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Short-term acute care hospital · Asheville, North Carolina · 209 beds · CMS certification number 340105

St. Josephs Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 27, 1998, settled, stamped by CMS September 6, 2002. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$98.7M
$98,724,372 · G-3 line 3
Operating expenses
$101.5M
$101,497,634 · G-3 line 4
Result from patient care
−$2.8M
−$2,773,262 · G-3 line 5
Margin on patient care
−2.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $88.6M in its first year on file (1996) to $98.7M in 1998.
  • Its result from patient care: $3.5M (1996), $2.5M (1997), −$2.8M (1998).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports 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
$88.6M
$85.1M
1997
reopened
$88.8M
$86.4M
1998
settled
$98.7M
$101.5M

Beside its peers

Short-term acute care hospitals in North Carolina with 200 to 399 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
St. Josephs Hospital209$98,724,372$101,497,634−2.8%
Carolinaeast Medical Center, New Bern215$131,150,567$108,666,37417.1%
UNC Health Blue Ridge, Morganton206$48,974,027$49,770,578−1.6%
Margaret R. Pardee Memorial Hospital, Pardee Hospital, UNC Health Pard, Hendersonville211$66,420,164$61,731,6027.1%
Novant Health Rowan Medical Center, Salisbury202$87,510,429$82,945,6455.2%
Wilson Medical Center, Wilson251$62,834,609$61,294,3422.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 340105.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read September 6, 2002.