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Short-term acute care hospital · Moose Lake, Minnesota · 31 beds · CMS certification number 240121

Mercy Hospital & Health Care Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2003, settled, stamped by CMS September 14, 2005. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$21.5M
$21,508,037 · G-3 line 3
Operating expenses
$30.3M
$30,300,381 · G-3 line 4
Result from patient care
−$8.8M
−$8,792,344 · G-3 line 5
Margin on patient care
−40.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $9.8M in its first year on file (1996) to $21.5M in 2003.
  • Its result from patient care: −$5.8M (2001), −$6.5M (2002), −$8.8M (2003).
  • 4 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 2003.

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

Eight years of filings

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

Net patient revenueOperating expenses
1996
settled
$9.8M
$9.1M
1997
settled
$10.3M
$10.1M
1998
settled
$10.9M
$11.8M
1999
reopened
$12.4M
$13.7M
2000
settled
$14.3M
$15.7M
2001
reopened
$17.2M
$23.1M
2002
settled
$21.2M
$27.8M
2003
settled
$21.5M
$30.3M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Mercy Hospital & Health Care Center31$21,508,037$30,300,381−40.9%
Buffalo Hospital, Buffalo34$32,339,469$30,205,8576.6%
Glacial Ridge Hospital, Glenwood32$8,147,014$8,704,180−6.8%
Paynesville Area Hospital, Paynesville30$26,202,129$27,539,237−5.1%
Queen of Peace Hospital, New Prague34$21,359,687$23,116,857−8.2%
Swift County - Benson, Benson31$6,839,844$6,950,035−1.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 240121.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read September 14, 2005.