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Rehabilitation hospital · Del Ray Beach, Florida · 90 beds · CMS certification number 103030

Pinecrest Rehab Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2007, settled, stamped by CMS September 9, 2008. Eleven years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$15.4M
$15,356,537 · G-3 line 3
Operating expenses
$18.5M
$18,520,636 · G-3 line 4
Result from patient care
−$3.2M
−$3,164,099 · G-3 line 5
Margin on patient care
−20.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $13.3M in its first year on file (1997) to $15.4M in 2007.
  • Its result from patient care: $6.0M (2005), $388K (2006), −$3.2M (2007).
  • None of the 5 rehabilitation hospital peers below with a margin on file reports a loss on patient care for fiscal year 2007.

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
1997
reopened
$13.3M
$19.8M
1998
settled with audit
$29.4M
$20.6M
1999
reopened
$27.1M
$22.4M
2000
reopened
$30.8M
$24.4M
2001
reopened
$32.6M
$25.4M
2002
reopened
$34.6M
$29.5M
2003
reopened
$40.9M
$29.0M
2004
settled
$33.5M
$29.4M
2005
settled
$34.8M
$28.7M
2006
settled
$22.4M
$22.0M
2007
settled
$15.4M
$18.5M

Beside its peers

Rehabilitation hospitals in Florida with 50 to 99 beds, each on fiscal year 2007.

HospitalBedsNet patient revenueOperating expensesMargin
Pinecrest Rehab Hospital90$15,356,537$18,520,636−20.6%
Encompass Health Rehabilitation Hospital of Panama City, Panama City75$14,703,581$12,789,63813.0%
Encompass Health Rehabilitation Hospital of Treasure Coast, Vero Beach90$19,239,832$16,537,09014.1%
Encompass Health Rehabilitation Hospital of Sarasota, Sarasota76$24,992,247$20,242,57219.0%
Encompass Health Rehabilitation Hospital of Tallahassee, Tallahassee76$16,293,541$14,216,97912.7%
Sea Pines Rehabilitation Hospital, an Affiliate of Encompass Health, Melbourne90$16,244,927$13,824,31614.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 103030.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read September 9, 2008.