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Short-term acute care hospital · Tecumseh, Michigan · 57 beds · CMS certification number 230120

Herrick Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 30, 2005, settled, stamped by CMS August 27, 2007. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$32.3M
$32,273,877 · G-3 line 3
Operating expenses
$31.5M
$31,535,248 · G-3 line 4
Result from patient care
$739K
$738,629 · G-3 line 5
Margin on patient care
2.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $23.9M in its first year on file (1997) to $32.3M in 2005.
  • Its result from patient care: $1.5M (2003), $2.7M (2004), $739K (2005).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain 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.

Net patient revenueOperating expenses
1997
settled
$23.9M
$23.6M
1998
settled
$25.7M
$24.9M
1999
settled
$25.2M
$24.1M
2000
reopened
$25.7M
$24.1M
2001
settled
$28.7M
$31.5M
2002
settled
$26.8M
$29.1M
2003
settled
$29.8M
$28.3M
2004
settled
$31.5M
$28.8M
2005
settled
$32.3M
$31.5M

Beside its peers

Short-term acute care hospitals in Michigan with 50 to 99 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Herrick Memorial Hospital57$32,273,877$31,535,2482.3%
Hillsdale Hospital, Hillsdale56$43,841,426$40,929,2216.6%
Ionia County Memorial Hospital, Ionia60$17,751,010$18,937,296−6.7%
Munson Healthcare Grayling, Grayling58$52,122,792$53,159,155−2.0%
Corewell Health Greenville Hospital, Greenville55$38,990,496$36,355,6646.8%
Corewell Health Zeeland Hospital, Zeeland60$32,884,540$33,660,567−2.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 230120.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read August 27, 2007.