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Critical access hospital · Cheboygan, Michigan · 25 beds · CMS certification number 231336

Cheboygan Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 4, 2012, settled, stamped by CMS March 28, 2013. Two years on file, every one shown below.

Fiscal 2012 at a glance

Net patient revenue
$41.1M
$41,061,089 · G-3 line 3
Operating expenses
$47.2M
$47,185,248 · G-3 line 4
Result from patient care
−$6.1M
−$6,124,159 · G-3 line 5
Margin on patient care
−14.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $34.1M in its first year on file (2011) to $41.1M in 2012.
  • Its result from patient care: −$5.8M (2011), −$6.1M (2012).
  • 2 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2012.
  • Medicaid paid for 6.9% of its inpatient days and Medicare for 60.6%.

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

Two years of filings

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

Net patient revenueOperating expenses
2011
settled
$34.1M
$39.9M
2012
settled
$41.1M
$47.2M

Beside its peers

Critical access hospitals in Michigan with 25 to 49 beds, each on fiscal year 2012.

HospitalBedsNet patient revenueOperating expensesMargin
Cheboygan Memorial Hospital25$41,061,089$47,185,248−14.9%
Aspirus Ontonagon Hospital, Ontonagon25$12,229,123$13,657,556−11.7%
Helen Newberry Joy Hospital & Healthcare Center, Newberry25$30,177,704$29,482,5602.3%
Scheurer Health - Pigeon, Pigeon25$31,877,372$31,430,7611.4%
Sheridan Community Hospital, Sheridan25$16,089,524$15,803,7471.8%
Mymichigan Medical Center Standish, Standish25$22,452,901$22,896,005−2.0%

Patients and payers

Discharges
1,403
S-3 line 14, col 15
Inpatient days
3,085
S-3 line 14, col 8
Beds in use, on an average day
8.4
days ÷ days in year
Occupancy
33.4%
days ÷ bed days
Medicare share of days
60.6%
S-3 cols 6 ÷ 8
Medicaid share of days
6.9%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 231336. 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 March 28, 2013.