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Short-term acute care hospital · Plentywood, Montana · 21 beds · CMS certification number 270058

Sheridan Memorial

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, settled, stamped by CMS September 24, 2003. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$4.8M
$4,835,771 · G-3 line 3
Operating expenses
$5.7M
$5,653,763 · G-3 line 4
Result from patient care
−$818K
−$817,992 · G-3 line 5
Margin on patient care
−16.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.6M in its first year on file (1997) to $4.8M in 2001.
  • Its result from patient care: −$550K (1999), −$624K (2000), −$818K (2001).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2001.

Every statement is drawn from figures on this page; nothing is estimated.

Five years of filings

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

Net patient revenueOperating expenses
1997
settled
$4.6M
$4.9M
1998
settled with audit
$4.5M
$5.0M
1999
settled with audit
$5.0M
$5.5M
2000
settled
$5.2M
$5.8M
2001
settled
$4.8M
$5.7M

Beside its peers

Short-term acute care hospitals in Montana with under 25 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Sheridan Memorial21$4,835,771$5,653,763−16.9%
Beartooth Hospital & Health Center, Red Lodge20$4,276,388$4,399,117−2.9%
Marias Medical Center, Shelby20$7,927,666$9,536,844−20.3%
Pondera Medical Center, Conrad20$5,944,737$6,883,065−15.8%
Rosebud Community Hospital, Forsyth20$2,919,570$3,316,497−13.6%
St. Luke Community Hosp. & NRS HM, Ronan24$14,377,759$14,702,874−2.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 270058.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read September 24, 2003.