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Short-term acute care hospital · Wayne, Nebraska · 37 beds · CMS certification number 280115

Providence Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1999, reopened, stamped by CMS January 4, 2002. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$6.0M
$5,965,787 · G-3 line 3
Operating expenses
$6.0M
$5,984,881 · G-3 line 4
Result from patient care
−$19K
−$19,094 · G-3 line 5
Margin on patient care
−0.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.7M in its first year on file (1996) to $6.0M in 1999.
  • Its result from patient care: −$89K (1997), $95K (1998), −$19K (1999).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 1999.

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

Four years of filings

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

Net patient revenueOperating expenses
1996
settled
$4.7M
$4.6M
1997
reopened
$5.0M
$5.0M
1998
settled
$5.6M
$5.5M
1999
reopened
$6.0M
$6.0M

Beside its peers

Short-term acute care hospitals in Nebraska with 25 to 49 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Providence Medical Center37$5,965,787$5,984,881−0.3%
Boone County Health Center, Albion39$8,001,890$8,464,580−5.8%
Kearney County Health Services, Minden38$3,339,008$3,861,950−15.7%
Memorial Community Hospital, Blair37$31,473,679$13,770,89556.3%
Osmond General Hospital, Osmond37$3,364,899$3,223,6614.2%
Plainview Public Hospital, Plainview37$2,985,000$3,272,642−9.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 280115.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read January 4, 2002.