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Short-term acute care hospital · Charlotte, Michigan · 45 beds · CMS certification number 230006

Hayes Green Beach Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2005, settled, stamped by CMS February 14, 2007. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$31.2M
$31,175,324 · G-3 line 3
Operating expenses
$30.8M
$30,753,777 · G-3 line 4
Result from patient care
$422K
$421,547 · G-3 line 5
Margin on patient care
1.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.9M in its first year on file (1997) to $31.2M in 2005.
  • Its result from patient care: $1.3M (2003), $347K (2004), $422K (2005).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2005.

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
1997
reopened
$16.9M
$16.0M
1998
settled
$16.0M
$16.2M
1999
settled
$17.0M
$17.5M
2000
settled
$18.2M
$19.4M
2001
settled
$21.9M
$21.1M
2002
reopened
$25.8M
$23.9M
2003
settled
$27.1M
$25.8M
2004
settled
$28.6M
$28.3M
2005
settled
$31.2M
$30.8M

Beside its peers

Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Hayes Green Beach Memorial Hospital45$31,175,324$30,753,7771.4%
Cheboygan Memorial Hospital, Cheboygan46$42,797,950$44,899,322−4.9%
Corewell Health Watervliet Hospital, Watervliet42$25,288,652$26,935,867−6.5%
Mid Mich Reg Med CTR - Gladwin, Gladwin42$19,914,234$18,834,6715.4%
St. Francis Hospital, Escanaba48$56,189,362$57,390,050−2.1%
West Shore Medical Center, Manistee48$33,289,209$33,373,254−0.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 230006.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read February 14, 2007.