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Short-term acute care hospital · Reidsville, North Carolina · 110 beds · CMS certification number 340007

Annie Penn Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2002, settled, stamped by CMS December 18, 2006. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$28.4M
$28,400,798 · G-3 line 3
Operating expenses
$29.6M
$29,593,957 · G-3 line 4
Result from patient care
−$1.2M
−$1,193,159 · G-3 line 5
Margin on patient care
−4.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $29.5M in its first year on file (1996) to $28.4M in 2002.
  • Its result from patient care: −$1.3M (2000), −$283K (2001), −$1.2M (2002).
  • 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$29.5M
$29.6M
1997
reopened
$29.2M
$28.8M
1998
reopened
$28.1M
$31.4M
1999
settled
$28.2M
$30.1M
2000
reopened
$30.7M
$32.0M
2001
settled
$8.7M
$9.0M
2002
settled
$28.4M
$29.6M

Beside its peers

Short-term acute care hospitals in North Carolina with 100 to 199 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Annie Penn Memorial Hospital110$28,400,798$29,593,957−4.2%
UNC Health Caldwell, Lenoir108$51,695,949$54,267,187−5.0%
Firsthealth Richmond Mem. Hospital, Rockingham108$33,994,142$35,908,176−5.6%
Northern Regional Hospital, Mount Airy112$49,110,878$50,631,550−3.1%
Sampson Regional Medical Center, Clinton116$43,450,834$41,473,4744.5%
Watauga Medical Center, Boone117$59,123,515$58,777,1200.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 340007.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read December 18, 2006.