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Short-term acute care hospital · Margaretville, New York · 22 beds · CMS certification number 330092

Margaretville Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 29, 2000, settled, stamped by CMS January 27, 2005. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$2.1M
$2,132,528 · G-3 line 3
Operating expenses
$2.9M
$2,872,450 · G-3 line 4
Result from patient care
−$740K
−$739,922 · G-3 line 5
Margin on patient care
−34.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $5.8M in its first year on file (1996) to $2.1M in 2000.
  • Its result from patient care: −$1.3M (1998), −$1.3M (1999), −$740K (2000).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2000.

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

Five years of filings

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

Net patient revenueOperating expenses
1996
reopened
$5.8M
$6.4M
1997
settled with audit
$4.9M
$6.2M
1998
settled
$4.8M
$6.1M
1999
settled with audit
$5.3M
$6.6M
2000
settled
$2.1M
$2.9M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from New York first; each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Margaretville Memorial Hospital22$2,132,528$2,872,450−34.7%
Amc South Clinical Campus, Albany20$9,974,969$14,566,418−46.0%
Clifton-Fine Hospital, Star Lake20$1,600,057$2,182,025−36.4%
E.J. Noble Hospital/Samaritan, Alexandria Bay25$5,240,727$6,059,021−15.6%
Manhattan Eye Ear & Throat Hospital, New York30$21,926,310$30,820,648−40.6%
O Connor Hospital, Delhi28$1,926,892$3,092,468−60.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 330092.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read January 27, 2005.