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Critical access hospital · Stuart, Virginia · 25 beds · CMS certification number 491301

RJ Reynolds-Patrick Co Mem Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 10, 2005, settled, stamped by CMS September 9, 2005. Five years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$2.2M
$2,189,776 · G-3 line 3
Operating expenses
$3.1M
$3,114,437 · G-3 line 4
Result from patient care
−$925K
−$924,661 · G-3 line 5
Margin on patient care
−42.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.7M in its first year on file (2001) to $2.2M in 2005.
  • Its result from patient care: −$858K (2003), −$334K (2004), −$925K (2005).
  • 3 of the 5 critical access 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.

Five years of filings

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

Net patient revenueOperating expenses
2001
settled
$4.7M
$5.9M
2002
settled
$8.6M
$9.6M
2003
settled
$8.6M
$9.5M
2004
settled
$8.2M
$8.6M
2005
settled
$2.2M
$3.1M

Beside its peers

Critical access hospitals in Virginia with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
RJ Reynolds-Patrick Co Mem Hospital25$2,189,776$3,114,437−42.2%
Bath Community Hospital, Hot Springs25$7,990,013$10,475,493−31.1%
Carilion Clinic, Pearisburg25$17,726,091$17,172,6233.1%
Dickenson Community Hospital, Clintwood25$8,647,273$9,577,094−10.8%
Shenandoah Memorial Hospital, Woodstock25$34,585,472$32,228,5676.8%
Carilion Rockbridge Community Hospital, Lexington25$19,493,793$21,596,863−10.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 491301.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read September 9, 2005.