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Short-term acute care hospital · Rockdale, Texas · 26 beds · CMS certification number 450648

Richards Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2004, settled, stamped by CMS February 16, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$5.5M
$5,453,151 · G-3 line 3
Operating expenses
$6.4M
$6,448,881 · G-3 line 4
Result from patient care
−$996K
−$995,730 · G-3 line 5
Margin on patient care
−18.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.4M in its first year on file (1996) to $5.5M in 2004.
  • Its result from patient care: $989K (2002), −$535K (2003), −$996K (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
reopened
$3.4M
$4.1M
1997
reopened
$3.9M
$4.4M
1998
as submitted
$4.1M
$4.6M
1999
settled
$4.0M
$5.1M
2000
reopened
$4.3M
$5.1M
2001
reopened
$3.5M
$4.4M
2002
reopened
$5.8M
$4.8M
2003
reopened
$4.8M
$5.4M
2004
settled
$5.5M
$6.4M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Richards Memorial Hospital26$5,453,151$6,448,881−18.3%
Coleman County Medical Center, Coleman26$2,690,026$2,905,956−8.0%
McCulloch County Hospital District, Brady27$6,352,813$7,699,232−21.2%
Pecos County Memorial Hospital, Fort Stockton27$10,217,254$14,457,326−41.5%
San Antonio Specialty Medical Center, San Antonio26$610,614$1,363,143−123.2%
Seton Edgar B. Davis, Luling27$15,637,193$16,090,956−2.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 450648.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read February 16, 2006.