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Short-term acute care hospital · Portales, New Mexico · 61 beds · CMS certification number 320023

Plains Regional Med CTR - Portales

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 13, 1998, reopened, stamped by CMS April 29, 2005. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$5.5M
$5,458,593 · G-3 line 3
Operating expenses
$8.3M
$8,345,113 · G-3 line 4
Result from patient care
−$2.9M
−$2,886,520 · G-3 line 5
Margin on patient care
−52.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.8M in its first year on file (1996) to $5.5M in 1998.
  • Its result from patient care: −$407K (1996), −$1.5M (1997), −$2.9M (1998).
  • 2 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 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
as submitted
$9.8M
$10.2M
1997
settled
$9.1M
$10.6M
1998
reopened
$5.5M
$8.3M

Beside its peers

Short-term acute care hospitals in New Mexico with 50 to 99 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Plains Regional Med CTR - Portales61$5,458,593$8,345,113−52.9%
Cibola General Hospital, Grants67$6,058,717$6,797,961−12.2%
Gila Regional Medical Center, Silver City58$27,738,391$27,579,4020.6%
Holy Cross Hospital, Taos63$15,063,979$13,969,5957.3%
Los Alamos Medical Center, Los Alamos59$24,455,054$23,371,1404.4%
N.E. Regional Hospital, Las Vegas62$16,089,529$16,286,569−1.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 320023.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read April 29, 2005.