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Short-term acute care hospital · Florence, Oregon · 21 beds · CMS certification number 380013

Peace Harbor Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2003, settled, stamped by CMS September 8, 2005. Seven years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$28.2M
$28,235,002 · G-3 line 3
Operating expenses
$29.6M
$29,583,072 · G-3 line 4
Result from patient care
−$1.3M
−$1,348,070 · G-3 line 5
Margin on patient care
−4.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $18.8M in its first year on file (1997) to $28.2M in 2003.
  • Its result from patient care: −$20K (2001), −$379K (2002), −$1.3M (2003).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2003.

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

Seven years of filings

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

Net patient revenueOperating expenses
1997
reopened
$18.8M
$18.3M
1998
reopened
$19.1M
$18.9M
1999
as submitted
$21.0M
$20.6M
2000
settled with audit
$19.8M
$20.0M
2001
reopened
$23.1M
$23.2M
2002
settled
$25.6M
$26.0M
2003
settled
$28.2M
$29.6M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Oregon first; each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Peace Harbor Hospital21$28,235,002$29,583,072−4.8%
Coquille Valley Hospital, Coquille30$4,786,715$5,173,831−8.1%
Curry General Hospital, Gold Beach24$7,547,983$9,338,354−23.7%
Hood River Memorial Hospital, Hood River32$26,299,263$30,015,062−14.1%
Mountain View Hospital, Madras26$13,689,260$14,342,292−4.8%
Pioneer Memorial, Prineville35$13,870,727$15,013,152−8.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 380013.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read September 8, 2005.