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Short-term acute care hospital · Norfolk, Virginia · 135 beds · CMS certification number 490030

Norfolk Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 9, 1998, settled, stamped by CMS September 7, 1999. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$3.2M
$3,241,945 · G-3 line 3
Operating expenses
$6.8M
$6,849,869 · G-3 line 4
Result from patient care
−$3.6M
−$3,607,924 · G-3 line 5
Margin on patient care
−111.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $24.8M in its first year on file (1996) to $3.2M in 1998.
  • Its result from patient care: $9.5M (1996), −$5.9M (1997), −$3.6M (1998).
  • 3 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 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
settled
$24.8M
$15.3M
1997
settled
$7.5M
$13.4M
1998
settled
$3.2M
$6.8M

Beside its peers

Short-term acute care hospitals in Virginia with 100 to 199 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Norfolk Community Hospital135$3,241,945$6,849,869−111.3%
Inova Fair Oaks Hospital, Fairfax133$81,990,948$75,627,0507.8%
Inova Mt. Vernon Hospital, Alexandria140$81,028,884$81,471,665−0.5%
Norton Community Hospital, Norton143$28,610,009$24,351,72814.9%
Lewisgale Hospital Pulaski, Pulaski131$27,546,845$28,332,002−2.9%
Sentara Williamsburg Regional Medical Center, Williamsburg139$65,181,905$66,227,932−1.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 490030.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read September 7, 1999.