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Short-term acute care hospital · Mora, Minnesota · 40 beds · CMS certification number 240152

Kanabec Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2005, settled, stamped by CMS September 15, 2006. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$5.7M
$5,685,145 · G-3 line 3
Operating expenses
$5.8M
$5,819,767 · G-3 line 4
Result from patient care
−$135K
−$134,622 · G-3 line 5
Margin on patient care
−2.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.4M in its first year on file (1996) to $5.7M in 2005.
  • Its result from patient care: $464K (2003), −$134K (2004), −$135K (2005).
  • 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 2005.

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

Ten years of filings

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

Net patient revenueOperating expenses
1996
settled
$7.4M
$7.4M
1997
reopened
$9.0M
$8.6M
1998
reopened
$10.1M
$9.6M
1999
settled
$11.6M
$10.9M
2000
settled
$14.6M
$13.6M
2001
settled
$18.4M
$17.8M
2002
settled
$20.1M
$19.8M
2003
settled
$21.4M
$21.0M
2004
settled
$21.4M
$21.5M
2005
settled
$5.7M
$5.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Kanabec Hospital40$5,685,145$5,819,767−2.4%
Buffalo Hospital, Buffalo34$39,458,075$39,488,077−0.1%
Northwest Medical Center, Thief River Falls36$24,725,259$29,862,045−20.8%
Pipestone County Medical Center, Pipestone44$9,964,767$9,475,7524.9%
United Hospital District, Blue Earth43$6,641,257$6,609,7170.5%
Sanford Worthington Medical Center, Worthington46$20,979,191$20,248,5613.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 240152.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read September 15, 2006.