Velarion Records

Short-term acute care hospital · Wadena, Minnesota · 41 beds · CMS certification number 240025

Tri-County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2004, reopened, stamped by CMS March 20, 2007. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$13.7M
$13,693,225 · G-3 line 3
Operating expenses
$14.3M
$14,349,921 · G-3 line 4
Result from patient care
−$657K
−$656,696 · G-3 line 5
Margin on patient care
−4.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $11.1M in its first year on file (1996) to $13.7M in 2004.
  • Its result from patient care: $538K (2002), $213K (2003), −$657K (2004).
  • 4 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.

Nine years of filings

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

Net patient revenueOperating expenses
1996
settled
$11.1M
$11.0M
1997
reopened
$12.8M
$12.3M
1998
reopened
$13.3M
$13.1M
1999
settled
$14.5M
$14.3M
2000
settled
$15.3M
$15.5M
2001
settled
$18.3M
$18.2M
2002
reopened
$21.0M
$20.4M
2003
settled
$23.4M
$23.1M
2004
reopened
$13.7M
$14.3M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Tri-County Hospital41$13,693,225$14,349,921−4.8%
Cuyuna Regional Medical Center, Crosby42$35,751,811$37,942,729−6.1%
Fairview Northland Hospital, Princeton41$64,640,206$69,703,647−7.8%
First Care Medical Services, Fosston43$9,725,811$10,202,012−4.9%
Kanabec Hospital, Mora40$21,388,558$21,522,161−0.6%
New Ulm Medical Center, New Ulm43$46,773,407$45,628,6352.5%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Minnesota

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 240025.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read March 20, 2007.