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Short-term acute care hospital · West Liberty, Kentucky · 20 beds · CMS certification number 180125

Morgan Co. Arh

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2001, reopened, stamped by CMS April 30, 2004. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$8.9M
$8,874,642 · G-3 line 3
Operating expenses
$8.5M
$8,540,234 · G-3 line 4
Result from patient care
$334K
$334,408 · G-3 line 5
Margin on patient care
3.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $13.1M in its first year on file (1997) to $8.9M in 2001.
  • Its result from patient care: −$746K (1999), −$164K (2000), $334K (2001).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2001.

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

Five years of filings

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

Net patient revenueOperating expenses
1997
reopened
$13.1M
$11.8M
1998
reopened
$13.3M
$12.9M
1999
settled
$14.6M
$15.4M
2000
reopened
$14.8M
$15.0M
2001
reopened
$8.9M
$8.5M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Kentucky first; each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Morgan Co. Arh20$8,874,642$8,540,2343.8%
Carroll County Memorial Hospital, Carrollton15$2,874,928$2,887,543−0.4%
Casey County Hospital, Liberty16$4,014,203$4,178,876−4.1%
Jane Todd Crawford Memorial Hospital, Greensburg22$8,407,018$9,117,830−8.5%
Livingston Hospital & Healthcare Ser, Salem26$8,416,153$8,667,051−3.0%
Rockcastle Regional Hospital and Respiratory Care Center, Mt Vernon26$21,412,233$19,094,14610.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 180125.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read April 30, 2004.