Short-term acute care hospital · Minneapolis, Minnesota · 8 beds · CMS certification number 240196
Phillips Eye Institute
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2019, settled, stamped by CMS May 17, 2022. 24 years on file, every one shown below.
Fiscal 2019 at a glance
What stands out
- Net patient revenue rose from $12.7M in its first year on file (1996) to $20.2M in 2019.
- Its result from patient care: −$236K (2017), $1.2M (2018), $934K (2019).
- 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 2019.
Every statement is drawn from figures on this page; nothing is estimated.
24 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Hospitals of the same type (short-term acute care hospital), nearest in size, from Minnesota first; each on fiscal year 2019.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Phillips Eye Institute | 8 | $20,177,435 | $19,243,334 | 4.6% |
| Allina Health Faribault Medical Center, Faribault | 32 | $50,475,987 | $53,245,563 | −5.5% |
| Fairview Northland Hospital, Princeton | 34 | $74,496,478 | $71,125,552 | 4.5% |
| Grand Itasca Clinic and Hospital, Grand Rapids | 36 | $95,268,389 | $96,374,109 | −1.2% |
| Owatonna Hospital, Owatonna | 29 | $58,847,439 | $58,022,565 | 1.4% |
| Regina Hospital, Hastings | 29 | $62,445,036 | $66,829,122 | −7.0% |
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 240196.
How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read May 17, 2022.