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Short-term acute care hospital · Springfield, Minnesota · 24 beds · CMS certification number 240179

Springfield Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2004, reopened, stamped by CMS December 29, 2006. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$8.1M
$8,064,486 · G-3 line 3
Operating expenses
$7.9M
$7,866,467 · G-3 line 4
Result from patient care
$198K
$198,019 · G-3 line 5
Margin on patient care
2.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.7M in its first year on file (1996) to $8.1M in 2004.
  • Its result from patient care: $620K (2001), $278K (2002), $198K (2004).
  • 3 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 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.

Net patient revenueOperating expenses
1996
settled
$2.7M
$2.5M
1997
settled
$3.3M
$2.6M
1998
settled
$2.9M
$4.3M
1999
reopened
$5.5M
$5.1M
2000
reopened
$5.5M
$5.7M
2001
settled
$6.8M
$6.2M
2002
reopened
$7.1M
$6.8M
2004
reopened
$8.1M
$7.9M

Beside its peers

Short-term acute care hospitals in Minnesota with under 25 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Springfield Medical Center24$8,064,486$7,866,4672.5%
Deer River Health Care Center, Deer River20$12,307,798$11,654,5055.3%
Eleah Medical Center, Elbow Lake20$4,862,806$6,285,046−29.3%
Madison Lutheran Home, Madison12$10,508,283$10,060,3534.3%
Minnesota Valley Health Center, Le Sueur24$6,537,070$7,381,308−12.9%
Phillips Eye Institute, Minneapolis10$24,512,002$23,447,3844.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 240179.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read December 29, 2006.