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Short-term acute care hospital · Madison Heights, Michigan · 36 beds · CMS certification number 230186

Madison Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 1, 2002, settled, stamped by CMS April 27, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$5.3M
$5,328,038 · G-3 line 3
Operating expenses
$12.1M
$12,051,205 · G-3 line 4
Result from patient care
−$6.7M
−$6,723,167 · G-3 line 5
Margin on patient care
−126.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $11.5M in its first year on file (1996) to $5.3M in 2002.
  • Its result from patient care: −$2.9M (2000), −$1.7M (2001), −$6.7M (2002).
  • 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
reopened
$11.5M
$11.7M
1997
reopened
$11.8M
$12.3M
1998
settled
$9.8M
$10.9M
1999
settled
$7.4M
$10.0M
2000
settled
$9.1M
$12.0M
2001
settled
$10.4M
$12.1M
2002
settled
$5.3M
$12.1M

Beside its peers

Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Madison Community Hospital36$5,328,038$12,051,205−126.2%
Lee Memorial Hospital, Dowagiac40$17,400,175$19,591,164−12.6%
McKenzie Memorial Hospital, Sandusky37$11,866,034$12,818,801−8.0%
Select Specialty Hospital - NW Detro, Detroit36$1,938,795$3,382,229−74.5%
Select Specialty Hospital - Wyandott, Wyandotte35$2,369,636$2,367,8010.1%
Three Rivers Health, Trhee Rivers40$33,899,206$33,349,7831.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 230186.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read April 27, 2005.