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Short-term acute care hospital · Lake City, Minnesota · 49 beds · CMS certification number 240090

Lake City Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2002, reopened, stamped by CMS December 22, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$5.7M
$5,702,022 · G-3 line 3
Operating expenses
$5.6M
$5,628,932 · G-3 line 4
Result from patient care
$73K
$73,090 · G-3 line 5
Margin on patient care
1.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.2M in its first year on file (1996) to $5.7M in 2002.
  • Its result from patient care: −$190K (2000), −$248K (2001), $73K (2002).
  • 3 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
reopened
$7.2M
$7.1M
1997
reopened
$7.5M
$7.7M
1998
reopened
$7.1M
$6.9M
1999
settled
$8.6M
$9.3M
2000
reopened
$10.7M
$10.9M
2001
reopened
$11.9M
$12.1M
2002
reopened
$5.7M
$5.6M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Lake City Medical Center49$5,702,022$5,628,9321.3%
Glencoe Regional Health Services, Glencoe49$31,670,824$32,150,667−1.5%
Hutchinson Health Hospital, Hutchinson49$42,924,477$41,497,0493.3%
St. Gabriel S Hospital, Little Falls49$29,771,968$33,050,391−11.0%
Stevens Community Medical Center, Morris44$21,566,465$21,009,3682.6%
Weiner Memorial Medical Center, Marshall49$24,214,843$24,075,9420.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 240090.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read December 22, 2005.