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Short-term acute care hospital · Graceville, Minnesota · 22 beds · CMS certification number 240065

Graceville Health Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 31, 2001, settled, stamped by CMS March 31, 2004. Six years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$5.8M
$5,848,416 · G-3 line 3
Operating expenses
$6.0M
$5,997,426 · G-3 line 4
Result from patient care
−$149K
−$149,010 · G-3 line 5
Margin on patient care
−2.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.4M in its first year on file (1996) to $5.8M in 2001.
  • Its result from patient care: −$178K (1999), −$219K (2000), −$149K (2001).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2001.

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

Six years of filings

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

Net patient revenueOperating expenses
1996
reopened
$3.4M
$3.3M
1997
reopened
$3.5M
$3.5M
1998
reopened
$3.5M
$3.7M
1999
reopened
$3.4M
$3.6M
2000
reopened
$4.7M
$4.9M
2001
settled
$5.8M
$6.0M

Beside its peers

Short-term acute care hospitals in Minnesota with under 25 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Graceville Health Center22$5,848,416$5,997,426−2.5%
Appleton Municipal Hospital, Appleton23$7,268,643$7,369,294−1.4%
Jackson Medical Center, Jackson20$4,325,149$4,757,901−10.0%
Johnson Memorial Hospital, Dawson24$6,516,945$6,637,269−1.8%
Minnesota Valley Memorial Hospital, Le Sueur24$5,821,832$6,215,083−6.8%
North Valley Health Center, Warren20$2,705,799$3,097,532−14.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 240065.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read March 31, 2004.