Velarion Records

Short-term acute care hospital · Sheridan, Michigan · 31 beds · CMS certification number 230178

Sheridan Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2000, settled, stamped by CMS October 16, 2002. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$8.4M
$8,432,150 · G-3 line 3
Operating expenses
$8.4M
$8,403,868 · G-3 line 4
Result from patient care
$28K
$28,282 · G-3 line 5
Margin on patient care
0.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.5M in its first year on file (1997) to $8.4M in 2000.
  • Its result from patient care: $170K (1998), $190K (1999), $28K (2000).
  • 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 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
settled
$6.5M
$6.3M
1998
settled
$7.1M
$6.9M
1999
settled
$8.0M
$7.8M
2000
settled
$8.4M
$8.4M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Sheridan Community Hospital31$8,432,150$8,403,8680.3%
Clinton Memorial Hospital, St. Johns28$19,245,713$20,149,299−4.7%
Cottage Hospital, Grosse Pointe Farms32$31,720,365$28,965,8578.7%
Select Specialty Hospital - Battle C, Battle Creek32$1,683,309$1,890,292−12.3%
Spectrum Health-Reed City Campus, Reed City27$16,194,444$18,614,542−14.9%
Straith Hospital for Special Surgery, Southfield34$9,403,300$9,143,8392.8%

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 230178.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read October 16, 2002.