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Short-term acute care hospital · Plaquemine, Louisiana · 75 beds · CMS certification number 190131

River West Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2008, settled, stamped by CMS August 13, 2012. Thirteen years on file, every one shown below.

Fiscal 2008 at a glance

Net patient revenue
$19.5M
$19,455,982 · G-3 line 3
Operating expenses
$24.7M
$24,725,921 · G-3 line 4
Result from patient care
−$5.3M
−$5,269,939 · G-3 line 5
Margin on patient care
−27.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.8M in its first year on file (1996) to $19.5M in 2008.
  • Its result from patient care: −$8.4M (2006), −$9.2M (2007), −$5.3M (2008).
  • 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 2008.

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

Thirteen years of filings

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

Net patient revenueOperating expenses
1996
settled
$7.8M
$8.5M
1997
as submitted
$12.3M
$18.7M
1998
reopened
not filed
$16.4M
1999
settled
not filed
$18.2M
2000
reopened
$19.3M
$21.0M
2001
settled
$19.9M
$21.6M
2002
reopened
$28.0M
$29.2M
2003
settled
$29.8M
$30.2M
2004
settled
$26.2M
$28.0M
2005
reopened
$30.7M
$30.3M
2006
reopened
$24.2M
$32.6M
2007
settled
$19.6M
$28.8M
2008
settled
$19.5M
$24.7M

Beside its peers

Short-term acute care hospitals in Louisiana with 50 to 99 beds, each on fiscal year 2008.

HospitalBedsNet patient revenueOperating expensesMargin
River West Medical Center75$19,455,982$24,725,921−27.1%
Beauregard Memorial Hospital, Deridder60$25,945,865$30,702,699−18.3%
Lane Regional Medical Center, Zachary93$54,870,090$59,219,973−7.9%
Natchitoches Regional Medical Center, Natchitoches81$40,261,647$41,947,511−4.2%
Our Lady of the Lake Ascension Commu, Gonzales77$57,815,968$52,860,3108.6%
Winn Parish Medical Center, Winnfield60$12,784,733$14,085,762−10.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2008.ZIP, form CMS-2552-96, filed under CMS certification number 190131.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read August 13, 2012.