Velarion Records

Short-term acute care hospital · West Palm Beach, Florida · 168 beds · CMS certification number 100234

West Palm Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2016, reopened, stamped by CMS February 1, 2022. Twenty years on file, every one shown below.

Fiscal 2016 at a glance

Net patient revenue
$59.9M
$59,856,330 · G-3 line 3
Operating expenses
$67.0M
$66,974,207 · G-3 line 4
Result from patient care
−$7.1M
−$7,117,877 · G-3 line 5
Margin on patient care
−11.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $61.9M in its first year on file (1997) to $59.9M in 2016.
  • Its result from patient care: −$17.0M (2014), −$9.5M (2015), −$7.1M (2016).
  • 2 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 2016.

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

Twenty years of filings

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

Net patient revenueOperating expenses
1997
as submitted
$61.9M
$58.0M
1998
as submitted
$51.5M
$57.7M
1999
as submitted
$52.9M
$57.8M
2000
as submitted
$61.1M
$64.7M
2001
as submitted
$70.2M
$72.6M
2002
reopened
$75.8M
$76.1M
2003
reopened
$73.8M
$77.1M
2004
reopened
$86.0M
$88.4M
2005
reopened
$84.3M
$93.5M
2006
reopened
$88.0M
$96.2M
2007
reopened
$88.9M
$101.7M
2008
reopened
$92.1M
$103.0M
2009
reopened
$94.7M
$105.8M
2010
reopened
$88.0M
$104.0M
2011
reopened
$89.2M
$104.4M
2012
reopened
$75.5M
$90.9M
2013
reopened
$72.3M
$87.8M
2014
reopened
$68.7M
$85.7M
2015
settled
$79.0M
$88.4M
2016
reopened
$59.9M
$67.0M

Beside its peers

Short-term acute care hospitals in Florida with 100 to 199 beds, each on fiscal year 2016.

HospitalBedsNet patient revenueOperating expensesMargin
West Palm Hospital168$59,856,330$66,974,207−11.9%
Adventhealth Fish Memorial, Orange City175$173,773,420$157,824,3779.2%
Memorial Hospital Miramar, Miramar178$180,106,042$145,802,14319.1%
Palms of Pasadena Hospital, St Petersburg167$100,161,480$101,715,870−1.6%
HCA Florida St. Petersburg Hospital, Saint Petersburg177$96,638,769$86,231,04510.8%
Tampa Community Hospital, Tampa166$59,929,085$63,576,377−6.1%

Follow this hospital, free

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

More short-term acute care hospitals in Florida

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 HOSP10FY2015.ZIP, form CMS-2552-10, filed under CMS certification number 100234.

How this page was built: the CMS Medicare cost report, file HOSP10FY2015.ZIP, read February 1, 2022.