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Short-term acute care hospital · North Tonawanda, New York · 73 beds · CMS certification number 330007

Degraff Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 1998, reopened, stamped by CMS March 31, 2004. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$7.4M
$7,365,335 · G-3 line 3
Operating expenses
$7.9M
$7,919,877 · G-3 line 4
Result from patient care
−$555K
−$554,542 · G-3 line 5
Margin on patient care
−7.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $37.7M in its first year on file (1996) to $7.4M in 1998.
  • Its result from patient care: $85K (1996), −$4.0M (1997), −$555K (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 with audit
$37.7M
$37.6M
1997
reopened
$32.6M
$36.6M
1998
reopened
$7.4M
$7.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Degraff Memorial Hospital73$7,365,335$7,919,877−7.5%
Alice Hyde Hospital Association, Malone78$25,629,795$25,716,988−0.3%
Jones Memorial Hospital, Wellsville70$18,983,382$19,968,583−5.2%
Massapequa General Hospital, Seaford78$31,280,646$36,983,999−18.2%
Northern Dutchess Hospital, Rhinebeck68$19,502,152$21,999,448−12.8%
WMC Health Network - Rockland, Warwick78$18,145,968$20,028,686−10.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 330007.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read March 31, 2004.