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Short-term acute care hospital · Grand Marais, Minnesota · 16 beds · CMS certification number 240119

Cook County North Shore Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2001, settled, stamped by CMS August 20, 2004. Six years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$4.9M
$4,947,729 · G-3 line 3
Operating expenses
$5.7M
$5,736,474 · G-3 line 4
Result from patient care
−$789K
−$788,745 · G-3 line 5
Margin on patient care
−15.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.6M in its first year on file (1996) to $4.9M in 2001.
  • Its result from patient care: −$502K (1999), −$834K (2000), −$789K (2001).
  • 3 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 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
$3.6M
$4.4M
1997
reopened
$4.7M
$4.9M
1998
settled
$5.0M
$5.3M
1999
settled
$5.4M
$5.9M
2000
settled
$6.0M
$6.8M
2001
settled
$4.9M
$5.7M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Cook County North Shore Hospital16$4,947,729$5,736,474−15.9%
Albany Area Hospital, Albany17$5,978,438$5,787,6493.2%
Divine Providence Health Center, Ivanhoe18$3,709,356$4,214,280−13.6%
Kittson Memorial Hospital, Hallock15$6,343,051$6,631,817−4.5%
Madison Lutheran Home, Madison18$9,638,027$8,825,1168.4%
White Community Hospital, Aurora16$6,079,852$6,116,241−0.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 240119.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read August 20, 2004.