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Short-term acute care hospital · Stanley, Wisconsin · 41 beds · CMS certification number 520007

Victory Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 6, 2001, settled, stamped by CMS September 19, 2006. Six years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$4.0M
$4,047,727 · G-3 line 3
Operating expenses
$4.5M
$4,540,620 · G-3 line 4
Result from patient care
−$493K
−$492,893 · G-3 line 5
Margin on patient care
−12.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.1M in its first year on file (1996) to $4.0M in 2001.
  • Its result from patient care: −$612K (1999), −$317K (2000), −$493K (2001).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2001.

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
1996
settled
$9.1M
$9.2M
1997
settled
$8.8M
$9.7M
1998
settled with audit
$9.8M
$10.4M
1999
settled
$9.0M
$9.6M
2000
settled
$9.7M
$10.1M
2001
settled
$4.0M
$4.5M

Beside its peers

Short-term acute care hospitals in Wisconsin with 25 to 49 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Victory Medical Center41$4,047,727$4,540,620−12.2%
Flambeau Hospital, Park Falls42$11,863,258$11,778,7850.7%
Hayward Area Memorial Hospital, Hayward41$13,052,230$12,681,5152.8%
Ladd Memorial Hospital, Osceola42$11,508,594$11,267,0502.1%
Memorial Hospital of Iowa County in, Dodgeville40$19,294,876$19,234,4260.3%
Prairie Du Chien Memorial Hospital, Prairie Du Chien42$15,045,157$14,635,8032.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 520007.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read September 19, 2006.