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Short-term acute care hospital · Linville, North Carolina · 40 beds · CMS certification number 340005

Charles A. Cannon Jr Mem Hosp

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2005, reopened, stamped by CMS November 10, 2009. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$23.9M
$23,866,275 · G-3 line 3
Operating expenses
$29.8M
$29,809,721 · G-3 line 4
Result from patient care
−$5.9M
−$5,943,446 · G-3 line 5
Margin on patient care
−24.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $9.7M in its first year on file (1996) to $23.9M in 2005.
  • Its result from patient care: −$5.9M (2003), −$4.8M (2004), −$5.9M (2005).
  • 3 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 2005.

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

Ten years of filings

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

Net patient revenueOperating expenses
1996
reopened
$9.7M
$11.2M
1997
reopened
$8.9M
$11.3M
1998
settled
$10.1M
$10.9M
1999
settled
$20.5M
$24.0M
2000
settled
$21.0M
$22.8M
2001
settled
$24.1M
$25.1M
2002
reopened
$21.0M
$25.5M
2003
reopened
$22.0M
$27.9M
2004
reopened
$24.3M
$29.1M
2005
reopened
$23.9M
$29.8M

Beside its peers

Short-term acute care hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Charles A. Cannon Jr Mem Hosp40$23,866,275$29,809,721−24.9%
Blowing Rock Hospital, Blowing Rock28$3,413,696$3,731,662−9.3%
Good Hope Hospital, Erwin43$13,508,986$15,414,668−14.1%
J Arthur Dosher Memorial Hospital, Southport36$21,120,075$22,592,548−7.0%
Kings Mountain Hospital, Kings Mountain42$29,395,376$29,164,8430.8%
Novant Health Medical Park Hospital, Winston-Salem42$51,023,847$35,876,17929.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 340005.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read November 10, 2009.