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Short-term acute care hospital · Wilmington, North Carolina · 94 beds · CMS certification number 340094

Cape Fear Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 1999, settled, stamped by CMS April 2, 2003. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$31.0M
$31,025,748 · G-3 line 3
Operating expenses
$34.0M
$34,000,889 · G-3 line 4
Result from patient care
−$3.0M
−$2,975,141 · G-3 line 5
Margin on patient care
−9.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $24.6M in its first year on file (1996) to $31.0M in 1999.
  • Its result from patient care: −$4.0M (1997), −$1.7M (1998), −$3.0M (1999).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 1999.

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

Four years of filings

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

Net patient revenueOperating expenses
1996
settled
$24.6M
$16.5M
1997
settled
$37.8M
$41.8M
1998
as submitted
$43.7M
$45.4M
1999
settled
$31.0M
$34.0M

Beside its peers

Short-term acute care hospitals in North Carolina with 50 to 99 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Cape Fear Hospital94$31,025,748$34,000,889−9.6%
Lexington Medical Center, Lexington94$36,462,071$36,228,4440.6%
Maria Parham Health, Henderson91$37,179,919$35,718,0803.9%
Presbyterian Orthopaedic Hospital, Charlotte96$43,968,440$40,772,1847.3%
Scotland Memorial Hospital, Laurinburg99$54,428,545$53,091,8102.5%
Atrium Health Stanly, Albemarle97$49,670,816$46,501,3976.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 340094.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read April 2, 2003.