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Short-term acute care hospital · Salem, Massachusetts · 222 beds · CMS certification number 220006

Salem Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 29, 2004, reopened, stamped by CMS February 27, 2009. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$96.0M
$95,959,567 · G-3 line 3
Operating expenses
$102.0M
$101,950,672 · G-3 line 4
Result from patient care
−$6.0M
−$5,991,105 · G-3 line 5
Margin on patient care
−6.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $126.5M in its first year on file (1996) to $96.0M in 2004.
  • Its result from patient care: $2.3M (2002), −$44.0M (2003), −$6.0M (2004).
  • All 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
reopened
$126.5M
$130.8M
1997
reopened
$129.5M
$138.4M
1998
reopened
$140.2M
$151.0M
1999
reopened
$149.3M
$162.6M
2000
reopened
$163.5M
$179.4M
2001
reopened
$183.3M
$203.4M
2002
reopened
$215.0M
$212.7M
2003
reopened
$195.1M
$239.2M
2004
reopened
$96.0M
$102.0M

Beside its peers

Short-term acute care hospitals in Massachusetts with 200 to 399 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Salem Hospital222$95,959,567$101,950,672−6.2%
Beverly Hospital, Addison Gilbert Hospital, Bay Ridge Hospital, Beverly260$205,240,114$205,498,449−0.1%
Boston Medical Center - South, Brockton215$117,704,757$124,108,300−5.4%
Melrosewakefield Healthcare, Malden246$216,719,287$222,218,530−2.5%
St. Elizabeth's Medical Center, Boston246$286,355,535$312,823,895−9.2%
Mercy Medical Center, Springfield211$163,843,160$178,052,226−8.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 220006.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read February 27, 2009.