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Short-term acute care hospital · Corry, Pennsylvania · 40 beds · CMS certification number 390005

Corry Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2005, reopened, stamped by CMS September 19, 2006. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$11.9M
$11,911,450 · G-3 line 3
Operating expenses
$12.4M
$12,409,310 · G-3 line 4
Result from patient care
−$498K
−$497,860 · G-3 line 5
Margin on patient care
−4.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $12.4M in its first year on file (1997) to $11.9M in 2005.
  • Its result from patient care: −$777K (2003), −$1.1M (2004), −$498K (2005).
  • 2 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 2005.

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
1997
settled
$12.4M
$12.6M
1998
settled
$13.1M
$13.2M
1999
reopened
$13.7M
$14.7M
2000
reopened
$14.6M
$16.1M
2001
reopened
$15.3M
$15.6M
2002
settled
$18.0M
$17.6M
2003
settled
$18.2M
$19.0M
2004
reopened
$18.2M
$19.3M
2005
reopened
$11.9M
$12.4M

Beside its peers

Short-term acute care hospitals in Pennsylvania with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Corry Memorial Hospital40$11,911,450$12,409,310−4.2%
Penn Highlands Connellsville, Connellsville40$22,805,486$23,954,949−5.0%
Memorial Hospital Inc. of Towanda, Towanda43$34,996,657$32,170,0518.1%
Conemaugh Nason Medical Center, Roaring Spring42$22,599,247$22,239,3461.6%
St. Lukes Hospital-Upper Bucks Campus, Quakertown38$35,347,369$35,686,136−1.0%
Shamokin Area Community Hospital, Coal Township43$29,285,817$27,647,8825.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 390005.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read September 19, 2006.