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Short-term acute care hospital · Luray, Virginia · 36 beds · CMS certification number 490047

Page Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2005, settled, stamped by CMS March 9, 2007. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$17.1M
$17,066,034 · G-3 line 3
Operating expenses
$17.1M
$17,129,631 · G-3 line 4
Result from patient care
−$64K
−$63,597 · G-3 line 5
Margin on patient care
−0.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.4M in its first year on file (1996) to $17.1M in 2005.
  • Its result from patient care: $185K (2003), $112K (2004), −$64K (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
$10.4M
$9.3M
1997
settled
$12.3M
$11.0M
1998
settled
$12.5M
$11.7M
1999
reopened
$13.4M
$13.1M
2000
settled
$14.4M
$14.3M
2001
settled
$14.3M
$15.3M
2002
settled
$15.5M
$14.9M
2003
settled
$15.5M
$15.4M
2004
settled
$15.7M
$15.6M
2005
settled
$17.1M
$17.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Page Memorial Hospital36$17,066,034$17,129,631−0.4%
Bedford Memorial Hospital, Bedford50$27,231,640$26,549,6952.5%
Carilion Franklin Memorial Hospital, Rocky Mount37$27,347,957$26,152,8114.4%
Central Virginia Training Center, Lynchburg24$71,344,848$75,399,111−5.7%
Eastern State Hospital, Williamsburg25$23,011,551$64,990,788−182.4%
N/A, Front Royal46$45,314,958$44,677,5791.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 490047.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read March 9, 2007.