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Short-term acute care hospital · Wabasha, Minnesota · 31 beds · CMS certification number 240008

St. Elizabeth Hosp. of Wabasha

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2002, reopened, stamped by CMS July 26, 2006. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$8.5M
$8,471,572 · G-3 line 3
Operating expenses
$8.6M
$8,590,548 · G-3 line 4
Result from patient care
−$119K
−$118,976 · G-3 line 5
Margin on patient care
−1.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.6M in its first year on file (1997) to $8.5M in 2002.
  • Its result from patient care: −$92K (2000), $67K (2001), −$119K (2002).
  • 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 2002.

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

Six years of filings

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

Net patient revenueOperating expenses
1997
reopened
$9.6M
$9.6M
1998
reopened
$10.4M
$10.5M
1999
reopened
$10.7M
$11.6M
2000
settled
$12.0M
$12.1M
2001
reopened
$13.8M
$13.7M
2002
reopened
$8.5M
$8.6M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
St. Elizabeth Hosp. of Wabasha31$8,471,572$8,590,548−1.4%
Buffalo Hospital, Buffalo34$29,862,922$27,596,5707.6%
Glacial Ridge Hospital, Glenwood32$6,033,783$8,152,761−35.1%
Ortonville Area Health Services, Ortonville31$8,656,190$8,379,2403.2%
Sleepy Eye Municipal Hospital, Sleepy Eye33$3,848,853$3,956,733−2.8%
Swift County - Benson, Benson31$6,215,977$5,707,9508.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 240008.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read July 26, 2006.