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Short-term acute care hospital · Romney, West Virginia · 17 beds · CMS certification number 510036

Hampshire Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2002, settled, stamped by CMS August 27, 2004. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$7.8M
$7,849,906 · G-3 line 3
Operating expenses
$7.9M
$7,917,355 · G-3 line 4
Result from patient care
−$67K
−$67,449 · G-3 line 5
Margin on patient care
−0.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.9M in its first year on file (1997) to $7.8M in 2002.
  • Its result from patient care: −$75K (2000), −$105K (2001), −$67K (2002).
  • 4 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.

Six years of filings

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

Net patient revenueOperating expenses
1997
reopened
$5.9M
$6.2M
1998
reopened
$6.1M
$6.5M
1999
settled
$6.2M
$6.2M
2000
settled
$6.7M
$6.8M
2001
settled
$7.2M
$7.3M
2002
settled
$7.8M
$7.9M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from West Virginia first; each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Hampshire Memorial Hospital17$7,849,906$7,917,355−0.9%
Boone Memorial Hospital, Madison20$10,956,382$10,993,516−0.3%
Eye and Ear Clinic, Charleston35$3,440,550$3,992,567−16.0%
Plateau Medical Center, Oak Hill40$8,824,831$9,080,315−2.9%
Pocahontas Memorial Hospital, Buckeye27$5,462,662$5,437,2390.5%
Select Specialty Hospital - Charlest, Charleston32$2,872,934$4,040,612−40.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 510036.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read August 27, 2004.