Velarion Records

Short-term acute care hospital · Colorado City, Texas · 28 beds · CMS certification number 450727

Mitchell County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2003, reopened, stamped by CMS January 20, 2006. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$5.5M
$5,506,418 · G-3 line 3
Operating expenses
$8.1M
$8,070,714 · G-3 line 4
Result from patient care
−$2.6M
−$2,564,296 · G-3 line 5
Margin on patient care
−46.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $6.1M in its first year on file (1996) to $5.5M in 2003.
  • Its result from patient care: −$3.5M (2001), −$3.4M (2002), −$2.6M (2003).
  • All 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
$6.1M
$8.4M
1997
settled
$6.4M
$7.8M
1998
as submitted
$7.2M
$8.4M
1999
as submitted
$5.7M
$8.3M
2000
reopened
$5.6M
$8.5M
2001
reopened
$5.4M
$8.9M
2002
reopened
$5.1M
$8.5M
2003
reopened
$5.5M
$8.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Mitchell County Hospital28$5,506,418$8,070,714−46.6%
Highland Lakes Medical Center, Austin28$14,360,067$14,412,749−0.4%
Liberty-Dayton Community Hospital, Liberty29$6,141,430$7,909,936−28.8%
Otto Kaiser Memorial Hospital, Kenedy29$4,035,300$5,582,313−38.3%
Sempercare Hospital of Midland, Midland29$1,617,685$2,806,884−73.5%
Yoakum Community Hospital, Yoakum28$8,301,254$10,082,368−21.5%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Texas

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 450727.

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