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Short-term acute care hospital · Palacios, Texas · 17 beds · CMS certification number 450246

Palacios Community Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2002, settled, stamped by CMS November 16, 2004. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$451K
$450,914 · G-3 line 3
Operating expenses
$949K
$948,995 · G-3 line 4
Result from patient care
−$498K
−$498,081 · G-3 line 5
Margin on patient care
−110.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $1.1M in its first year on file (1996) to $451K in 2002.
  • Its result from patient care: −$810K (2000), −$548K (2001), −$498K (2002).
  • 4 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 2002.

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
1996
reopened
$1.1M
$1.5M
1997
settled
$465K
$1.3M
1998
settled with audit
$409K
$1.3M
1999
settled
$690K
$1.3M
2000
settled with audit
$566K
$1.4M
2001
settled
$721K
$1.3M
2002
settled
$451K
$949K

Beside its peers

Short-term acute care hospitals in Texas with under 25 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Palacios Community Medical Center17$450,914$948,995−110.5%
Cochran Memorial Hospital, Morton18$1,693,556$2,979,860−75.9%
Comanche Community Hospital, Comanche19$5,491,437$5,765,389−5.0%
Community General Hospital of Dilley, Dilley18$3,448,424$3,364,8282.4%
Faith Community Hospital, Jacksboro17$2,914,631$3,782,718−29.8%
Muenster Memorial Hospital, Muenster16$3,831,009$5,854,092−52.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 450246.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read November 16, 2004.