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Short-term acute care hospital · Southern Pines, North Carolina · 4 beds · CMS certification number 340048

St. Joseph of the Pines

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 7, 2000, settled, stamped by CMS October 21, 2004. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$1.8M
$1,845,653 · G-3 line 3
Operating expenses
$8.4M
$8,439,610 · G-3 line 4
Result from patient care
−$6.6M
−$6,593,957 · G-3 line 5
Margin on patient care
−357.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $41.3M in its first year on file (1996) to $1.8M in 2000.
  • Its result from patient care: $69K (1998), −$12.6M (1999), −$6.6M (2000).
  • 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 2000.

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
1996
settled
$41.3M
$41.5M
1997
settled
$44.2M
$44.2M
1998
settled
$47.7M
$47.6M
1999
settled
$6.9M
$19.6M
2000
settled
$1.8M
$8.4M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from North Carolina first; each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
St. Joseph of the Pines4$1,845,653$8,439,610−357.3%
Highlands Cashiers Hospital, Highlands24$9,940,533$11,382,289−14.5%
Hoots Memorial Hospital, Yadkinville22$6,250,729$8,350,977−33.6%
North Carolina Specialty Hospital, Durham16$14,402,473$15,240,508−5.8%
Wilmington Treatment Center, Wilmington27$4,535,141$3,941,52513.1%
Washington County Hospital, Plymouth15$8,359,805$8,895,016−6.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 340048.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read October 21, 2004.