Velarion Records

Short-term acute care hospital · Saline, Michigan · 4 beds · CMS certification number 230212

St. Joseph Mercy Saline Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2012, reopened, stamped by CMS May 10, 2024. Fifteen years on file, every one shown below.

Fiscal 2012 at a glance

Net patient revenue
$16.2M
$16,233,099 · G-3 line 3
Operating expenses
$19.2M
$19,196,012 · G-3 line 4
Result from patient care
−$3.0M
−$2,962,913 · G-3 line 5
Margin on patient care
−18.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $26.4M in its first year on file (1998) to $16.2M in 2012.
  • Its result from patient care: −$3.0M (2010), −$4.1M (2011), −$3.0M (2012).
  • 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 2012.

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

Fifteen years of filings

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

Net patient revenueOperating expenses
1998
settled
$26.4M
$22.4M
1999
settled
$26.5M
$22.2M
2000
settled
$28.5M
$22.6M
2001
settled
$28.4M
$24.8M
2002
settled
$27.2M
$24.6M
2003
reopened
$27.4M
$26.5M
2004
settled
$29.8M
$27.5M
2005
settled
$30.7M
$27.7M
2006
settled
$29.6M
$28.3M
2007
settled
$30.0M
$29.6M
2008
settled
$33.2M
$31.0M
2009
settled
$29.2M
$29.2M
2010
settled
$26.2M
$29.3M
2011
reopened
$18.3M
$22.4M
2012
reopened
$16.2M
$19.2M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Michigan first; each on fiscal year 2012.

HospitalBedsNet patient revenueOperating expensesMargin
St. Joseph Mercy Saline Hospital4$16,233,099$19,196,012−18.3%
Forest Health Medical Center, Ypsilanti24$22,662,423$19,386,72614.4%
Healthsource Saginaw, Saginaw7$39,492,495$43,400,865−9.9%
Surgeons Choice Medical Center, Southfield30$30,724,866$28,084,0508.6%
Bronson South Haven Hospital, South Haven29$36,910,390$37,997,366−2.9%
Insight Surgical Hospital, Warren13$7,231,641$9,651,983−33.5%

Who owns it

Related organizations on its own cost report: ST. JOSEPH MERCY HEALTH SYSTEM (100%).

Type of control on its cost report: voluntary nonprofit, church.

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 HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 230212. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2011.ZIP, read May 10, 2024.