Velarion Records

Critical access hospital · Humboldt, Nebraska · 15 beds · CMS certification number 281337

Humboldt Health Care

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 7, 2002, settled, stamped by CMS June 4, 2003. Two years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$1.2M
$1,184,947 · G-3 line 3
Operating expenses
$1.6M
$1,558,496 · G-3 line 4
Result from patient care
−$374K
−$373,549 · G-3 line 5
Margin on patient care
−31.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.1M in its first year on file (2001) to $1.2M in 2002.
  • Its result from patient care: −$156K (2001), −$374K (2002).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2002.

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

Two years of filings

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

Net patient revenueOperating expenses
2001
settled
$1.1M
$1.2M
2002
settled
$1.2M
$1.6M

Beside its peers

Critical access hospitals in Nebraska with under 25 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Humboldt Health Care15$1,184,947$1,558,496−31.5%
CHI Health Schuyler, Schuyler15$6,675,565$6,304,3635.6%
Franklin County Memorial Hospital, Franklin17$3,010,658$3,144,655−4.5%
Henderson Health Care Services, Henderson15$3,803,678$4,231,280−11.2%
Pawnee County Memorial Hospital, Pawnee City17$3,484,428$3,397,8082.5%
Webster County Community Hospital, Red Cloud16$2,220,024$2,266,914−2.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 281337.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read June 4, 2003.