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Short-term acute care hospital · Alexandria Bay, New York · 25 beds · CMS certification number 330114

River Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 24, 2003, settled, stamped by CMS July 31, 2006. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$855K
$854,675 · G-3 line 3
Operating expenses
$1.6M
$1,563,213 · G-3 line 4
Result from patient care
−$709K
−$708,538 · G-3 line 5
Margin on patient care
−82.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $5.0M in its first year on file (1996) to $855K in 2003.
  • Its result from patient care: −$635K (2001), −$1.7M (2002), −$709K (2003).
  • 4 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 2003.

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

Eight years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$5.0M
$5.0M
1997
settled with audit
$5.3M
$4.9M
1998
reopened
$5.3M
$5.3M
1999
reopened
$5.5M
$6.1M
2000
reopened
$5.2M
$6.1M
2001
settled with audit
$4.9M
$5.5M
2002
settled
$4.4M
$6.0M
2003
settled
$855K
$1.6M

Beside its peers

Short-term acute care hospitals in New York with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
River Hospital25$854,675$1,563,213−82.9%
Bassett Hospital of Schoharie County, Cobleskill40$14,698,996$15,235,951−3.6%
Carthage Area Hospital, Carthage38$21,303,010$19,248,2909.7%
Commuity Memorial Hospital, Hamilton40$27,344,222$28,681,944−4.9%
Manhattan Eye Ear & Throat Hospital, New York30$36,415,932$40,619,932−11.5%
Westfield Memorial Hospital, Westfield32$8,520,500$8,760,067−2.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 330114.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read July 31, 2006.