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Short-term acute care hospital · Coudersport, Pennsylvania · 49 beds · CMS certification number 390246

Charles Cole Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2007, settled, stamped by CMS February 9, 2009. Eleven years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$55.2M
$55,197,249 · G-3 line 3
Operating expenses
$60.4M
$60,436,214 · G-3 line 4
Result from patient care
−$5.2M
−$5,238,965 · G-3 line 5
Margin on patient care
−9.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $28.1M in its first year on file (1997) to $55.2M in 2007.
  • Its result from patient care: −$2.2M (2005), −$5.1M (2006), −$5.2M (2007).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports 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
reopened
$28.1M
$28.4M
1998
settled
$32.7M
$33.3M
1999
reopened
$32.6M
$35.9M
2000
reopened
$34.1M
$38.3M
2001
reopened
$36.5M
$42.0M
2002
reopened
$42.3M
$47.7M
2003
settled
$44.7M
$51.7M
2004
settled
$47.1M
$49.7M
2005
reopened
$51.4M
$53.6M
2006
reopened
$50.8M
$55.9M
2007
settled
$55.2M
$60.4M

Beside its peers

Short-term acute care hospitals in Pennsylvania with 25 to 49 beds, each on fiscal year 2007.

HospitalBedsNet patient revenueOperating expensesMargin
Charles Cole Memorial Hospital49$55,197,249$60,436,214−9.5%
Jennersville Regional Hospital, West Grove48$44,470,987$45,014,010−1.2%
St. Luke's Miners Memorial Hospital, Coaldale45$41,638,466$40,898,9361.8%
Punxsutawney Area Hospital, Punxsutawney44$27,038,308$26,985,3230.2%
Shamokin Area Community Hospital, Coal Township43$33,327,633$31,857,2594.4%
UPMC Bedford Memorial, Everett49$34,441,283$31,527,6938.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 390246.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read February 9, 2009.