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Short-term acute care hospital · Detroit, Michigan · 133 beds · CMS certification number 230283

Kindred Hospital - Metro Detroit

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2004, settled, stamped by CMS March 20, 2006. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$1.7M
$1,671,251 · G-3 line 3
Operating expenses
$15.6M
$15,552,874 · G-3 line 4
Result from patient care
−$13.9M
−$13,881,623 · G-3 line 5
Margin on patient care
−830.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.2M in its first year on file (1997) to $1.7M in 2004.
  • Its result from patient care: −$3.2M (2002), −$3.2M (2003), −$13.9M (2004).
  • 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 2004.

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

Eight years of filings

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

Net patient revenueOperating expenses
1997
as submitted
$4.2M
$5.4M
1998
as submitted
$8.8M
$9.9M
1999
as submitted
$10.2M
$11.8M
2000
reopened
$7.6M
$12.1M
2001
reopened
$13.6M
$15.5M
2002
settled
$12.7M
$15.9M
2003
settled with audit
$13.2M
$16.4M
2004
settled
$1.7M
$15.6M

Beside its peers

Short-term acute care hospitals in Michigan with 100 to 199 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Kindred Hospital - Metro Detroit133$1,671,251$15,552,874−830.6%
Mymichigan Medical Center Alma, Alma127$77,412,668$76,038,5661.8%
Trinity Health Livingston Hospital, Howell136$67,393,514$66,603,6361.2%
North Oakland Medical Centers, Pontiac136$124,573,072$117,675,6295.5%
McLaren Oakland, Pontiac134$100,545,709$107,700,377−7.1%
St. John Health Sys. Oakland Hosp., Madison Heights132$90,838,406$91,516,506−0.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 230283.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read March 20, 2006.