Velarion Records

Critical access hospital · Florence, Arizona · 25 beds · CMS certification number 031316

Florence Comm. Healthcare

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 18, 2012, settled, stamped by CMS June 27, 2014. Two years on file, every one shown below.

Fiscal 2012 at a glance

Net patient revenue
$6.4M
$6,425,286 · G-3 line 3
Operating expenses
$7.2M
$7,188,872 · G-3 line 4
Result from patient care
−$764K
−$763,586 · G-3 line 5
Margin on patient care
−11.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.0M in its first year on file (2011) to $6.4M in 2012.
  • Its result from patient care: $213K (2011), −$764K (2012).
  • 2 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2012.
  • Medicaid paid for 19.3% of its inpatient days and Medicare for 60.9%.

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

Two years of filings

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

Net patient revenueOperating expenses
2011
settled
$5.0M
$4.8M
2012
settled
$6.4M
$7.2M

Beside its peers

Critical access hospitals in Arizona with 25 to 49 beds, each on fiscal year 2012.

HospitalBedsNet patient revenueOperating expensesMargin
Florence Comm. Healthcare25$6,425,286$7,188,872−11.9%
HCH Tucson Holdings, Nogales25$19,555,608$24,270,263−24.1%
Page Hospital, Page25$14,628,690$14,494,7930.9%
Sage Memorial Hospital, Ganado25$27,394,308$25,305,2507.6%
Southeast Arizona Medical Center, Douglas25$9,796,771$12,724,647−29.9%
Little Colorado Medical Center, Winslow25$29,510,873$23,580,02120.1%

Patients and payers

Discharges
244
S-3 line 14, col 15
Inpatient days
517
S-3 line 14, col 8
Beds in use, on an average day
3.1
days ÷ days in year
Occupancy
12.3%
days ÷ bed days
Medicare share of days
60.9%
S-3 cols 6 ÷ 8
Medicaid share of days
19.3%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: proprietary, corporation.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2012.ZIP, form CMS-2552-10, filed under CMS certification number 031316. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2012.ZIP, read June 27, 2014.