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Short-term acute care hospital · Elizabethtown, North Carolina · 48 beds · CMS certification number 340022

Bladen County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2003, reopened, stamped by CMS May 20, 2008. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$14.6M
$14,596,270 · G-3 line 3
Operating expenses
$18.2M
$18,214,410 · G-3 line 4
Result from patient care
−$3.6M
−$3,618,140 · G-3 line 5
Margin on patient care
−24.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $15.8M in its first year on file (1996) to $14.6M in 2003.
  • Its result from patient care: −$3.3M (2001), −$837K (2002), −$3.6M (2003).
  • 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 2003.

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
1996
settled
$15.8M
$15.1M
1997
settled
$16.6M
$16.0M
1998
settled
$17.2M
$17.3M
1999
settled
$17.4M
$18.7M
2000
settled
$17.2M
$18.1M
2001
settled
$13.5M
$16.8M
2002
settled
$16.3M
$17.2M
2003
reopened
$14.6M
$18.2M

Beside its peers

Short-term acute care hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Bladen County Hospital48$14,596,270$18,214,410−24.8%
Alleghany Co. Memorial Hospital, Sparta46$8,882,035$11,027,065−24.1%
ECU Health Duplin Hospital, Kenansville49$23,776,221$26,368,843−10.9%
Martin General Hospital, Williamston49$20,977,145$21,968,380−4.7%
Murphy Medical Center, Murphy46$41,397,167$39,115,6625.5%
Spruce Pine Community Hospital, Spruce Pine49$22,646,671$21,455,4805.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 340022.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read May 20, 2008.