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Short-term acute care hospital · Kingwood, West Virginia · 58 beds · CMS certification number 510005

Preston Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2002, settled, stamped by CMS September 29, 2006. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$12.9M
$12,929,172 · G-3 line 3
Operating expenses
$12.0M
$11,973,600 · G-3 line 4
Result from patient care
$956K
$955,572 · G-3 line 5
Margin on patient care
7.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.9M in its first year on file (1996) to $12.9M in 2002.
  • Its result from patient care: −$974K (2000), $1.5M (2001), $956K (2002).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain 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
$10.9M
$11.7M
1997
settled
$9.9M
$11.5M
1998
settled
$11.3M
$11.1M
1999
settled
$12.0M
$12.4M
2000
settled
$10.1M
$11.1M
2001
settled
$12.9M
$11.4M
2002
settled
$12.9M
$12.0M

Beside its peers

Short-term acute care hospitals in West Virginia with 50 to 99 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Preston Memorial Hospital58$12,929,172$11,973,6007.4%
Montgomery General, Montgomery55$21,449,199$22,011,736−2.6%
Potomac Valley Hospital of WV, Keyser63$13,300,495$13,441,067−1.1%
Putnam General Hospital, Hurricane68$33,371,246$33,758,392−1.2%
St. Joseph S Hospital, Buckhannon53$21,640,776$22,003,239−1.7%
Stonewall Jackson Memorial Hospital Company, Weston60$26,418,185$22,867,67513.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 510005.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read September 29, 2006.