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Short-term acute care hospital · Adrian, Minnesota · 9 beds · CMS certification number 240127

Arnold Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2002, settled, stamped by CMS April 27, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$2.2M
$2,208,625 · G-3 line 3
Operating expenses
$2.6M
$2,596,795 · G-3 line 4
Result from patient care
−$388K
−$388,170 · G-3 line 5
Margin on patient care
−17.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.9M in its first year on file (1996) to $2.2M in 2002.
  • Its result from patient care: −$144K (2000), −$115K (2001), −$388K (2002).
  • 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$1.9M
$2.0M
1997
settled
$2.0M
$2.1M
1998
settled
$705K
$755K
1999
settled
$2.0M
$2.3M
2000
settled
$2.2M
$2.3M
2001
settled
$2.4M
$2.5M
2002
settled
$2.2M
$2.6M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Arnold Memorial Hospital9$2,208,625$2,596,795−17.6%
Albany Area Hospital, Albany17$4,276,208$4,047,6145.3%
Kittson Memorial Hospital, Hallock15$3,177,084$3,187,913−0.3%
Lakeside Medical Center, Pine City10$6,001,928$6,257,002−4.3%
Phillips Eye Institute, Minneapolis10$20,964,503$20,110,9924.1%
White Community Hospital, Aurora16$6,160,126$6,411,524−4.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 240127.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read April 27, 2005.