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Short-term acute care hospital · Cleveland, Ohio · 219 beds · CMS certification number 360045

St. Lukes Medical Center - Amended

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 1998, settled with audit, stamped by CMS August 24, 2001. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$75.8M
$75,832,800 · G-3 line 3
Operating expenses
$74.9M
$74,924,892 · G-3 line 4
Result from patient care
$908K
$907,908 · G-3 line 5
Margin on patient care
1.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $94.7M in its first year on file (1996) to $75.8M in 1998.
  • Its result from patient care: −$33.3M (1996), $852K (1997), $908K (1998).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
reopened
$94.7M
$128.0M
1997
settled
$44.1M
$43.3M
1998
settled with audit
$75.8M
$74.9M

Beside its peers

Short-term acute care hospitals in Ohio with 200 to 399 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
St. Lukes Medical Center - Amended219$75,832,800$74,924,8921.2%
Blanchard Valley Hospital, Findlay213$70,559,521$68,126,4173.5%
Mercy Health - Lorain Hospital, Lorain214$121,689,244$124,362,480−2.2%
Providence Hospital, Sandusky223$43,617,720$44,245,471−1.4%
St. Charles Hospital, Oregon224$108,154,504$105,976,5132.0%
St. Vincent Charity Hospital, Cleveland224$85,888,261$99,182,752−15.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 360045.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read August 24, 2001.