Short-term acute care hospital · Redwood Falls, Minnesota · 43 beds · CMS certification number 240124
Redwood Area Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2004, reopened, stamped by CMS July 26, 2006. Eight years on file, every one shown below.
Fiscal 2004 at a glance
What stands out
- Net patient revenue rose from $6.0M in its first year on file (1996) to $11.9M in 2004.
- Its result from patient care: −$425K (2001), −$113K (2002), −$146K (2004).
- 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 2004.
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.
settled
settled
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reopened
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Beside its peers
Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2004.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Redwood Area Hospital | 43 | $11,947,617 | $12,093,792 | −1.2% |
| First Care Medical Services, Fosston | 43 | $9,725,811 | $10,202,012 | −4.9% |
| Hutchinson Health Hospital, Hutchinson | 46 | $50,049,556 | $51,250,108 | −2.4% |
| New Ulm Medical Center, New Ulm | 43 | $46,773,407 | $45,628,635 | 2.5% |
| Pipestone County Medical Center, Pipestone | 44 | $14,220,769 | $13,258,761 | 6.8% |
| Stevens Community Medical Center, Morris | 44 | $21,049,252 | $20,639,560 | 1.9% |
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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 240124.
How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read July 26, 2006.