Velarion Records

Short-term acute care hospital · Chillicothe, Missouri · 49 beds · CMS certification number 260044

Hedrick Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2004, reopened, stamped by CMS August 13, 2008. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$22.4M
$22,416,490 · G-3 line 3
Operating expenses
$20.6M
$20,646,971 · G-3 line 4
Result from patient care
$1.8M
$1,769,519 · G-3 line 5
Margin on patient care
7.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $9.6M in its first year on file (1996) to $22.4M in 2004.
  • Its result from patient care: −$401K (2002), −$923K (2003), $1.8M (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.

Nine years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$9.6M
$9.6M
1997
settled
$14.7M
$15.5M
1998
settled with audit
$13.7M
$15.3M
1999
settled
$14.6M
$15.1M
2000
reopened
$15.5M
$15.8M
2001
reopened
$16.8M
$17.3M
2002
reopened
$18.5M
$18.9M
2003
reopened
$19.4M
$20.3M
2004
reopened
$22.4M
$20.6M

Beside its peers

Short-term acute care hospitals in Missouri with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Hedrick Medical Center49$22,416,490$20,646,9717.9%
Excelsior Springs Medical Center, Excelsior Springs48$17,131,559$18,269,955−6.7%
Lafayette Regional Health Center, Lexington49$15,833,175$20,084,687−26.9%
Missouri Baptist Hospital-Sullivan, Sullivan49$34,941,594$31,565,3979.7%
Pemiscot County Memorial Hospital, Hayti49$29,897,935$29,598,8101.0%
St. John S Hospital - Aurora, Aurora49$11,116,649$10,942,7091.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 260044.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read August 13, 2008.