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Short-term acute care hospital · Winsboro, South Carolina · 50 beds · CMS certification number 420014

Fairfield Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2004, settled, stamped by CMS March 30, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$9.1M
$9,130,615 · G-3 line 3
Operating expenses
$11.8M
$11,757,014 · G-3 line 4
Result from patient care
−$2.6M
−$2,626,399 · G-3 line 5
Margin on patient care
−28.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.6M in its first year on file (1996) to $9.1M in 2004.
  • Its result from patient care: −$3.6M (2002), −$4.1M (2003), −$2.6M (2004).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2004.

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
1996
settled
$7.6M
$8.3M
1997
settled
$7.5M
$8.7M
1998
settled
$8.2M
$9.2M
1999
settled
$7.2M
$10.2M
2000
reopened
$9.1M
$11.2M
2001
settled
$9.4M
$11.8M
2002
settled
$9.2M
$12.7M
2003
settled
$9.7M
$13.8M
2004
settled
$9.1M
$11.8M

Beside its peers

Short-term acute care hospitals in South Carolina with 50 to 99 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Fairfield Memorial Hospital50$9,130,615$11,757,014−28.8%
Prisma Health Greer Memorial Hospital, Greer58$40,368,612$38,227,3275.3%
Bamberg County Memorial Hospital, Bamberg59$22,913,718$22,619,3201.3%
Anmed Cannon, Pickens55$19,880,033$19,735,9310.7%
Chesterfield General, Cheraw59$28,736,418$28,274,6121.6%
Tidelands Waccamaw Community Hospital, Murrells Inlet54$50,552,446$49,731,3741.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 420014.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read March 30, 2006.