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Short-term acute care hospital · Yadkinville, North Carolina · 22 beds · CMS certification number 340006

Hoots Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, settled, stamped by CMS August 26, 2004. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$5.7M
$5,747,918 · G-3 line 3
Operating expenses
$8.6M
$8,564,254 · G-3 line 4
Result from patient care
−$2.8M
−$2,816,336 · G-3 line 5
Margin on patient care
−49.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.5M in its first year on file (1997) to $5.7M in 2001.
  • Its result from patient care: −$2.6M (1999), −$2.1M (2000), −$2.8M (2001).
  • 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 2001.

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
1997
settled
$4.5M
$7.0M
1998
settled
$5.5M
$7.1M
1999
reopened
$4.2M
$6.9M
2000
settled
$6.3M
$8.4M
2001
settled
$5.7M
$8.6M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from North Carolina first; each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Hoots Memorial Hospital22$5,747,918$8,564,254−49.0%
Dorthea Dix Hospital, Raleigh16$6,410,803$113,584,151−1671.8%
Highlands Cashiers Hospital, Highlands24$12,208,159$13,545,006−10.9%
North Carolina Specialty Hospital, Durham16$3,711,162$5,221,120−40.7%
Wilmington Treatment Center, Wilmington27$4,775,823$4,324,3799.4%
Washington County Hospital, Plymouth25$10,318,231$10,668,615−3.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 340006.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read August 26, 2004.