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Short-term acute care hospital · Springfield, Vermont · 43 beds · CMS certification number 470018

Springfield Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2005, reopened, stamped by CMS May 21, 2008. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$48.0M
$48,004,303 · G-3 line 3
Operating expenses
$50.9M
$50,856,655 · G-3 line 4
Result from patient care
−$2.9M
−$2,852,352 · G-3 line 5
Margin on patient care
−5.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $22.3M in its first year on file (1996) to $48.0M in 2005.
  • Its result from patient care: −$183K (2003), $318K (2004), −$2.9M (2005).
  • 2 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.

Ten years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$22.3M
$21.9M
1997
reopened
$22.1M
$21.9M
1998
reopened
$22.4M
$24.9M
1999
settled with audit
$29.7M
$31.9M
2000
settled with audit
$30.5M
$30.7M
2001
reopened
$32.8M
$33.3M
2002
settled
$33.5M
$35.2M
2003
reopened
$35.6M
$35.8M
2004
settled with audit
$37.9M
$37.6M
2005
reopened
$48.0M
$50.9M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Vermont first; each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Springfield Hospital43$48,004,303$50,856,655−5.9%
Brattleboro Memorial Hospital, Brattleboro47$38,906,724$38,578,0090.8%
Central Vermont Medical Center, Barre64$68,370,123$69,207,839−1.2%
Copley Hospital, Morrisville42$23,842,364$23,241,1952.5%
Northwestern Medical Center, Saint Albans69$44,513,423$43,568,6902.1%
Porter Hospital, Middlebury45$37,978,435$39,016,235−2.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 470018.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read May 21, 2008.