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Short-term acute care hospital · Crossnore, North Carolina · 38 beds · CMS certification number 340080

Sloop Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 1998, reopened, stamped by CMS July 23, 2024. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$11.4M
$11,391,561 · G-3 line 3
Operating expenses
$16.7M
$16,747,854 · G-3 line 4
Result from patient care
−$5.4M
−$5,356,293 · G-3 line 5
Margin on patient care
−47.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.8M in its first year on file (1996) to $11.4M in 1998.
  • Its result from patient care: $13K (1996), −$730K (1997), −$5.4M (1998).
  • 2 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 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
settled
$10.8M
$10.7M
1997
reopened
$12.4M
$13.1M
1998
reopened
$11.4M
$16.7M

Beside its peers

Short-term acute care hospitals in North Carolina with 25 to 49 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Sloop Memorial Hospital38$11,391,561$16,747,854−47.0%
Bertie Memorial Hospital, Windsor36$2,054,138$2,574,048−25.3%
Firsthealth Montgomery Mem Hospital, Troy38$8,640,232$8,489,2761.8%
J Arthur Dosher Memorial Hospital, Southport40$11,447,046$11,751,022−2.7%
Kings Mountain Hospital, Kings Mountain40$10,962,588$10,792,7011.6%
Pender Memorial Hospital, Burgaw43$12,448,173$12,418,6650.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 340080.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read July 23, 2024.