Velarion Records

Short-term acute care hospital · Middletown, New York · 247 beds · CMS certification number 330001

Horton Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2002, reopened, stamped by CMS March 4, 2025. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$134.5M
$134,453,260 · G-3 line 3
Operating expenses
$122.0M
$121,988,770 · G-3 line 4
Result from patient care
$12.5M
$12,464,490 · G-3 line 5
Margin on patient care
9.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $74.8M in its first year on file (1996) to $134.5M in 2002.
  • Its result from patient care: $5.3M (2000), $7.5M (2001), $12.5M (2002).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a gain on patient care for fiscal year 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$74.8M
$72.6M
1997
reopened
$80.0M
$78.8M
1998
reopened
$86.7M
$85.2M
1999
settled with audit
$103.5M
$98.2M
2000
reopened
$112.0M
$106.7M
2001
reopened
$120.5M
$113.0M
2002
reopened
$134.5M
$122.0M

Beside its peers

Short-term acute care hospitals in New York with 200 to 399 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Horton Medical Center247$134,453,260$121,988,7709.3%
The Unity Hospital of Rochester, Rochester248$221,702,206$228,645,752−3.1%
Parkway Hospital, Forest Hills251$69,476,536$71,297,179−2.6%
Samaritan Medical Center, Watertown246$97,895,415$99,285,255−1.4%
Montefiore New Rochelle Hospital, New Rochelle253$122,424,996$127,928,910−4.5%
St. Luke S Hospital, Newburgh242$79,769,222$80,452,846−0.9%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in New York

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 330001.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read March 4, 2025.