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Short-term acute care hospital · Siler City, North Carolina · 68 beds · CMS certification number 340111

Chatham Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2002, settled, stamped by CMS March 12, 2004. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$5.2M
$5,203,832 · G-3 line 3
Operating expenses
$5.9M
$5,914,390 · G-3 line 4
Result from patient care
−$711K
−$710,558 · G-3 line 5
Margin on patient care
−13.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.3M in its first year on file (1996) to $5.2M in 2002.
  • Its result from patient care: $215K (2000), $61K (2001), −$711K (2002).
  • 3 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$7.3M
$7.4M
1997
settled
$7.6M
$8.0M
1998
settled
$8.3M
$8.5M
1999
as submitted
$9.0M
$8.7M
2000
settled
$9.9M
$9.6M
2001
settled
$10.3M
$10.3M
2002
settled
$5.2M
$5.9M

Beside its peers

Short-term acute care hospitals in North Carolina with 50 to 99 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Chatham Hospital68$5,203,832$5,914,390−13.7%
Angel Medical Center, Franklin68$30,890,972$29,744,1113.7%
Ashe Memorial Hospital, Jefferson76$18,983,721$19,041,140−0.3%
Adventhealth Hendersonville, Fletcher74$62,149,433$55,885,82110.1%
Mission Hospital McDowell, Marion65$26,792,315$29,165,357−8.9%
Transylvania Community Hospital, Brevard76$28,501,907$28,961,507−1.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 340111.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read March 12, 2004.