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Short-term acute care hospital · Oak Hill, West Virginia · 38 beds · CMS certification number 510088

Plateau Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2004, settled, stamped by CMS September 25, 2006. Seven years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$8.7M
$8,725,765 · G-3 line 3
Operating expenses
$11.2M
$11,173,143 · G-3 line 4
Result from patient care
−$2.4M
−$2,447,378 · G-3 line 5
Margin on patient care
−28.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $16.0M in its first year on file (1998) to $8.7M in 2004.
  • Its result from patient care: −$255K (2002), −$1.7M (2003), −$2.4M (2004).
  • 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 2004.

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
1998
settled with audit
$16.0M
$16.7M
1999
settled
$14.1M
$18.4M
2000
settled
$13.8M
$17.9M
2001
settled
$13.8M
$17.5M
2002
settled
$8.8M
$9.1M
2003
reopened
$15.9M
$17.7M
2004
settled
$8.7M
$11.2M

Beside its peers

Short-term acute care hospitals in West Virginia with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Plateau Medical Center38$8,725,765$11,173,143−28.1%
Eye and Ear Clinic, Charleston35$3,347,471$3,769,977−12.6%
Pocahontas Memorial Hospital, Buckeye27$5,403,807$5,795,711−7.2%
Summersville Memorial Hospital, Summersville49$28,984,255$28,388,6282.1%
Welch Community Hospital, Welch49$18,127,425$21,302,429−17.5%
Wetzel County Hospital, New Martinsville44$23,837,358$23,802,6310.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 510088.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read September 25, 2006.