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Short-term acute care hospital · Morris, Minnesota · 44 beds · CMS certification number 240087

Stevens Community Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2004, settled, stamped by CMS May 2, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$21.0M
$21,049,252 · G-3 line 3
Operating expenses
$20.6M
$20,639,560 · G-3 line 4
Result from patient care
$410K
$409,692 · G-3 line 5
Margin on patient care
1.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.6M in its first year on file (1996) to $21.0M in 2004.
  • Its result from patient care: $557K (2002), $473K (2003), $410K (2004).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report 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
settled
$10.6M
$10.4M
1997
settled
$14.1M
$12.4M
1998
settled
$15.2M
$14.1M
1999
settled
$16.9M
$16.2M
2000
settled
$17.7M
$17.8M
2001
reopened
$19.4M
$19.2M
2002
settled
$21.6M
$21.0M
2003
settled
$22.5M
$22.1M
2004
settled
$21.0M
$20.6M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Stevens Community Medical Center44$21,049,252$20,639,5601.9%
First Care Medical Services, Fosston43$9,725,811$10,202,012−4.9%
Hutchinson Health Hospital, Hutchinson46$50,049,556$51,250,108−2.4%
Pipestone County Medical Center, Pipestone44$14,220,769$13,258,7616.8%
St. Joseph S Area Health Services, Park Rapids47$31,507,986$30,570,3083.0%
Weiner Memorial Medical Center, Marshall49$27,581,511$27,915,227−1.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 240087.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read May 2, 2006.