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Short-term acute care hospital · Hillsboro, North Dakota · 20 beds · CMS certification number 350027

Hillsboro Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2004, settled, stamped by CMS November 3, 2005. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$3.8M
$3,849,091 · G-3 line 3
Operating expenses
$4.2M
$4,165,162 · G-3 line 4
Result from patient care
−$316K
−$316,071 · G-3 line 5
Margin on patient care
−8.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.1M in its first year on file (1996) to $3.8M in 2004.
  • Its result from patient care: $100K (2002), −$89K (2003), −$316K (2004).
  • 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 2004.

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

Nine years of filings

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

Net patient revenueOperating expenses
1996
reopened
$3.1M
$3.2M
1997
settled with audit
$3.2M
$3.4M
1998
reopened
$2.4M
$2.8M
1999
reopened
$3.3M
$3.6M
2000
settled
$3.4M
$3.4M
2001
settled
$3.7M
$3.6M
2002
settled
$4.0M
$3.9M
2003
settled
$4.1M
$4.2M
2004
settled
$3.8M
$4.2M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from North Dakota first; each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Hillsboro Medical Center20$3,849,091$4,165,162−8.2%
Heart of America Medical Center, Rugby38$11,305,741$12,220,654−8.1%
Jamestown Hospital, Jamestown56$19,626,665$20,696,512−5.5%
Mercy Hospital, Devils Lake35$13,805,751$13,693,7470.8%
Towner County Medical Center, Cando20$4,780,104$5,516,791−15.4%
West River Regional Medical Center, Hettinger46$16,200,998$17,501,745−8.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 350027.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read November 3, 2005.