Velarion Records

Short-term acute care hospital · Ladysmith, Wisconsin · 35 beds · CMS certification number 520039

Rusk County Memorial Hospital & NH

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2003, settled, stamped by CMS June 14, 2006. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$2.5M
$2,479,883 · G-3 line 3
Operating expenses
$2.9M
$2,886,831 · G-3 line 4
Result from patient care
−$407K
−$406,948 · G-3 line 5
Margin on patient care
−16.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $10.0M in its first year on file (1996) to $2.5M in 2003.
  • Its result from patient care: −$137K (2001), −$921K (2002), −$407K (2003).
  • 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 2003.

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

Eight years of filings

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

Net patient revenueOperating expenses
1996
reopened
$10.0M
$10.3M
1997
settled
$10.6M
$11.1M
1998
settled
$11.4M
$11.6M
1999
reopened
$12.2M
$12.2M
2000
settled
$13.4M
$13.5M
2001
settled
$14.2M
$14.4M
2002
settled
$14.9M
$15.8M
2003
settled
$2.5M
$2.9M

Beside its peers

Short-term acute care hospitals in Wisconsin with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Rusk County Memorial Hospital & NH35$2,479,883$2,886,831−16.4%
Memorial Hospital of Boscobel, Boscobel36$13,010,040$13,102,268−0.7%
Riverside Medical Center, Waupaca35$22,053,611$21,513,3092.5%
Sauk Prairie Healthcare, Prairie Du Sac36$33,774,635$34,375,874−1.8%
Valley View, Plymouth35$25,582,780$11,493,06755.1%
Waupun Memorial Hospital, Waupun37$9,109,687$9,626,552−5.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 520039.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read June 14, 2006.