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Short-term acute care hospital · Baltimore, Maryland · 282 beds · CMS certification number 210059

Liberty Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 1999, reopened, stamped by CMS November 20, 2000. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$37.0M
$36,972,216 · G-3 line 3
Operating expenses
$53.8M
$53,817,091 · G-3 line 4
Result from patient care
−$16.8M
−$16,844,875 · G-3 line 5
Margin on patient care
−45.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $51.1M in its first year on file (1997) to $37.0M in 1999.
  • Its result from patient care: −$6.2M (1997), −$5.2M (1998), −$16.8M (1999).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 1999.

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

Three years of filings

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

Net patient revenueOperating expenses
1997
settled
$51.1M
$57.3M
1998
settled
$44.5M
$49.7M
1999
reopened
$37.0M
$53.8M

Beside its peers

Short-term acute care hospitals in Maryland with 200 to 399 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Liberty Medical Center282$36,972,216$53,817,091−45.6%
University of Maryland Medical Center Midtown Campus, Baltimore293$88,267,618$97,624,199−10.6%
Tidalhealth Peninsula Regional, Salisbury300$154,258,943$152,710,3201.0%
Medstar Good Samaritan Hospital, Baltimore268$120,860,234$116,334,9263.7%
Adventist Healthcare White Oak Medical Center, Takoma Park300$145,271,978$123,972,20314.7%
Meritus Medical Center, Hagerstown279$128,678,717$126,643,8491.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 210059.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read November 20, 2000.