Velarion Records

Psychiatric hospital · Fort Lauderdale, Florida · 86 beds · CMS certification number 104052

Coral Ridge Psychiatric Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 15, 1997, settled, stamped by CMS September 30, 1999. Two years on file, every one shown below.

Fiscal 1997 at a glance

Net patient revenue
$3.3M
$3,289,718 · G-3 line 3
Operating expenses
$4.6M
$4,638,461 · G-3 line 4
Result from patient care
−$1.3M
−$1,348,743 · G-3 line 5
Margin on patient care
−41.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.6M in its first year on file (1996) to $3.3M in 1997.
  • Its result from patient care: −$18K (1996), −$1.3M (1997).
  • All 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 1997.

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

Two years of filings

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

Net patient revenueOperating expenses
1996
settled
$7.6M
$7.6M
1997
settled
$3.3M
$4.6M

Beside its peers

Psychiatric hospitals in Florida with 50 to 99 beds, each on fiscal year 1997.

HospitalBedsNet patient revenueOperating expensesMargin
Coral Ridge Psychiatric Hospital86$3,289,718$4,638,461−41.0%
Atlantic Shores Hospital, Fort Lauderdale86$2,009,303$2,145,982−6.8%
Fort Lauderdale Behavioral Health Center, Fort Lauderdale82$4,651,451$5,464,092−17.5%
Columbia Behavioral Health Center, Miami88$9,264,160$10,389,161−12.1%
Northeast Florida State Hospital, Macclenny80$6,481,421$43,324,500−568.4%
West Florida Community Care Center, Milton90$973,382$5,617,409−477.1%

Follow this hospital, free

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

More psychiatric 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 HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 104052.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read September 30, 1999.