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Short-term acute care hospital · Port Lavaca, Texas · 25 beds · CMS certification number 450014

Memorial Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2004, settled, stamped by CMS December 5, 2005. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$10.2M
$10,182,890 · G-3 line 3
Operating expenses
$10.5M
$10,459,094 · G-3 line 4
Result from patient care
−$276K
−$276,204 · G-3 line 5
Margin on patient care
−2.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $14.1M in its first year on file (1996) to $10.2M in 2004.
  • Its result from patient care: −$2.8M (2002), −$1.8M (2003), −$276K (2004).
  • All 5 short-term acute care hospital peers below with a margin on file also report 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
$14.1M
$14.5M
1997
settled
$13.7M
$14.5M
1998
settled with audit
$15.8M
$15.5M
1999
settled with audit
$15.7M
$16.6M
2000
settled
$15.6M
$18.4M
2001
settled
$15.0M
$18.9M
2002
settled
$16.1M
$19.0M
2003
settled
$17.8M
$19.6M
2004
settled
$10.2M
$10.5M

Beside its peers

Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Memorial Medical Center25$10,182,890$10,459,094−2.7%
Coleman County Medical Center, Coleman26$2,690,026$2,905,956−8.0%
Crane Memorial Hospital, Crane25$794,870$1,367,328−72.0%
Hamlin Memorial Hospital, Hamlin25$1,861,159$2,702,464−45.2%
Richards Memorial Hospital, Rockdale26$5,453,151$6,448,881−18.3%
San Antonio Specialty Medical Center, San Antonio26$610,614$1,363,143−123.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 450014.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read December 5, 2005.