Short-term acute care hospital · Ada, Minnesota · 14 beds · CMS certification number 240114

Bridges Medical Services

Latest filing: fiscal year ended June 30, 2001, reopened, stamped by CMS December 22, 2005. Six years on file, all shown below.

Fiscal 2001 at a glance

Net patient revenue $2.2M $2,208,940 · G-3 line 3

Operating expenses $3.6M $3,627,638 · G-3 line 4

Result from patient care −$1.4M −$1,418,698 · G-3 line 5

Margin on patient care −64.2% line 5 ÷ line 3, same filing

Net patient revenue fell from $4.0M in its first year on file (1996) to $2.2M in 2001.
From fiscal year 2000 to fiscal year 2001 its net patient revenue fell 35.3%.
Its result from patient care: −$769K (1999), −$2.2M (2000), −$1.4M (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.
In its fiscal 2001 filing, its $2.2M net patient revenue sits at the 14th percentile of 37 hospitals in MN, same facility class, under 25 beds.

Net patient revenueOperating expenses

1996 reopened margin −9.0% $4.0M $4.3M

1997 reopened margin −45.4% $1.9M $2.8M

1998 settled margin −43.8% $2.2M $3.2M

1999 settled margin −30.6% $2.5M $3.3M

2000 reopened margin −65.6% $3.4M $5.7M

2001 reopened margin −64.2% $2.2M $3.6M

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

Hospital Beds Net patient revenue Operating expenses Margin

Bridges Medical Services 14 $2,208,940 $3,627,638 −64.2%

Cook County North Shore Hospital, Grand Marais 16 $4,947,729 $5,736,474 −15.9%

Cook Hospital, Cook 14 $5,271,014 $5,385,424 −2.2%

Kittson Memorial Hospital, Hallock 15 $6,343,051 $6,631,817 −4.5%

Tweeten/Lutheran Health Care Center, Spring Grove 10 $2,533,108 $2,897,798 −14.4%

White Community Hospital, Aurora 16 $6,079,852 $6,116,241 −0.6%

File HOSPFY2001.ZIP, form CMS-2552-96, CMS certification number 240114.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read December 22, 2005.