Velarion Records

Short-term acute care hospital · 630 Alton Road, Florida · 115 beds · CMS certification number 100172

South Beach Comm Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2006, settled, stamped by CMS February 12, 2008. Ten years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$24.6M
$24,594,356 · G-3 line 3
Operating expenses
$23.2M
$23,241,369 · G-3 line 4
Result from patient care
$1.4M
$1,352,987 · G-3 line 5
Margin on patient care
5.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $38.9M in its first year on file (1997) to $24.6M in 2006.
  • Its result from patient care: −$2.9M (2004), −$118K (2005), $1.4M (2006).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2006.

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

Ten years of filings

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

Net patient revenueOperating expenses
1997
settled
$38.9M
$38.7M
1998
settled
$41.2M
$38.7M
1999
reopened
$40.3M
$41.3M
2000
settled with audit
$37.9M
$40.9M
2001
settled with audit
$28.3M
$37.4M
2002
settled
$40.4M
$39.9M
2003
settled with audit
$36.3M
$49.8M
2004
settled
$39.7M
$42.6M
2005
settled
$30.0M
$30.2M
2006
settled
$24.6M
$23.2M

Beside its peers

Short-term acute care hospitals in Florida with 100 to 199 beds, each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
South Beach Comm Hospital115$24,594,356$23,241,3695.5%
Homestead Hospital, Homestead120$135,474,590$149,337,122−10.2%
Adventhealth Dade City, Dade City120$43,624,188$37,533,69414.0%
Orlando Health Sebastian River Hospital, Sebastian117$55,240,131$46,408,89916.0%
Coral West Community Hospital, Miami115$51,218,156$52,066,191−1.7%
Orlando Health Melbourne Hospital, Melbourne115$64,889,957$67,951,380−4.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 100172.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read February 12, 2008.