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Short-term acute care hospital · Chisago City, Minnesota · 59 beds · CMS certification number 240028

Chisago Health Services

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 13, 1998, reopened, stamped by CMS January 4, 2002. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$5.0M
$4,961,679 · G-3 line 3
Operating expenses
$5.2M
$5,197,523 · G-3 line 4
Result from patient care
−$236K
−$235,844 · G-3 line 5
Margin on patient care
−4.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $31.1M in its first year on file (1996) to $5.0M in 1998.
  • Its result from patient care: $711K (1996), −$1.9M (1997), −$236K (1998).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
reopened
$31.1M
$30.4M
1997
settled
$35.9M
$37.9M
1998
reopened
$5.0M
$5.2M

Beside its peers

Short-term acute care hospitals in Minnesota with 50 to 99 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Chisago Health Services59$4,961,679$5,197,523−4.8%
Intl Falls Memorial Hospital, International Falls60$8,075,618$8,021,4760.7%
Grand Itasca Clinic and Hospital, Grand Rapids58$24,589,386$23,670,0713.7%
Riverview Healthcare Association, Crookston59$18,145,248$18,342,567−1.1%
St. Josephs Area Health Services, Park Rapids60$16,393,046$15,774,7983.8%
Sanford Worthington Medical Center, Worthington61$15,263,209$15,102,9181.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 240028.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read January 4, 2002.