Velarion Records

Psychiatric hospital · Ocala, Florida · 92 beds · CMS certification number 104034

Charter Springs BHS

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 29, 2000, settled, stamped by CMS August 22, 2003. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$3.2M
$3,226,411 · G-3 line 3
Operating expenses
$6.8M
$6,846,148 · G-3 line 4
Result from patient care
−$3.6M
−$3,619,737 · G-3 line 5
Margin on patient care
−112.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.8M in its first year on file (1996) to $3.2M in 2000.
  • Its result from patient care: −$4.8M (1998), −$5.4M (1999), −$3.6M (2000).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2000.

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

Five years of filings

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

Net patient revenueOperating expenses
1996
settled
$7.8M
$10.0M
1997
as submitted
$1.6M
$2.8M
1998
as submitted
$5.1M
$9.9M
1999
as submitted
$5.0M
$10.3M
2000
settled
$3.2M
$6.8M

Beside its peers

Psychiatric hospitals in Florida with 50 to 99 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Charter Springs BHS92$3,226,411$6,846,148−112.2%
Atlantic Shores Hospital, Fort Lauderdale72$8,168,078$4,961,60639.3%
Circles of Care, Melbourne72$15,703,586$20,193,144−28.6%
Savannas Hospital, Port St. Lucie70$9,288,837$10,778,316−16.0%
West Florida Comm. Care Center, Milton90$966,258$6,067,671−528.0%
Windmoor Healthcare, Miami94$7,088,873$7,939,518−12.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 104034.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read August 22, 2003.