Short-term acute care hospital · Reed City, Michigan · 27 beds · CMS certification number 230086
Spectrum Health - Reed City Campus
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 3, 2005, settled, stamped by CMS August 9, 2006. Nine years on file, every one shown below.
Fiscal 2005 at a glance
What stands out
- Net patient revenue rose from $15.7M in its first year on file (1997) to $17.8M in 2005.
- Its result from patient care: −$681K (2003), −$992K (2004), −$1.0M (2005).
- 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 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.
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Beside its peers
Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2005.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Spectrum Health - Reed City Campus | 27 | $17,802,842 | $18,814,446 | −5.7% |
| Clinton Memorial Hospital, St. Johns | 28 | $12,800,790 | $12,640,153 | 1.3% |
| Healthsource Saginaw, Saginaw | 27 | $26,106,940 | $27,683,190 | −6.0% |
| Lakeview Community Hospital, Paw Paw | 33 | $33,637,748 | $31,238,637 | 7.1% |
| Bronson South Haven Hospital, South Haven | 29 | $24,660,687 | $25,424,254 | −3.1% |
| Straith Hospital for Special Surgery, Southfield | 34 | $13,756,310 | $12,260,338 | 10.9% |
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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 230086.
How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read August 9, 2006.