Short-term acute care hospital · Lincoln Park, Michigan · 50 beds · CMS certification number 230007
Oakwood Downriver Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1997, settled, stamped by CMS April 17, 2000. Two years on file, every one shown below.
Fiscal 1997 at a glance
What stands out
- Net patient revenue fell from $13.3M in its first year on file (1996) to $7.2M in 1997.
- Its result from patient care: −$7.2M (1996), −$1.2M (1997).
- 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 1997.
Every statement is drawn from figures on this page; nothing is estimated.
Two years of filings
Net patient revenue against operating expenses, each year as filed.
reopened
settled
Beside its peers
Short-term acute care hospitals in Michigan with 50 to 99 beds, each on fiscal year 1997.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Oakwood Downriver Medical Center | 50 | $7,189,009 | $8,340,854 | −16.0% |
| Bell Memorial Hospital, Ishpeming | 53 | $16,815,794 | $14,561,857 | 13.4% |
| Caro Community Hospital, Caro | 50 | $9,066,370 | $8,838,494 | 2.5% |
| Charlevoix Area Hospital, Charlevoix | 52 | $11,802,188 | $12,062,468 | −2.2% |
| Hayes Green Beach, Charlotte | 54 | $16,927,060 | $15,990,499 | 5.5% |
| Corewell Health Greenville Hospital, Greenville | 54 | $23,639,237 | $22,755,189 | 3.7% |
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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 230007.
How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read April 17, 2000.