Short-term acute care hospital · Lakeview, Michigan · 12 beds · CMS certification number 230155
Kelsey Memorial Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 14, 2004, reopened, stamped by CMS January 11, 2007. Nine years on file, every one shown below.
Fiscal 2004 at a glance
What stands out
- Net patient revenue fell from $10.1M in its first year on file (1996) to $8.2M in 2004.
- Its result from patient care: −$305K (2002), −$1.1M (2003), −$411K (2004).
- 3 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 2004.
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
Hospitals of the same type (short-term acute care hospital), nearest in size, from Michigan first; each on fiscal year 2004.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Kelsey Memorial Hospital | 12 | $8,155,688 | $8,566,722 | −5.0% |
| Bronson Vicksburg Hospital, Kalamazoo | 3 | $11,379,775 | $11,494,895 | −1.0% |
| Eaton Rapids Medical Center, Eaton Rapids | 20 | $15,445,038 | $15,200,487 | 1.6% |
| Lakeshore Community Hospital, Shelby | 24 | $8,419,075 | $8,336,648 | 1.0% |
| Insight Surgical Hospital, Warren | 13 | $5,519,489 | $8,537,578 | −54.7% |
| Spectrum Health - Reed City Campus, Reed City | 27 | $29,190,049 | $30,182,102 | −3.4% |
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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 230155.
How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read January 11, 2007.