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Short-term acute care hospital · Two Harbors, Minnesota · 30 beds · CMS certification number 240051

Lake View Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 31, 2000, reopened, stamped by CMS December 22, 2005. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$6.7M
$6,742,797 · G-3 line 3
Operating expenses
$6.9M
$6,920,034 · G-3 line 4
Result from patient care
−$177K
−$177,237 · G-3 line 5
Margin on patient care
−2.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.4M in its first year on file (1996) to $6.7M in 2000.
  • Its result from patient care: $18K (1998), −$206K (1999), −$177K (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.

Five years of filings

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

Net patient revenueOperating expenses
1996
reopened
$4.4M
$4.5M
1997
reopened
$5.2M
$5.0M
1998
reopened
$5.4M
$5.4M
1999
reopened
$5.4M
$5.6M
2000
reopened
$6.7M
$6.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Lake View Memorial Hospital30$6,742,797$6,920,034−2.6%
Chippewa County-Montevideo Hospital, Montevideo30$7,410,103$7,263,3792.0%
Ortonville Area Health Services, Ortonville31$7,503,727$7,238,6073.5%
Pine Medical Center, Sandstone30$6,428,903$6,943,236−8.0%
St. Elizabeth Hosp. of Wabasha, Wabasha31$12,036,666$12,128,807−0.8%
Swift County - Benson, Benson31$4,263,567$4,361,240−2.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 240051.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read December 22, 2005.