HCRIS
Cost Report · CCN 061327 · FY 2024

SOUTHWEST MEMORIAL HOSPITAL

CORTEZ, CO 81321-2299 · Fiscal year ending 2024-12-31

Critical Access Hospitals1120 beds⚠ Distress flagged340B · CAHSystem: southwest
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$80.2M
TOTAL REVENUES
$5.4M
NET INCOME
6.7%
OPERATING MARGIN
781
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$80.2M
Total costs
$79.2M
Net income
$5.4M
Operating margin
6.7%
Total charges
$88.2M
Medicare charges
Medicaid charges
Charity care charges
$4.1M
Uncompensated care
$3.1M
Bad debt
$936K
Total assets
$62.3M
Total liabilities
$38.6M
Fund balance
$23.7M
02 — UTILIZATION

Utilization

Total beds
20
Bed days available
7,320
Total inpatient days
3,957
Medicare inpatient days
1,409
Medicaid inpatient days
863
Total outpatient visits
Total discharges
781
Total FTEs
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2024-12-31781$80.2M$5.4M6.7%
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03b — TREND CHART

Revenue, costs, and net income by fiscal year

Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr
DISTRESS RADAR

Risk signals detected

Auto-flagged from 3-year trend on margin, volume, and bad debt

This hospital tripped 1 distress signal. Upgrade to see which signals fired and the underlying numbers.See Solo · $499/yr
04 — PEER BENCHMARK

Peer cohort — CO Critical Access Hospitals

32 hospitals filing FY2024

Median operating margin
5.2%
25th percentile margin
2.4%
75th percentile margin
13.7%
Median discharges
192
Median net income
$2.2M
Median bed count
20
05 — QUALITY (CMS CARE COMPARE)

CMS Care Compare quality measures

Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.

Overall rating
4 / 5
Emergency services
Yes
Mortality vs national avg
Same as the national average
Safety vs national avg
Same as the national average
Readmissions vs national avg
Above the national average
Patient experience vs national avg
Timely & effective vs national avg
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2018)

ZIPCasesBed days
81321255908
81321241954
81321231911
81321217886
81321214999
81321197811
8132395382
8132386285
8132377361
8132370266
08 — 340B DRUG PRICING

340B Covered Entity

HRSA Office of Pharmacy Affairs — this hospital participates in the 340B Drug Pricing Program

Entity type
CAH
Covered entity ID
CAH061327-00
Entity name
Southwest Memorial Hospital
Match method
NPI match

340B hospitals purchase outpatient drugs at discounted prices from manufacturers. Entity types: DSH = Disproportionate Share Hospital, CAH = Critical Access, FQHC = Federally Qualified Health Center, PED = Pediatric, SCH = Sole Community Hospital.

CROSS-REFERENCE

Related data on other Scriptlane brands

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Price transparency data
Published negotiated rates, payer mix, and compliance grade from this hospital's machine-readable file.
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