Velarion Records

Short-term acute care hospital · Munsing, Michigan · 25 beds · CMS certification number 230116

Munising Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2000, settled, stamped by CMS August 26, 2002. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$4.5M
$4,500,340 · G-3 line 3
Operating expenses
$4.9M
$4,889,477 · G-3 line 4
Result from patient care
−$389K
−$389,137 · G-3 line 5
Margin on patient care
−8.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.5M in its first year on file (1997) to $4.5M in 2000.
  • Its result from patient care: −$19K (1998), −$238K (1999), −$389K (2000).
  • 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 2000.

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

Four years of filings

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

Net patient revenueOperating expenses
1997
reopened
$3.5M
$3.7M
1998
settled
$3.9M
$3.9M
1999
settled
$4.1M
$4.3M
2000
settled
$4.5M
$4.9M

Beside its peers

Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Munising Memorial Hospital25$4,500,340$4,889,477−8.6%
Clinton Memorial Hospital, St. Johns28$19,245,713$20,149,299−4.7%
Healthsource Saginaw, Saginaw27$20,854,092$22,473,560−7.8%
Sheridan Community Hospital, Sheridan31$8,432,150$8,403,8680.3%
Spectrum Health-Reed City Campus, Reed City27$16,194,444$18,614,542−14.9%
Standish Community Hospital, Standish26$7,231,463$8,143,393−12.6%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Michigan

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 230116.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read August 26, 2002.