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Short-term acute care hospital · Caro, Michigan · 50 beds · CMS certification number 230235

Caro Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 31, 2005, settled, stamped by CMS October 16, 2007. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$8.5M
$8,454,815 · G-3 line 3
Operating expenses
$9.6M
$9,595,964 · G-3 line 4
Result from patient care
−$1.1M
−$1,141,149 · G-3 line 5
Margin on patient care
−13.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.0M in its first year on file (1996) to $8.5M in 2005.
  • Its result from patient care: −$599K (2003), −$2.1M (2004), −$1.1M (2005).
  • 2 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 2005.

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

Ten years of filings

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

Net patient revenueOperating expenses
1996
reopened
$8.0M
$7.7M
1997
settled
$9.1M
$8.8M
1998
settled
$9.6M
$9.4M
1999
settled
$9.3M
$10.0M
2000
as submitted
$10.1M
$10.2M
2001
settled
$11.1M
$10.7M
2002
settled
$11.1M
$10.9M
2003
settled
$11.2M
$11.8M
2004
settled
$9.6M
$11.7M
2005
settled
$8.5M
$9.6M

Beside its peers

Short-term acute care hospitals in Michigan with 50 to 99 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Caro Community Hospital50$8,454,815$9,595,964−13.5%
Allegan General Hospital, Allegan54$14,247,521$16,200,778−13.7%
Grand View Health System, Ironwood54$18,066,373$16,874,1406.6%
Hillsdale Hospital, Hillsdale56$43,841,426$40,929,2216.6%
Munson Healthcare Otsego Memorial Hospital, Gaylord53$50,612,042$50,955,386−0.7%
Corewell Health Greenville Hospital, Greenville55$38,990,496$36,355,6646.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 230235.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read October 16, 2007.