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Short-term acute care hospital · Philadelphia, Pennsylvania · 104 beds · CMS certification number 390277

Mt. Sinai Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 20, 1997, settled, stamped by CMS September 24, 1998. Two years on file, every one shown below.

Fiscal 1997 at a glance

Net patient revenue
$6.5M
$6,461,011 · G-3 line 3
Operating expenses
$14.8M
$14,779,015 · G-3 line 4
Result from patient care
−$8.3M
−$8,318,004 · G-3 line 5
Margin on patient care
−128.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $8.8M in its first year on file (1996) to $6.5M in 1997.
  • Its result from patient care: −$2.0M (1996), −$8.3M (1997).
  • 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 1997.

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

Two years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$8.8M
$10.8M
1997
settled
$6.5M
$14.8M

Beside its peers

Short-term acute care hospitals in Pennsylvania with 100 to 199 beds, each on fiscal year 1997.

HospitalBedsNet patient revenueOperating expensesMargin
Mt. Sinai Hospital104$6,461,011$14,779,015−128.7%
Ellwood City Hospital, Ellwood City105$21,713,164$21,700,9270.1%
Wellspan Ephrata Community Hospital, Ephrata103$43,855,179$41,575,5075.2%
Mercy Haverford Hospital, Havertown103$26,466,000$26,917,796−1.7%
Neumann Medical Center, Philadelphia105$26,183,674$25,744,3111.7%
Warren General Hospital, Warren105$28,874,920$29,562,542−2.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 390277.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read September 24, 1998.