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Short-term acute care hospital · Cheboygan, Michigan · 46 beds · CMS certification number 230034

Cheboygan Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2010, settled, stamped by CMS July 23, 2014. Fourteen years on file, every one shown below.

Fiscal 2010 at a glance

Net patient revenue
$44.3M
$44,324,461 · G-3 line 3
Operating expenses
$54.8M
$54,847,951 · G-3 line 4
Result from patient care
−$10.5M
−$10,523,490 · G-3 line 5
Margin on patient care
−23.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $20.8M in its first year on file (1997) to $44.3M in 2010.
  • Its result from patient care: −$1.2M (2008), −$3.2M (2009), −$10.5M (2010).
  • 4 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 2010.

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

Fourteen years of filings

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

Net patient revenueOperating expenses
1997
reopened
$20.8M
$20.7M
1998
reopened
$22.8M
$23.7M
1999
reopened
$23.2M
$23.9M
2000
settled
$25.5M
$25.6M
2001
reopened
$26.2M
$26.2M
2002
settled
$30.4M
$31.0M
2003
settled
$36.4M
$36.4M
2004
settled
$38.6M
$40.8M
2005
settled
$42.8M
$44.9M
2006
settled
$44.8M
$45.9M
2007
reopened
$47.9M
$47.3M
2008
settled
$49.0M
$50.3M
2009
settled
$50.8M
$54.0M
2010
settled
$44.3M
$54.8M

Beside its peers

Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2010.

HospitalBedsNet patient revenueOperating expensesMargin
Cheboygan Memorial Hospital46$44,324,461$54,847,951−23.7%
University of Michigan Health-Sparrow, Carson City48$54,152,086$56,295,520−4.0%
Doctors Hospital of Michigan, Pontiac47$58,122,333$60,720,269−4.5%
Corewell Health Big Rapids Hospital, Big Rapids46$45,432,901$44,433,4542.2%
Munson Healthcare Otsego Memorial Hospital, Gaylord46$66,304,135$67,299,709−1.5%
St. Francis Hospital, Escanaba48$68,758,051$69,922,662−1.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2009.ZIP, form CMS-2552-96, filed under CMS certification number 230034.

How this page was built: the CMS Medicare cost report, file HOSPFY2009.ZIP, read July 23, 2014.