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Short-term acute care hospital · Frankfort, Michigan · 8 beds · CMS certification number 230062

Paul Oliver Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1999, settled, stamped by CMS August 15, 2001. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$6.4M
$6,353,491 · G-3 line 3
Operating expenses
$6.7M
$6,663,305 · G-3 line 4
Result from patient care
−$310K
−$309,814 · G-3 line 5
Margin on patient care
−4.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.1M in its first year on file (1997) to $6.4M in 1999.
  • Its result from patient care: −$404K (1997), −$322K (1998), −$310K (1999).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 1999.

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
1997
reopened
$6.1M
$6.5M
1998
reopened
$6.0M
$6.3M
1999
settled
$6.4M
$6.7M

Beside its peers

Short-term acute care hospitals in Michigan with under 25 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Paul Oliver Memorial Hospital8$6,353,491$6,663,305−4.9%
Kalkaska Memorial Health Center, Kalkaska13$8,657,709$9,433,364−9.0%
Kelsey Memorial Hospital, Lakeview12$9,857,950$10,885,111−10.4%
Insight Surgical Hospital, Warren13$4,996,350$5,373,947−7.6%
Mackinac Straits Hosp & Health CTR., St. Ignace16$7,998,445$8,837,740−10.5%
Scci Hospital-Detroit, Detroit10$255,354$1,709,315−569.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 230062.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read August 15, 2001.