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Short-term acute care hospital · Litchfield, Minnesota · 30 beds · CMS certification number 240133

Meeker County Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2005, settled, stamped by CMS June 16, 2006. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$16.5M
$16,502,178 · G-3 line 3
Operating expenses
$15.7M
$15,720,778 · G-3 line 4
Result from patient care
$781K
$781,400 · G-3 line 5
Margin on patient care
4.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.2M in its first year on file (1996) to $16.5M in 2005.
  • Its result from patient care: −$692K (2002), $470K (2003), $781K (2005).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1996
reopened
$7.2M
$6.9M
1997
reopened
$8.6M
$7.7M
1998
reopened
$9.0M
$8.5M
1999
settled
$9.6M
$8.9M
2000
reopened
$10.2M
$10.1M
2001
settled
$12.4M
$12.4M
2002
reopened
$12.5M
$13.2M
2003
reopened
$13.3M
$12.8M
2005
settled
$16.5M
$15.7M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Meeker County Memorial Hospital30$16,502,178$15,720,7784.7%
Glacial Ridge Hospital, Glenwood32$11,723,818$12,174,947−3.9%
Monticello Big Lake Community Hospit, Monticello29$12,521,814$13,055,106−4.3%
Northfield Hospital, Northfield32$39,369,202$38,566,7512.0%
Perham Memorial Hospital and Home, Perham29$15,858,818$16,249,016−2.5%
Swift County - Benson, Benson31$8,027,675$8,424,234−4.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 240133.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read June 16, 2006.