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Short-term acute care hospital · Danbury, North Carolina · 53 beds · CMS certification number 340019

Stokes-Reynolds Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2004, settled, stamped by CMS August 14, 2006. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$10.5M
$10,494,737 · G-3 line 3
Operating expenses
$13.9M
$13,928,792 · G-3 line 4
Result from patient care
−$3.4M
−$3,434,055 · G-3 line 5
Margin on patient care
−32.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $11.1M in its first year on file (1997) to $10.5M in 2004.
  • Its result from patient care: −$2.9M (2002), −$2.4M (2003), −$3.4M (2004).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2004.

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
1997
settled
$11.1M
$11.3M
1998
settled
$9.4M
$11.4M
1999
settled
$10.2M
$11.5M
2000
settled
$8.8M
$11.6M
2001
settled
$8.8M
$12.3M
2002
settled
$10.0M
$12.9M
2003
settled
$10.8M
$13.1M
2004
settled
$10.5M
$13.9M

Beside its peers

Short-term acute care hospitals in North Carolina with 50 to 99 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Stokes-Reynolds Memorial Hospital53$10,494,737$13,928,792−32.7%
Angel Medical Center, Franklin59$35,132,897$37,495,351−6.7%
Atrium Health Anson, Wadesboro52$23,930,743$24,801,996−3.6%
Chowan Hospital, Edenton50$18,810,965$20,834,674−10.8%
St. Luke S Hospital, Columbus59$20,930,549$22,004,904−5.1%
Mission Hospital McDowell, Marion55$27,508,088$31,964,000−16.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 340019.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read August 14, 2006.