Velarion Records

Psychiatric hospital · Canoga Park, California · 82 beds · CMS certification number 054105

Pine Grove Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 4, 2003, settled, stamped by CMS September 20, 2006. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$670K
$669,904 · G-3 line 3
Operating expenses
$2.2M
$2,189,533 · G-3 line 4
Result from patient care
−$1.5M
−$1,519,629 · G-3 line 5
Margin on patient care
−226.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.4M in its first year on file (1996) to $670K in 2003.
  • Its result from patient care: −$792K (2001), −$3.9M (2002), −$1.5M (2003).
  • 2 of the 5 psychiatric 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.

Eight years of filings

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

Net patient revenueOperating expenses
1996
reopened
$7.4M
$6.5M
1997
reopened
$6.8M
$7.0M
1998
settled
$1.7M
$1.9M
1999
settled with audit
$8.3M
$9.4M
2000
reopened
$8.8M
$11.3M
2001
settled
$13.8M
$14.6M
2002
reopened
$10.7M
$14.5M
2003
settled
$670K
$2.2M

Beside its peers

Psychiatric hospitals in California with 50 to 99 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Pine Grove Hospital82$669,904$2,189,533−226.8%
BHC Alhambra Hospital, Rosemead85$12,648,075$11,508,8429.0%
Aurora Charter Oak Hospital, Covina95$12,043,937$13,356,287−10.9%
Aurora San Diego, San Diego80$11,790,846$12,770,979−8.3%
Aurora Vista Del Mar Hospital, Ventura79$12,208,133$11,799,2063.4%
Llu Behavioral Medicine Center, Redlands89$20,594,243$20,338,0161.2%

Follow this hospital, free

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

More psychiatric 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 HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 054105.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read September 20, 2006.