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Short-term acute care hospital · Detroit, Michigan · 100 beds · CMS certification number 230012

Renaissance Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1998, settled, stamped by CMS September 30, 2001. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$3.1M
$3,072,634 · G-3 line 3
Operating expenses
$4.7M
$4,656,236 · G-3 line 4
Result from patient care
−$1.6M
−$1,583,602 · G-3 line 5
Margin on patient care
−51.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.4M in its first year on file (1996) to $3.1M in 1998.
  • Its result from patient care: −$726K (1996), −$811K (1997), −$1.6M (1998).
  • 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 1998.

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
1996
settled
$4.4M
$5.2M
1997
settled
$3.6M
$4.4M
1998
settled
$3.1M
$4.7M

Beside its peers

Short-term acute care hospitals in Michigan with 100 to 199 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Renaissance Hospital100$3,072,634$4,656,236−51.5%
Trinity Health Livingston Hospital, Howell104$41,925,217$44,143,163−5.3%
Lake Huron Medical Center, Port Huron104$53,653,497$55,738,058−3.9%
Pennock Hospital, Hastings103$33,299,247$30,617,4108.1%
Sturgis Hospital, Sturgis101$25,709,880$25,270,0341.7%
West Shore Hospital, Manistee107$20,846,819$20,200,0923.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 230012.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read September 30, 2001.