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Short-term acute care hospital · Gretna, Louisiana · 207 beds · CMS certification number 190152

Meadowcrest Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2006, settled, stamped by CMS February 9, 2009. Ten years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$44.5M
$44,488,181 · G-3 line 3
Operating expenses
$57.4M
$57,404,852 · G-3 line 4
Result from patient care
−$12.9M
−$12,916,671 · G-3 line 5
Margin on patient care
−29.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $58.3M in its first year on file (1997) to $44.5M in 2006.
  • Its result from patient care: −$9.2M (2004), −$24.9M (2005), −$12.9M (2006).
  • 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 2006.

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

Ten years of filings

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

Net patient revenueOperating expenses
1997
reopened
$58.3M
$51.4M
1998
reopened
$58.8M
$51.0M
1999
reopened
$55.0M
$45.7M
2000
reopened
$60.3M
$49.5M
2001
reopened
$68.3M
$55.5M
2002
settled with audit
$79.0M
$68.7M
2003
reopened
$73.0M
$70.8M
2004
reopened
$74.2M
$83.3M
2005
reopened
$57.4M
$82.3M
2006
settled
$44.5M
$57.4M

Beside its peers

Short-term acute care hospitals in Louisiana with 200 to 399 beds, each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
Meadowcrest Hospital207$44,488,181$57,404,852−29.0%
Fmol Health | Our Lady of Lourdes, Lafayette201$142,558,703$155,358,554−9.0%
CHRISTUS St. Frances Cabrini Hospital, Alexandria206$182,378,325$175,559,0933.7%
St. Francis North Hospital, Monroe209$48,422,000$52,361,168−8.1%
Terrebonne General Health System, Houma237$148,909,719$144,593,4052.9%
Woman's Hospital, Baton Rouge239$176,464,458$174,128,0301.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 190152.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read February 9, 2009.