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Short-term acute care hospital · Edison, New Jersey · 28 beds · CMS certification number 310121

Roosevelt Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 23, 1998, settled, stamped by CMS December 5, 2000. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$13.7M
$13,726,510 · G-3 line 3
Operating expenses
$16.1M
$16,116,975 · G-3 line 4
Result from patient care
−$2.4M
−$2,390,465 · G-3 line 5
Margin on patient care
−17.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $27.6M in its first year on file (1996) to $13.7M in 1998.
  • Its result from patient care: −$11.2M (1996), −$7.9M (1997), −$2.4M (1998).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
settled
$27.6M
$38.8M
1997
settled
$27.7M
$35.6M
1998
settled
$13.7M
$16.1M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from New Jersey first; each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Roosevelt Hospital28$13,726,510$16,116,975−17.4%
Inspira Medical Center Mullica Hill, Elmer91$23,607,610$23,741,447−0.6%
Greenville Hospital, Jersey City86$18,540,151$19,848,061−7.0%
Montclair Community Hospital, Montclair45$8,271,828$12,754,584−54.2%
St. Clares Hospital - Sussex, Sussex41$15,016,166$16,948,827−12.9%
St. Francis Hospital, Jersey City103$44,319,294$49,293,548−11.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 310121.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read December 5, 2000.