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Short-term acute care hospital · Monticello, Kentucky · 30 beds · CMS certification number 180126

Wayne County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 31, 2004, settled, stamped by CMS March 15, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$10.0M
$9,963,515 · G-3 line 3
Operating expenses
$10.4M
$10,437,561 · G-3 line 4
Result from patient care
−$474K
−$474,046 · G-3 line 5
Margin on patient care
−4.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.4M in its first year on file (1996) to $10.0M in 2004.
  • Its result from patient care: −$156K (2002), −$412K (2003), −$474K (2004).
  • 4 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.

Nine years of filings

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

Net patient revenueOperating expenses
1996
settled
$6.4M
$5.8M
1997
settled
$6.7M
$6.3M
1998
settled
$6.9M
$7.6M
1999
settled
$8.7M
$8.6M
2000
reopened
$8.7M
$8.8M
2001
settled
$9.0M
$9.1M
2002
settled
$9.4M
$9.6M
2003
settled
$9.4M
$9.8M
2004
settled
$10.0M
$10.4M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Wayne County Hospital30$9,963,515$10,437,561−4.8%
Cardinal Hill Specialty Hospital, Ft Thomas33$628,361$2,514,555−300.2%
Knox County Hospital, Barbourville32$10,483,041$11,169,444−6.6%
Marshall County Hospital, Benton36$11,636,525$12,047,241−3.5%
McDowell Arh, Mcdowell36$17,965,191$19,076,003−6.2%
Rockcastle Regional Hospital and Respiratory Care Center, Mt Vernon26$24,270,002$22,049,5239.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 180126.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read March 15, 2006.