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Short-term acute care hospital · Nags Head, North Carolina · 18 beds · CMS certification number 340177

The Outer Banks Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2006, settled, stamped by CMS July 25, 2007. Five years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$12.3M
$12,282,255 · G-3 line 3
Operating expenses
$12.6M
$12,567,408 · G-3 line 4
Result from patient care
−$285K
−$285,153 · G-3 line 5
Margin on patient care
−2.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $9.8M in its first year on file (2002) to $12.3M in 2006.
  • Its result from patient care: $7.8M (2004), $2.7M (2005), −$285K (2006).
  • 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 2006.

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

Five years of filings

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

Net patient revenueOperating expenses
2002
settled
$9.8M
$13.3M
2003
reopened
$17.1M
$19.9M
2004
settled
$30.2M
$22.5M
2005
reopened
$34.1M
$31.3M
2006
settled
$12.3M
$12.6M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from North Carolina first; each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
The Outer Banks Hospital18$12,282,255$12,567,408−2.3%
Ashe Memorial Hospital, Jefferson26$22,112,840$25,856,418−16.9%
J Arthur Dosher Memorial Hospital, Southport36$24,995,161$24,913,7050.3%
Kings Mountain Hospital, Kings Mountain42$33,888,106$32,652,2303.6%
Novant Health Medical Park Hospital, Winston-Salem42$53,192,914$39,988,94024.8%
North Carolina Specialty Hospital, Durham18$23,319,416$20,057,90314.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 340177.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read July 25, 2007.