Short-term acute care hospital · St. Ignace, Michigan · 16 beds · CMS certification number 230162

Mackinac Straits Hosp & Health CTR.

Latest filing: fiscal year ended April 25, 2000, settled, stamped by CMS September 27, 2002. Four years on file, all shown below.

Fiscal 2000 at a glance

Net patient revenue $9.3M $9,346,193 · G-3 line 3

Operating expenses $10.8M $10,776,561 · G-3 line 4

Result from patient care −$1.4M −$1,430,368 · G-3 line 5

Margin on patient care −15.3% line 5 ÷ line 3, same filing

Net patient revenue rose from $7.4M in its first year on file (1997) to $9.3M in 2000.
From fiscal year 1999 to fiscal year 2000 its net patient revenue rose 16.9%.
Its result from patient care: −$719K (1998), −$839K (1999), −$1.4M (2000).
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 2000.
In its fiscal 2000 filing, its $9.3M net patient revenue sits at the 59th percentile of 22 hospitals in MI, same facility class, under 25 beds.

Net patient revenueOperating expenses

1997 settled margin −6.2% $7.4M $7.8M

1998 settled margin −9.2% $7.8M $8.5M

1999 settled margin −10.5% $8.0M $8.8M

2000 settled margin −15.3% $9.3M $10.8M

Short-term acute care hospitals in Michigan with under 25 beds, fiscal year 2000.

Hospital Beds Net patient revenue Operating expenses Margin

Mackinac Straits Hosp & Health CTR. 16 $9,346,193 $10,776,561 −15.3%

Bronson Vicksburg Hospital, Kalamazoo 18 $9,163,409 $8,441,040 7.9%

Deckerville Community Hospital, Deckerville 15 $3,716,767 $4,372,974 −17.7%

Eaton Rapids Medical Center, Eaton Rapids 21 $9,339,090 $8,754,645 6.3%

Harbor Beach Community Hospital, Harbor Beach 21 $6,236,337 $8,256,026 −32.4%

Kern Hospital, Warren 13 $5,227,258 $5,982,017 −14.4%

File HOSPFY1999.ZIP, form CMS-2552-96, CMS certification number 230162.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read September 27, 2002.