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Short-term acute care hospital · Lockney, Texas · 27 beds · CMS certification number 450632

W.J. Mangold Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 4, 2003, reopened, stamped by CMS January 20, 2006. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$1.4M
$1,415,852 · G-3 line 3
Operating expenses
$1.6M
$1,597,144 · G-3 line 4
Result from patient care
−$181K
−$181,292 · G-3 line 5
Margin on patient care
−12.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.8M in its first year on file (1996) to $1.4M in 2003.
  • Its result from patient care: −$819K (2001), −$889K (2002), −$181K (2003).
  • 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 2003.

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

Eight years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.8M
$3.2M
1997
reopened
$2.6M
$3.3M
1998
settled
$2.7M
$3.5M
1999
settled
$2.7M
$3.7M
2000
reopened
$2.5M
$3.8M
2001
reopened
$2.9M
$3.7M
2002
reopened
$3.1M
$4.0M
2003
reopened
$1.4M
$1.6M

Beside its peers

Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
W.J. Mangold Memorial Hospital27$1,415,852$1,597,144−12.8%
Highland Lakes Medical Center, Austin28$14,360,067$14,412,749−0.4%
McCulloch County Hospital District, Brady27$4,953,759$6,479,521−30.8%
Methodist Ambulatory Surg Hosp, San Antonio27$21,904,864$18,681,81514.7%
Mitchell County Hospital, Colorado City28$5,506,418$8,070,714−46.6%
Yoakum Community Hospital, Yoakum28$8,301,254$10,082,368−21.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 450632.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read January 20, 2006.