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Short-term acute care hospital · Hendricks, Minnesota · 19 beds · CMS certification number 240099

Hendricks Community Hospital Assoc

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2002, settled, stamped by CMS August 24, 2004. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$6.0M
$5,987,749 · G-3 line 3
Operating expenses
$6.2M
$6,217,556 · G-3 line 4
Result from patient care
−$230K
−$229,807 · G-3 line 5
Margin on patient care
−3.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.4M in its first year on file (1997) to $6.0M in 2002.
  • Its result from patient care: −$62K (2000), −$507K (2001), −$230K (2002).
  • 2 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 2002.

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
1997
reopened
$4.4M
$4.3M
1998
reopened
$4.6M
$4.8M
1999
reopened
$4.5M
$5.1M
2000
settled
$4.9M
$5.0M
2001
settled
$5.0M
$5.5M
2002
settled
$6.0M
$6.2M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Hendricks Community Hospital Assoc19$5,987,749$6,217,556−3.8%
Deer River Health Care Center, Deer River20$9,598,624$9,423,5001.8%
Grant County Health Center, Elbow Lake20$4,672,704$5,712,821−22.3%
Madison Lutheran Home, Madison18$9,725,682$9,296,3754.4%
North Valley Health Center, Warren20$585,814$749,009−27.9%
Tyler Healthcare Center, Tyler19$5,561,401$5,505,4891.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 240099.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read August 24, 2004.