Velarion Records

Rehabilitation hospital · Modesto, California · 36 beds · CMS certification number 053036

Modesto Rehabilitation Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2005, settled, stamped by CMS September 21, 2006. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$11.1M
$11,094,923 · G-3 line 3
Operating expenses
$16.5M
$16,490,072 · G-3 line 4
Result from patient care
−$5.4M
−$5,395,149 · G-3 line 5
Margin on patient care
−48.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $13.7M in its first year on file (1997) to $11.1M in 2005.
  • Its result from patient care: $106K (2003), −$4.6M (2004), −$5.4M (2005).
  • 3 of the 5 rehabilitation hospital peers below with a margin on file also report a loss on patient care for fiscal year 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
reopened
$13.7M
$14.7M
1998
settled
$7.2M
$7.4M
1999
reopened
$5.4M
$13.8M
2000
settled
$13.6M
$15.1M
2001
as submitted
$14.2M
$15.5M
2002
settled
$14.6M
$15.9M
2003
settled
$13.5M
$13.4M
2004
settled
$14.1M
$18.7M
2005
settled
$11.1M
$16.5M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from California first; each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Modesto Rehabilitation Hospital36$11,094,923$16,490,072−48.6%
Casa Colina Hospital for Rehab Med, Pomona38$20,451,702$24,221,994−18.4%
Encompass Health Rehabilitation Hospital of Bakersfield, Bakersfield60$16,718,909$14,698,20012.1%
Encompass Health Rehabilitation Hospital of Tustin, Tustin48$19,106,191$17,809,6466.8%
Rehab Institute at Santa Barbara, Santa Barbara38$11,635,405$16,702,343−43.5%
Ballard Rehabilitation Hospital, San Bernardino60$13,688,593$13,825,666−1.0%

Follow this hospital, free

We send this record now and tell you when it files again.

More rehabilitation hospitals in California

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 053036.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read September 21, 2006.