Short-term acute care hospital · Webster, South Dakota · 32 beds · CMS certification number 430038
Lake Area Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 1999, settled, stamped by CMS March 19, 2001. Four years on file, every one shown below.
Fiscal 1999 at a glance
What stands out
- Net patient revenue fell from $2.6M in its first year on file (1996) to $2.2M in 1999.
- Its result from patient care: −$501K (1997), −$131K (1998), −$246K (1999).
- All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 1999.
Every statement is drawn from figures on this page; nothing is estimated.
Four years of filings
Net patient revenue against operating expenses, each year as filed.
reopened
settled
settled
settled
Beside its peers
Short-term acute care hospitals in South Dakota with 25 to 49 beds, each on fiscal year 1999.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Lake Area Hospital | 32 | $2,244,622 | $2,490,211 | −10.9% |
| Coteau Des Praries, Sisseton | 37 | $2,534,395 | $2,834,894 | −11.9% |
| Gregory Community Hospital, Gregory | 33 | $6,047,226 | $6,186,461 | −2.3% |
| Hand County Memorial Hospital, Miller | 30 | $2,566,752 | $2,711,969 | −5.7% |
| Redfield Community Memorial Hospital, Redfield | 37 | $4,184,394 | $4,822,596 | −15.3% |
| Sturgis Communtiy Health Care Center, Sturgis | 30 | $10,673,315 | $11,167,029 | −4.6% |
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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 430038.
How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read March 19, 2001.