Velarion Records

Short-term acute care hospital · Lake Isabella, California · 27 beds · CMS certification number 050542

Kern Valley Healthcare District

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2003, settled, stamped by CMS July 12, 2006. Seven years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$17.6M
$17,573,366 · G-3 line 3
Operating expenses
$19.2M
$19,186,626 · G-3 line 4
Result from patient care
−$1.6M
−$1,613,260 · G-3 line 5
Margin on patient care
−9.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $13.4M in its first year on file (1997) to $17.6M in 2003.
  • Its result from patient care: $240K (2001), −$1.2M (2002), −$1.6M (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.

Seven years of filings

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

Net patient revenueOperating expenses
1997
settled
$13.4M
$14.1M
1998
reopened
$16.4M
$16.1M
1999
settled
$18.5M
$19.0M
2000
settled
$17.4M
$20.3M
2001
settled
$17.9M
$17.6M
2002
settled
$17.2M
$18.4M
2003
settled
$17.6M
$19.2M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Kern Valley Healthcare District27$17,573,366$19,186,626−9.2%
Doctor S Hosp. of West Covina, West Covina27$10,577,206$10,259,1553.0%
Fairchild Medical Center, Yreka30$25,407,475$24,566,6963.3%
High Desert Hospital, Lancaster28$57,846,612$74,176,655−28.2%
Oak Valley District Hospital, Oakdale29$36,184,700$36,465,670−0.8%
Adventist Health Reedley, Reedley27$18,305,803$20,528,978−12.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 050542.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read July 12, 2006.