Velarion Records

Short-term acute care hospital · Coquet, Minnesota · 36 beds · CMS certification number 240045

Community Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2004, settled, stamped by CMS January 20, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$25.4M
$25,371,203 · G-3 line 3
Operating expenses
$24.5M
$24,510,739 · G-3 line 4
Result from patient care
$860K
$860,464 · G-3 line 5
Margin on patient care
3.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $12.1M in its first year on file (1996) to $25.4M in 2004.
  • Its result from patient care: −$79K (2002), −$1.5M (2003), $860K (2004).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain 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
reopened
$12.1M
$12.5M
1997
reopened
$13.2M
$13.0M
1998
reopened
$13.9M
$14.0M
1999
reopened
$14.3M
$14.7M
2000
settled
$15.5M
$15.7M
2001
settled
$17.7M
$17.4M
2002
settled
$19.3M
$19.4M
2003
settled
$20.7M
$22.2M
2004
settled
$25.4M
$24.5M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Community Memorial Hospital36$25,371,203$24,510,7393.4%
Buffalo Hospital, Buffalo34$36,557,882$34,750,0845.0%
Fairview Northland Hospital, Princeton41$64,640,206$69,703,647−7.8%
Kanabec Hospital, Mora40$21,388,558$21,522,161−0.6%
Northwest Medical Center, Thief River Falls36$23,553,261$28,839,569−22.4%
Tri-County Hospital, Wadena41$13,693,225$14,349,921−4.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 240045.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read January 20, 2006.