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Short-term acute care hospital · Barnwell, South Carolina · 10 beds · CMS certification number 420016

Southern Palmetto Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2015, as submitted, stamped by CMS June 17, 2016. Twenty years on file, every one shown below.

Fiscal 2015 at a glance

Net patient revenue
$7.2M
$7,181,260 · G-3 line 3
Operating expenses
$11.0M
$10,994,170 · G-3 line 4
Result from patient care
−$3.8M
−$3,812,910 · G-3 line 5
Margin on patient care
−53.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.1M in its first year on file (1996) to $7.2M in 2015.
  • Its result from patient care: −$343K (2013), $2.1M (2014), −$3.8M (2015).
  • 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 2015.

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

Twenty years of filings

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

Net patient revenueOperating expenses
1996
as submitted
$7.1M
$8.6M
1997
reopened
$6.5M
$7.1M
1998
settled
$6.5M
$7.3M
1999
settled
$5.1M
$8.2M
2000
reopened
$7.6M
$9.4M
2001
reopened
$8.8M
$10.1M
2002
settled
$11.1M
$10.3M
2003
settled
$11.3M
$12.3M
2004
settled
$12.3M
$13.3M
2005
reopened
$16.6M
$14.4M
2006
reopened
$11.3M
$13.4M
2007
reopened
$12.3M
$13.5M
2008
reopened
$13.9M
$15.4M
2009
reopened
$14.4M
$15.8M
2010
reopened
$15.2M
$16.4M
2011
reopened
$12.3M
$15.9M
2012
reopened
$13.1M
$14.5M
2013
reopened
$7.2M
$7.5M
2014
settled
$7.2M
$5.1M
2015
as submitted
$7.2M
$11.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from South Carolina first; each on fiscal year 2015.

HospitalBedsNet patient revenueOperating expensesMargin
Southern Palmetto Hospital10$7,181,260$10,994,170−53.1%
MUSC Health Chester Medical Center, Chester36$33,788,551$33,991,731−0.6%
Novant Health Coastal Carolina Medical Center, Hardeeville41$49,636,648$44,686,04810.0%
Prisma Health Patewood Hospital, Greenville36$123,602,712$95,785,93122.5%
Hampton Regional Medical Center, Varnville32$19,929,485$19,296,8543.2%
Lake City Community Hospital, Lake City26$17,947,359$18,717,415−4.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2015.ZIP, form CMS-2552-10, filed under CMS certification number 420016.

How this page was built: the CMS Medicare cost report, file HOSP10FY2015.ZIP, read June 17, 2016.