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Short-term acute care hospital · Cando, North Dakota · 20 beds · CMS certification number 350014

Towner County Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2007, settled, stamped by CMS July 31, 2008. Eleven years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$10.7M
$10,714,386 · G-3 line 3
Operating expenses
$12.0M
$12,044,041 · G-3 line 4
Result from patient care
−$1.3M
−$1,329,655 · G-3 line 5
Margin on patient care
−12.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.4M in its first year on file (1997) to $10.7M in 2007.
  • Its result from patient care: −$281K (2005), −$574K (2006), −$1.3M (2007).
  • 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 2007.

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

Eleven years of filings

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

Net patient revenueOperating expenses
1997
settled with audit
$4.4M
$4.3M
1998
settled
$6.2M
$6.2M
1999
settled
$5.9M
$6.1M
2000
settled
$6.2M
$6.3M
2001
settled
$6.3M
$6.3M
2002
settled
$6.3M
$6.7M
2003
settled
$7.2M
$7.3M
2004
reopened
$4.8M
$5.5M
2005
settled
$7.7M
$7.9M
2006
settled
$8.5M
$9.1M
2007
settled
$10.7M
$12.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from North Dakota first; each on fiscal year 2007.

HospitalBedsNet patient revenueOperating expensesMargin
Towner County Medical Center20$10,714,386$12,044,041−12.4%
Heart of America Medical Center, Rugby38$11,705,985$13,790,068−17.8%
Jamestown Hospital, Jamestown56$21,177,624$20,832,7351.6%
Mercy Hospital, Devils Lake35$16,243,626$15,680,8973.5%
Mercy Medical Center, Williston73$34,688,415$37,747,823−8.8%
St. Joseph S Hospital & Health CTR, Dickinson49$34,975,128$40,910,821−17.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 350014.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read July 31, 2008.