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Short-term acute care hospital · Tracy, Minnesota · 37 beds · CMS certification number 240009

Tracy Area Medical Services

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 10, 2000, settled, stamped by CMS September 19, 2002. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$4.0M
$4,025,055 · G-3 line 3
Operating expenses
$4.5M
$4,465,436 · G-3 line 4
Result from patient care
−$440K
−$440,381 · G-3 line 5
Margin on patient care
−10.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.8M in its first year on file (1997) to $4.0M in 2000.
  • Its result from patient care: −$80K (1998), −$1.2M (1999), −$440K (2000).
  • 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 2000.

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

Four years of filings

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

Net patient revenueOperating expenses
1997
reopened
$2.8M
$2.8M
1998
reopened
$2.5M
$2.6M
1999
settled
$3.1M
$4.4M
2000
settled
$4.0M
$4.5M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Tracy Area Medical Services37$4,025,055$4,465,436−10.9%
Clearwater County Memorial Hospital, Bagley40$9,638,624$10,969,036−13.8%
Community Hospital & HLTH Care CTR, St. Peter36$10,796,437$10,750,3600.4%
Fairview Lakes Hospital, Wyoming38$64,139,049$69,748,000−8.7%
Monticello Big Lake Community Hosp, Monticello39$22,579,236$23,550,898−4.3%
Roseau Area Hospital, Roseau37$16,009,628$15,859,9310.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 240009.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read September 19, 2002.