Velarion Records

Short-term acute care hospital · Valley City, North Dakota · 74 beds · CMS certification number 350013

Mercy Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, reopened, stamped by CMS January 30, 2006. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$6.7M
$6,691,427 · G-3 line 3
Operating expenses
$7.1M
$7,108,265 · G-3 line 4
Result from patient care
−$417K
−$416,838 · G-3 line 5
Margin on patient care
−6.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.1M in its first year on file (1997) to $6.7M in 2001.
  • Its result from patient care: −$229K (1999), −$430K (2000), −$417K (2001).
  • 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 2001.

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
1997
settled
$7.1M
$7.0M
1998
settled
$7.5M
$7.3M
1999
as submitted
$6.9M
$7.1M
2000
settled
$6.8M
$7.2M
2001
reopened
$6.7M
$7.1M

Beside its peers

Short-term acute care hospitals in North Dakota with 50 to 99 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Mercy Hospital74$6,691,427$7,108,265−6.2%
Innovis Health, Fargo74$47,127,921$64,181,132−36.2%
Jamestown Hospital, Jamestown56$14,806,847$16,096,264−8.7%
Mercy Hospital, Devils Lake50$12,288,716$11,264,3138.3%
Mercy Medical Center, Williston79$28,871,672$29,418,765−1.9%
St. Joseph S Hospital & Health CTR, Dickinson68$23,979,338$26,192,251−9.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 350013.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read January 30, 2006.