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Short-term acute care hospital · Petersburg, West Virginia · 51 beds · CMS certification number 510026

Grant Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2009, reopened, stamped by CMS July 19, 2024. Thirteen years on file, every one shown below.

Fiscal 2009 at a glance

Net patient revenue
$22.7M
$22,688,811 · G-3 line 3
Operating expenses
$26.2M
$26,212,372 · G-3 line 4
Result from patient care
−$3.5M
−$3,523,561 · G-3 line 5
Margin on patient care
−15.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.1M in its first year on file (1997) to $22.7M in 2009.
  • Its result from patient care: −$2.3M (2007), −$2.7M (2008), −$3.5M (2009).
  • 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 2009.

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

Thirteen years of filings

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

Net patient revenueOperating expenses
1997
reopened
$16.1M
$16.2M
1998
reopened
$17.8M
$19.1M
1999
settled
$17.8M
$20.1M
2000
settled
$20.0M
$21.6M
2001
settled
$21.2M
$21.7M
2002
settled
$22.1M
$23.0M
2003
reopened
$22.4M
$22.8M
2004
settled
$23.3M
$24.2M
2005
settled
$23.9M
$25.2M
2006
settled
$25.7M
$26.4M
2007
reopened
$24.9M
$27.2M
2008
reopened
$25.2M
$27.9M
2009
reopened
$22.7M
$26.2M

Beside its peers

Short-term acute care hospitals in West Virginia with 50 to 99 beds, each on fiscal year 2009.

HospitalBedsNet patient revenueOperating expensesMargin
Grant Memorial Hospital51$22,688,811$26,212,372−15.5%
Vandalia Health Davis Medical Center, Elkins90$80,783,656$79,241,6931.9%
Rivers Health, Point Pleasant94$66,093,287$67,444,194−2.0%
St. Joseph S Hospital, Buckhannon53$29,732,288$35,488,908−19.4%
Stonewall Jackson Memorial Hospital Company, Weston70$39,492,552$35,599,1599.9%
Williamson Memorial Hospital, Williamson76$32,727,916$31,675,7913.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2008.ZIP, form CMS-2552-96, filed under CMS certification number 510026.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read July 19, 2024.