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Short-term acute care hospital · Union, South Carolina · 50 beds · CMS certification number 420039

Wallace Thomson Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 2, 2015, reopened, stamped by CMS October 16, 2019. Twenty years on file, every one shown below.

Fiscal 2015 at a glance

Net patient revenue
$21.6M
$21,595,465 · G-3 line 3
Operating expenses
$24.9M
$24,872,763 · G-3 line 4
Result from patient care
−$3.3M
−$3,277,298 · G-3 line 5
Margin on patient care
−15.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $23.1M in its first year on file (1996) to $21.6M in 2015.
  • Its result from patient care: −$7.4M (2013), −$3.7M (2014), −$3.3M (2015).
  • 3 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
settled
$23.1M
$22.3M
1997
settled
$23.8M
$23.2M
1998
settled
$25.2M
$25.9M
1999
reopened
$26.3M
$26.6M
2000
settled
$26.8M
$27.4M
2001
settled
$25.5M
$26.9M
2002
settled
$28.6M
$28.9M
2003
settled with audit
$26.4M
$30.1M
2004
reopened
$31.4M
$31.9M
2005
reopened
$31.1M
$32.7M
2006
reopened
$25.0M
$32.8M
2007
reopened
$29.6M
$31.4M
2008
reopened
$39.3M
$39.3M
2009
reopened
$35.6M
$32.4M
2010
settled
$36.1M
$31.0M
2011
reopened
$33.6M
$31.8M
2012
settled
$38.6M
$37.2M
2013
settled
$28.7M
$36.1M
2014
settled
$26.9M
$30.6M
2015
reopened
$21.6M
$24.9M

Beside its peers

Short-term acute care hospitals in South Carolina with 50 to 99 beds, each on fiscal year 2015.

HospitalBedsNet patient revenueOperating expensesMargin
Wallace Thomson Hospital50$21,595,465$24,872,763−15.2%
Chesterfield General, Cheraw59$35,370,145$37,910,291−7.2%
Clarendon Memorial Hospital, Manning57$48,051,716$63,386,889−31.9%
Prisma Health Greer Memorial Hospital, Greer57$97,209,864$84,565,28913.0%
McLeod Health Cheraw, Cheraw59$5,600,723$9,215,367−64.5%
McLeod Medical Center-Dillon, Dillon60$47,106,843$41,708,31011.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2015.ZIP, form CMS-2552-10, filed under CMS certification number 420039.

How this page was built: the CMS Medicare cost report, file HOSP10FY2015.ZIP, read October 16, 2019.