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Short-term acute care hospital · Granite Falls, Minnesota · 30 beds · CMS certification number 240170

Granite Falls Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2002, reopened, stamped by CMS January 20, 2006. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$8.3M
$8,328,636 · G-3 line 3
Operating expenses
$8.3M
$8,285,828 · G-3 line 4
Result from patient care
$43K
$42,808 · G-3 line 5
Margin on patient care
0.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.9M in its first year on file (1996) to $8.3M in 2002.
  • Its result from patient care: $145K (2000), −$17K (2001), $43K (2002).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain 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
reopened
$6.9M
$6.7M
1997
reopened
$7.3M
$7.1M
1998
settled
$7.3M
$7.8M
1999
settled
$7.9M
$8.1M
2000
settled
$8.9M
$8.7M
2001
reopened
$9.6M
$9.6M
2002
reopened
$8.3M
$8.3M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Granite Falls Hospital30$8,328,636$8,285,8280.5%
Meeker County Memorial Hospital, Litchfield30$12,524,515$13,216,174−5.5%
Ortonville Area Health Services, Ortonville31$8,656,190$8,379,2403.2%
Paynesville Area Hospital, Paynesville30$19,779,122$20,686,534−4.6%
St. Elizabeth Hosp. of Wabasha, Wabasha31$8,471,572$8,590,548−1.4%
Swift County - Benson, Benson31$6,215,977$5,707,9508.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 240170.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read January 20, 2006.