Velarion Records

Psychiatric hospital · Thornton, Colorado · 40 beds · CMS certification number 064018

Haven Behav Sr Care of North Denver

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 1, 2014, settled, stamped by CMS October 15, 2015. Eleven years on file, every one shown below.

Fiscal 2014 at a glance

Net patient revenue
$5.8M
$5,794,665 · G-3 line 3
Operating expenses
$10.9M
$10,920,714 · G-3 line 4
Result from patient care
−$5.1M
−$5,126,049 · G-3 line 5
Margin on patient care
−88.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $11.5M in its first year on file (2003) to $5.8M in 2014.
  • Its result from patient care: $1.4M (2011), −$155K (2012), −$5.1M (2014).
  • 2 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2014.

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

Eleven years of filings

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

Net patient revenueOperating expenses
2003
settled
$11.5M
$9.6M
2004
settled with audit
$2.8M
$5.3M
2005
reopened
$5.2M
$6.4M
2006
settled
$5.6M
$7.3M
2007
settled
$5.6M
$7.5M
2008
reopened
$14.8M
$14.4M
2009
settled
$2.0M
$2.7M
2010
settled
$7.2M
$7.0M
2011
settled
$9.6M
$8.2M
2012
settled
$9.5M
$9.7M
2014
settled
$5.8M
$10.9M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Colorado first; each on fiscal year 2014.

HospitalBedsNet patient revenueOperating expensesMargin
Haven Behav Sr Care of North Denver40$5,794,665$10,920,714−88.5%
Cedar Springs Behavioral Health System, Colorado Springs72$24,473,486$23,651,1903.4%
Centennial Peaks Hospital, Louisville72$22,378,564$16,516,57526.2%
Colorado West Psychiatric Hospital, Grand Junction32$9,183,786$11,418,750−24.3%
Haven Behavioral Senior Care at SMC, Pueblo30$5,774,489$6,047,194−4.7%
Highlands Behavioral Health System, Littleton86$21,258,554$16,560,27422.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2013.ZIP, form CMS-2552-10, filed under CMS certification number 064018.

How this page was built: the CMS Medicare cost report, file HOSP10FY2013.ZIP, read October 15, 2015.