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Short-term acute care hospital · Albany, Minnesota · 17 beds · CMS certification number 240193

Albany Area Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2002, reopened, stamped by CMS February 22, 2006. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$4.3M
$4,276,208 · G-3 line 3
Operating expenses
$4.0M
$4,047,614 · G-3 line 4
Result from patient care
$229K
$228,594 · G-3 line 5
Margin on patient care
5.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.8M in its first year on file (1996) to $4.3M in 2002.
  • Its result from patient care: $177K (2000), $191K (2001), $229K (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
$3.8M
$3.8M
1997
reopened
$3.7M
$3.7M
1998
reopened
$4.2M
$4.1M
1999
settled
$3.7M
$3.5M
2000
settled
$5.2M
$5.0M
2001
settled
$6.0M
$5.8M
2002
reopened
$4.3M
$4.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Albany Area Hospital17$4,276,208$4,047,6145.3%
Hendricks Community Hospital Assoc, Hendricks19$5,987,749$6,217,556−3.8%
Kittson Memorial Hospital, Hallock15$3,177,084$3,187,913−0.3%
Madison Lutheran Home, Madison18$9,725,682$9,296,3754.4%
Tyler Healthcare Center, Tyler19$5,561,401$5,505,4891.0%
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 240193.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read February 22, 2006.