Short-term acute care hospital · Midland Ia, Texas · 16 beds · CMS certification number 450850
Heartplace Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2005, settled, stamped by CMS January 11, 2007. Four years on file, every one shown below.
Fiscal 2005 at a glance
What stands out
- Net patient revenue fell from $6.7M in its first year on file (2002) to $1.3M in 2005.
- Its result from patient care: $207K (2003), −$1.5M (2004), −$3.1M (2005).
- 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 2005.
Every statement is drawn from figures on this page; nothing is estimated.
Four years of filings
Net patient revenue against operating expenses, each year as filed.
as submitted
as submitted
as submitted
settled
Beside its peers
Short-term acute care hospitals in Texas with under 25 beds, each on fiscal year 2005.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Heartplace Hospital | 16 | $1,272,261 | $4,384,598 | −244.6% |
| Ascension Seton Southwest, Austin | 17 | $19,956,887 | $18,295,350 | 8.3% |
| Faith Community Hospital, Jacksboro | 17 | $3,462,627 | $4,061,014 | −17.3% |
| Glen Rose Medical Center, Glen Rose | 16 | $9,007,719 | $11,159,726 | −23.9% |
| Stamford Memorial Hospital, Stamford | 16 | $5,829,395 | $7,087,548 | −21.6% |
| The Physicians Centre Hospital, Bryan | 16 | $15,956,576 | $16,368,982 | −2.6% |
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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 450850.
How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read January 11, 2007.