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Short-term acute care hospital · Hamlet, North Carolina · 64 beds · CMS certification number 340106

Sandhills Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2017, settled, stamped by CMS March 3, 2022. 22 years on file, every one shown below.

Fiscal 2017 at a glance

Net patient revenue
$6.5M
$6,453,376 · G-3 line 3
Operating expenses
$9.9M
$9,917,360 · G-3 line 4
Result from patient care
−$3.5M
−$3,463,984 · G-3 line 5
Margin on patient care
−53.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $17.8M in its first year on file (1996) to $6.5M in 2017.
  • Its result from patient care: −$1.1M (2015), −$3.0M (2016), −$3.5M (2017).
  • 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 2017.

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

22 years of filings

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

Net patient revenueOperating expenses
1996
settled
$17.8M
$12.7M
1997
reopened
$18.9M
$13.1M
1998
settled
$18.1M
$13.4M
1999
reopened
$17.6M
$14.3M
2000
reopened
$19.6M
$16.6M
2001
settled
$24.1M
$19.4M
2002
settled
$25.9M
$20.7M
2003
settled
$27.9M
$21.8M
2004
settled
$27.3M
$21.1M
2005
settled
$34.2M
$24.5M
2006
settled
$32.4M
$25.8M
2007
settled
$34.8M
$25.7M
2008
reopened
$40.1M
$27.2M
2009
reopened
$36.8M
$35.8M
2010
reopened
$35.5M
$33.3M
2011
reopened
$37.1M
$34.1M
2012
reopened
$37.6M
$29.7M
2013
reopened
$26.1M
$28.0M
2014
settled
$30.2M
$34.4M
2015
settled
$32.9M
$34.0M
2016
settled
$23.8M
$26.8M
2017
settled
$6.5M
$9.9M

Beside its peers

Short-term acute care hospitals in North Carolina with 50 to 99 beds, each on fiscal year 2017.

HospitalBedsNet patient revenueOperating expensesMargin
Sandhills Regional Medical Center64$6,453,376$9,917,360−53.7%
Novant Health Brunswick Medical Center, Bolivia66$88,876,004$92,015,005−3.5%
Adventhealth Hendersonville, Hendersonville73$171,003,448$165,619,5553.1%
Novant Health Thomasville Medical Center, Thomasville67$85,943,743$86,523,014−0.7%
Vidant Beaufort Hospital, Washington72$72,856,706$76,526,439−5.0%
ECU Health Roanoke Chowan Hospital, Ahoskie70$79,553,970$82,482,484−3.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2017.ZIP, form CMS-2552-10, filed under CMS certification number 340106.

How this page was built: the CMS Medicare cost report, file HOSP10FY2017.ZIP, read March 3, 2022.