7,879,650 · G-3 line 4
Result from patient care
−$1.2M
−$1,189,282 · G-3 line 5
Margin on patient care
−17.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.6M in its first year on file (1997) to $6.7M in 2000.
  • Its result from patient care: $133K (1998), −$366K (1999), −$1.2M (2000).
  • 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 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
reopened
$6.6M
$5.4M
1998
reopened
$6.1M
$6.0M
1999
settled
$6.5M
$6.9M
2000
settled
$6.7M
$7.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Union County Methodist Hospital37$6,690,368$7,879,650−17.8%
Berea Hospital, Berea41$20,045,755$24,517,803−22.3%
Caverna Memorial Hospital, Horse Cave37$4,682,189$4,436,0965.3%
CHI Saint Joseph Health - Flaget Memorial Hospital, Bardstown40$23,960,931$22,483,7706.2%
Marshall County Hospital, Benton36$10,081,992$10,051,5070.3%
Trigg County Hospital, Cadiz40$4,495,086$4,828,802−7.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 180122.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read July 18, 2002.