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Short-term acute care hospital · Pearisburg, Virginia · 32 beds · CMS certification number 490085

Carilion Giles Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2002, settled, stamped by CMS April 18, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$12.3M
$12,304,941 · G-3 line 3
Operating expenses
$16.0M
$15,982,606 · G-3 line 4
Result from patient care
−$3.7M
−$3,677,665 · G-3 line 5
Margin on patient care
−29.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $12.7M in its first year on file (1996) to $12.3M in 2002.
  • Its result from patient care: −$518K (2000), −$647K (2001), −$3.7M (2002).
  • 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$12.7M
$12.3M
1997
settled
$13.1M
$12.6M
1998
settled with audit
$13.8M
$13.6M
1999
settled
$12.0M
$14.6M
2000
settled
$14.1M
$14.7M
2001
reopened
$15.0M
$15.6M
2002
settled
$12.3M
$16.0M

Beside its peers

Short-term acute care hospitals in Virginia with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Carilion Giles Memorial Hospital32$12,304,941$15,982,606−29.9%
Carilion Franklin Memorial Hospital, Rocky Mount37$21,392,234$20,147,8035.8%
Dickenson County Medical Center, Clintwood44$8,428,801$17,329,823−105.6%
Eastern State Hospital, Williamsburg25$29,142,620$67,085,262−130.2%
Page Memorial Hospital, Luray36$15,549,663$14,890,3724.2%
Stonewall Jackson Hospital, Lexington45$20,747,240$23,244,182−12.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 490085.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read April 18, 2005.