Short Term Acute Care HospitalProprietary

Galesburg Cottage Hospital

Galesburg, IL

695 North Kellogg Street, Galesburg, IL 61401(309) 343-8131

112

Beds

884

Inpatient discharges a year

$86.7M

Net patient revenue a year

In-network payers

About this hospital

Galesburg Cottage Hospital is a 112-bed proprietary hospital in Galesburg, IL. Below you'll find publicly disclosed negotiated rates and facility details, including 8 in-network payers.

CCN: 140040
NPI: 1447221312
Medicare contractor: Jurisdiction 5, WPS Government Health Administrators (05901)

Negotiated Rates

The data below comes from CMS-mandated price transparency data. Learn more.

Book a call about hospital compliance MRFs

No contract information available for this hospital.

Contract data may be available through direct hospital inquiry.

Insurance Accepted

Acceptance varies by plan and service. Confirm coverage with your insurer or the hospital's billing department.

Ameri HealthGroup Health Cooperative of South Central WisconsinKaiser PermanenteMagnaCareMedicaMedical Mutual

More about this hospital

Doctors and services
38 services
See doctors and services
Finances
$86.7M net patient revenue
- Operating margin on patient care 82.4%
- $4,585 unreimbursed and uncompensated care
- $71.8M net income
See finances

Location

695 North Kellogg Street, Galesburg, IL 61401

(309) 343-8131

Get directions

Accreditation and services

38 services at Galesburg Cottage Hospital

Emergency and trauma: Designated Trauma CenterEmergency DepartmentEmergency Psychiatric Care
Intensive care: Coronary Care UnitSurgical ICU (Medical Surgical Intensive Care Unit)
Surgery: AnesthesiaInpatient SurgicalNeurosurgicalOphthalmic SurgeryOR (Operating Room)Orthopedic SurgeryOutpatient SurgeryPostoperative Recovery Room
Imaging: CT ScanDiagnostic RadiologyMRI (Magnetic Resonance Imaging)Nuclear MedicinePET Scan (Positron Emissions Tomography Scan)Therapeutic Radiology
Cancer: Chemotherapy
Transplant and dialysis: Acute Renal Dialysis
Women and children: Clinical LaboratoryNeonatal NurseryObstetrics / Child BirthPediatric Care
Behavioral health: Geriatric Psychiatric
Rehabilitation and therapy: AudiologyCARF Inpatient Rehabilitation (Commission On Accreditation Of Rehabilitation Facilities Inpatient Rehabilitation)OT (Occupational Therapy)Outpatient RehabilitationPT (Physical Therapy)Respiratory CareSpeech Pathology
Other services: Dietary CareESWL (Extracorporeal Shockwave Lithotripter)OutpatientPharmacySocial Care

Source: CMS Provider of Services file, as reported by the hospital and state surveyors.

Size and patient volume

What Galesburg Cottage Hospital reported to Medicare in its latest cost report, covering May 1, 2020 to Apr 30, 2021.

884
Inpatient discharges
Medicare 48%, Medicaid n/a
3,236
Inpatient days
9% of available bed days used

Source: CMS cost report (HCRIS) (report 781292). Figures cover the reporting period, which is not always 12 months, and are self-reported.

Utilization by payer and unit

Inpatient days and discharges Galesburg Cottage Hospital reported by payer. Medicare and Medicaid include their managed care plans, shown separately below.

	Medicare	Medicaid	Other	Total
Inpatient days	1,755	123	1,358	3,236
Discharges	427	0	457	884
Average length of stay	4.1 days		3.0 days	3.7 days
Average daily census	4.8	0.3	3.7	8.9

1,030
Medicare Advantage days
120 discharges
315
Medicaid managed care days
25 discharges

Beds and days by unit

Unit	Beds	Inpatient days	Medicare days	Occupancy
Adults & pediatrics	84	2,647	1,403	9%
Intensive care unit	12	589	352	13%
Subprovider - ipf	16	4,310	2,565	74%

Source: CMS cost report (HCRIS, Form 2552-10), report 781292, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Worksheet S-3 Part I.

Income statement

Revenue, expenses and income Galesburg Cottage Hospital reported to Medicare for May 1, 2020 to Apr 30, 2021. Percentages are of net patient revenue.

Line	Amount	Share
Gross patient revenue (charges)	$261.7M	301.8%
Inpatient	$74.6M	86.0%
Outpatient	$187M	215.7%
Contractual allowances and discounts	-$174.9M	-201.8%
Net patient revenue	$86.7M	100.0%
Operating expenses	-$15.2M	-17.6%
Operating income from patient care	$71.5M	82.4%
Other income	$356,507	0.4%
Net income	$71.8M	82.9%

Gross revenue by payer

Line	Amount	Share
Traditional Medicare	$62.6M	23.9%
Medicaid (including managed care)	$47.3M	18.1%
Other payers and self-pay	$152.3M	58.1%
Total charges	$262.2M	100.0%

Source: CMS cost report (HCRIS, Form 2552-10), report 781292, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Traditional Medicare is the program charges on Worksheets D-3 and D Part V; Medicaid is from Worksheet S-10.

Financial ratios

Computed from Galesburg Cottage Hospital's latest cost report.

82.4%
Operating margin
Operating income from patient care / net patient revenue
82.5%
Total margin
Net income / net patient revenue plus other income
83.0%
EBITDAR margin
Net income before interest, depreciation and leases (Worksheet A-7), / total revenue
7% of expenses
Personnel costs
Salaries, direct-care contract labor and core wage-related costs / operating expenses
$29.39
Average hourly wage
Adjusted salaries / paid hours (Worksheet S-3 Part II)
62.0%
Return on assets
Net income for a year / total assets
68.5%
Return on equity
Net income for a year / fund balance
8.71
Current ratio
Current assets / current liabilities
8.36
Quick ratio
Cash, temporary investments and net receivables / current liabilities
46 days
Days cash on hand
Cash and temporary investments / daily operating expenses excluding depreciation
380 days
Days in patient receivables
Net patient receivables / daily net patient revenue
269 days
Average payment period
Current liabilities / daily operating expenses excluding depreciation
0.75
Asset turnover
Total revenue for a year / total assets
131.0 years
Average age of plant
Accumulated depreciation / depreciation for a year

Source: CMS cost report (HCRIS, Form 2552-10), report 781292, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Balance sheet

What Galesburg Cottage Hospital owned and owed at the end of its reporting period (Apr 2021), across all fund types: $115.8M in total assets and a $104.8M fund balance.

Show the balance sheet

Line	Amount	Of total assets
Cash and temporary investments	$1.9M	1.6%
Patient receivables, net	$90.2M	77.9%
Inventory	$1.4M	1.2%
Total current assets	$96M	82.8%
Property and equipment, net of depreciation	$18.4M	15.9%
Investments and other assets	$1.5M	1.3%
Total assets	$115.8M	100.0%
Current liabilities	$11M	9.5%
Total liabilities	$11M	9.5%
Fund balance (net assets)	$104.8M	90.5%

Source: CMS cost report (HCRIS, Form 2552-10), report 781292, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Charity care and uncompensated care

Care Galesburg Cottage Hospital provided without full payment, as reported on Worksheet S-10 of its cost report.

$107
Cost of charity care
Care for patients approved for charity care and uninsured discounts, at cost
$96,272
Bad debt
Patient bills written off as uncollectible, at charges
$176,734
Medicaid shortfall
Cost of Medicaid patients (charges times the cost-to-charge ratio) minus Medicaid payments; negative means a surplus
$4,585
Total unreimbursed and uncompensated care
0.0% of operating expenses
Medicaid, CHIP and indigent care shortfalls plus charity care and the cost of bad debt (Worksheet S-10 line 31)

Source: CMS cost report (HCRIS, Form 2552-10), report 781292, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Financial trend

Galesburg Cottage Hospital's full-year cost reports, by fiscal year end. Reports shorter than ten months are left out.

Show 2 years

Fiscal year ending	Apr 2020	Apr 2021
Net patient revenue	$41.8M	$86.7M
Operating expenses	$50.5M	$15.2M
Operating margin	-20.7%	82.4%
Net income	-$8.6M	$71.8M
Total assets	$28.7M	$115.8M
Discharges	1,188	884
Inpatient days	4,118	3,236
Medicare Advantage days	1,173	1,030
Beds	112	112
Employees (FTE)	202

Source: CMS cost report (HCRIS, Form 2552-10), report 781292, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Departments

Each cost center Galesburg Cottage Hospital reports, largest first. Total cost includes its share of overhead; the cost-to-charge ratio is total cost / charges.

Show all 40 departments

Ancillary and outpatient departments

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Laboratory	$58,874	$1.9M	$54.8M	0.03	8,346
Radiology-diagnostic	$48,165	$1.1M	$44.7M	0.02	12,847
Impl. dev. charged to patients		$1M	$9.8M	0.10
Medical supplies charged to patient		$976,921	$3.9M	0.25
Operating room	$43,807	$970,058	$48.4M	0.02	19,065
Drugs charged to patients		$776,755	$6M	0.13
Wound care	$4,671	$659,750	$5.6M	0.12	5,181
Physical therapy		$515,121	$2.3M	0.22	3,948
Emergency	$62,929	$505,294	$26.7M	0.02	6,223
Electrocardiology	-$5,167	$289,197	$10.4M	0.03	8,228
Renal dialysis		$159,585	$579,804	0.28
Respiratory therapy	$1,615	$120,362	$3.5M	0.03	3,292
Anesthesiology		$56,869	$13.6M	0.00	428
Radioisotope	$6,340	$642	$5,428	0.12
Other ancillary costs		$415
Ct scan	$273	$377	$330,535	0.00
Mri	$3,475	$357	$9,309	0.04
Ultrasound	$6,844	$277
Sleep lab	-$795	$257
Ambulance services	$5,967	$189
Speech pathology		$169	$160,289	0.00
Occupational therapy		$74	$70,079	0.00
Observation beds (non-distinct part			$3M
Recovery room	-$13,326	-$1

Inpatient units

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Adults & pediatrics	$98,582	$1.2M	$9.7M	0.13	32,832
Subprovider - ipf	$112,717	$1.2M	$13.7M	0.09	9,812
Intensive care unit	$79,371	$733,809	$4.9M	0.15	5,363

Overhead (general service) departments

Department	Salaries	Direct cost	Paid hours	Average hourly wage	Square feet
Administrative & general	$95,211	$2.3M	4,498	$18.91	41,538
Operation of plant	$18,312	$940,703	681	$26.87	94,415
Dietary		$817,047			8,602
Employee benefits department	$10,794	$661,395	365	$29.55	1,112
Central services & supply	$3,421	$296,528	231	$14.81	9,206
Cap rel costs-mvble equip		$222,198
Housekeeping	$19,337	$162,095	1,641	$11.78	3,382
Medical records & library		$145,729			9,422
Pharmacy	$28,655	$141,414	771	$37.15	3,393
Nursing administration	$68,355	$132,551	1,939	$36.92	4,673
Laundry & linen service		$97,681			2,354
Cap rel costs-bldg & fixt		$36,348			317,967
Cafeteria		$23,943			4,191

Source: CMS cost report (HCRIS, Form 2552-10), report 781292, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Worksheets A, B-1, C Part I and S-3 Part II.

Frequently asked questions

About Galesburg Cottage Hospital's rates and hospital price transparency.

How many patients does Galesburg Cottage Hospital admit?

Galesburg Cottage Hospital reported 884 inpatient discharges and 3,236 inpatient days from May 1, 2020 to Apr 30, 2021.

How much revenue does Galesburg Cottage Hospital make?

Galesburg Cottage Hospital reported $86.7M in net patient revenue on $261.7M of gross charges for May 1, 2020 to Apr 30, 2021, an operating margin of 82.4%, and net income of $71.8M.

How much charity and uncompensated care does Galesburg Cottage Hospital provide?

Galesburg Cottage Hospital reported $4,585 of unreimbursed and uncompensated care for May 1, 2020 to Apr 30, 2021, including $107 of charity care at cost.

What services does Galesburg Cottage Hospital offer?

CMS lists 38 services at Galesburg Cottage Hospital, including Acute Renal Dialysis, Anesthesia, Audiology, CARF Inpatient Rehabilitation (Commission On Accreditation Of Rehabilitation Facilities Inpatient Rehabilitation), Chemotherapy, Clinical Laboratory.

How many beds does Galesburg Cottage Hospital have?

Galesburg Cottage Hospital has 112 beds, including its psychiatric, rehabilitation and other subprovider units, in its latest Medicare cost report. Facility type: Short Term Acute Care Hospital.

Where is Galesburg Cottage Hospital and what is its phone number?

Galesburg Cottage Hospital is located at 695 North Kellogg Street, Galesburg, IL 61401. Its main phone number is (309) 343-8131.

What is Galesburg Cottage Hospital's CCN (Medicare provider number)?

Galesburg Cottage Hospital's CMS Certification Number (CCN), also called its Medicare provider number, is 140040.

What is Galesburg Cottage Hospital's NPI number?

The National Provider Identifier (NPI) on file for Galesburg Cottage Hospital is 1447221312.

Which insurance plans are in network at Galesburg Cottage Hospital?

Galesburg Cottage Hospital lists 8 in-network payers, including Ameri Health, Group Health Cooperative of South Central Wisconsin, Kaiser Permanente, MagnaCare, and is Medicare-certified. Insurance acceptance may vary by plan, so confirm coverage with your insurer or the hospital's billing department.

What is a hospital price transparency MRF?

Under 45 CFR Part 180, every US hospital must publish a machine-readable file of its standard charges, including gross charges, discounted cash prices and payer-specific negotiated rates, in the CMS template format. PayerPrice can help hospitals publish and maintain these files.

For hospital finance and compliance teams

Running price transparency at a hospital like this one?

The data on this page comes from the files hospitals and payers publish. We help hospitals publish theirs correctly, and take a fresh look at their chargemaster.

Compliance MRF

Publish a CMS-compliant machine-readable file

We turn your chargemaster and payer contracts into the CMS template file, then keep it current as rates change.

CMS v3 example: standard_charge_information[0]

{
  "description": "MRI of brain (no contrast)",
  "code_information": [
    { "code": "611", "type": "RC" },
    { "code": "70551", "type": "CPT" }
  ],
  "standard_charges": [{
    "setting": "outpatient",
    "minimum": 250,
    "maximum": 400,
    "gross_charge": 1200,
    "discounted_cash": 1080,
    "payers_information": [
      {
        "payer_name": "Platform Health Insurance",
        "plan_name": "PPO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 400
      },
      {
        "payer_name": "Region Health Insurance",
        "plan_name": "HMO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 250
      }
    ]
  }]
}

CMS template layout, in JSON or CSV
Gross, discounted cash, payer-specific and de-identified min / max charges
cms-hpt.txt file and homepage footer link
Refreshed when your contracts change

Talk to us about your MRF

Chargemaster analysis

Get your chargemaster right for billing and payer contracts

Your chargemaster sets the gross charge on every claim, and many payer contracts base payment on it through percent-of-charge, lesser-of and stop-loss terms. We audit it line by line and show how your charges and negotiated rates compare with peer hospitals before your next negotiation.

What a review covers

CodingPricingPayer contractsCompliance

CPT, HCPCS, revenue code and modifier errors flagged line by line
Missing, duplicate and outdated charge lines identified
Charges set below payer allowables caught before lesser-of clauses cut payment
Revenue impact of charge changes modeled across percent-of-charge and stop-loss terms
Your negotiated rates benchmarked against peer hospitals for the same payers

Talk to us about your chargemaster

Galesburg Cottage Hospital

About this hospital

Negotiated Rates

Insurance Accepted

More about this hospital

Location

Accreditation and services

38 services at Galesburg Cottage Hospital

Size and patient volume

Utilization by payer and unit

Beds and days by unit

Income statement

Gross revenue by payer

Financial ratios

Balance sheet

Charity care and uncompensated care

Financial trend

Departments

Ancillary and outpatient departments

Inpatient units

Overhead (general service) departments

Hospital-based units

Hospital-based units with their own Medicare certification

Frequently asked questions

Running price transparency at a hospital like this one?

Publish a CMS-compliant machine-readable file

Get your chargemaster right for billing and payer contracts

About this hospital

Negotiated Rates

Insurance Accepted

More about this hospital

Location

Accreditation and services

38 services at Galesburg Cottage Hospital

Size and patient volume

Utilization by payer and unit

Beds and days by unit

Income statement

Gross revenue by payer

Financial ratios

Balance sheet

Charity care and uncompensated care

Financial trend

Departments

Ancillary and outpatient departments

Inpatient units

Overhead (general service) departments

Hospital-based units

Hospital-based units with their own Medicare certification

Nearby hospitals

Frequently asked questions

Running price transparency at a hospital like this one?

Publish a CMS-compliant machine-readable file

Get your chargemaster right for billing and payer contracts