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Short-term acute care hospital · Desmet, South Dakota · 17 beds · CMS certification number 430024

Desmet Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2003, settled, stamped by CMS August 24, 2004. Seven years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$1.6M
$1,608,860 · G-3 line 3
Operating expenses
$1.6M
$1,634,322 · G-3 line 4
Result from patient care
−$25K
−$25,462 · G-3 line 5
Margin on patient care
−1.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $965K in its first year on file (1997) to $1.6M in 2003.
  • Its result from patient care: −$179K (2001), −$15K (2002), −$25K (2003).
  • 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 2003.

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

Seven years of filings

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

Net patient revenueOperating expenses
1997
settled
$965K
$870K
1998
reopened
$1.3M
$1.2M
1999
reopened
$1.5M
$1.4M
2000
settled
$1.4M
$1.4M
2001
settled
$1.1M
$1.3M
2002
settled
$1.5M
$1.5M
2003
settled
$1.6M
$1.6M

Beside its peers

Short-term acute care hospitals in South Dakota with under 25 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Desmet Memorial Hospital17$1,608,860$1,634,322−1.6%
Black Hills Surgical Hospital, Rapid City23$41,592,252$24,881,59140.2%
Dakota Plains Surgical Center, Aberdeen8$8,265,215$5,449,56034.1%
Dells Area Health Ctr/Avera Healt, Dell Rapids18$4,597,114$5,064,387−10.2%
Sioux Falls Specialty Hospital, Sioux Falls13$35,228,468$20,843,27040.8%
Dunes Surgical Hospital, Dakota Dunes10$14,728,580$9,068,99738.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 430024.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read August 24, 2004.