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Short-term acute care hospital · Franklin, North Carolina · 47 beds · CMS certification number 340012

Angel Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 26, 2009, reopened, stamped by CMS July 19, 2024. Fourteen years on file, every one shown below.

Fiscal 2009 at a glance

Net patient revenue
$13.5M
$13,465,877 · G-3 line 3
Operating expenses
$15.6M
$15,586,132 · G-3 line 4
Result from patient care
−$2.1M
−$2,120,255 · G-3 line 5
Margin on patient care
−15.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $20.7M in its first year on file (1996) to $13.5M in 2009.
  • Its result from patient care: −$1.4M (2007), −$2.7M (2008), −$2.1M (2009).
  • 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 2009.

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

Fourteen years of filings

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

Net patient revenueOperating expenses
1996
reopened
$20.7M
$19.2M
1997
reopened
$25.6M
$23.6M
1998
settled
$24.5M
$24.9M
1999
settled
$26.8M
$27.4M
2000
settled
$28.5M
$27.0M
2001
reopened
$28.2M
$29.2M
2002
reopened
$30.9M
$29.7M
2003
reopened
$31.1M
$33.0M
2004
settled
$35.1M
$37.5M
2005
reopened
$38.2M
$39.3M
2006
settled
$38.2M
$39.2M
2007
reopened
$39.0M
$40.4M
2008
reopened
$34.3M
$37.0M
2009
reopened
$13.5M
$15.6M

Beside its peers

Short-term acute care hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2009.

HospitalBedsNet patient revenueOperating expensesMargin
Angel Medical Center47$13,465,877$15,586,132−15.8%
Blue Ridge Regional Hospital, Spruce Pine49$38,900,094$38,825,7990.2%
ECU Health Duplin Hospital, Kenansville49$29,756,608$32,332,917−8.7%
Kings Mountain Hospital, Kings Mountain42$42,855,779$42,438,9701.0%
Martin General Hospital, Williamston45$29,712,356$30,789,158−3.6%
Mission Hospital McDowell, Marion49$32,672,462$36,059,681−10.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2009.ZIP, form CMS-2552-96, filed under CMS certification number 340012.

How this page was built: the CMS Medicare cost report, file HOSPFY2009.ZIP, read July 19, 2024.