Velarion Records

Short-term acute care hospital · Hiawassee, Georgia · 39 beds · CMS certification number 110070

Chatuge Regional Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2002, settled, stamped by CMS July 11, 2003. Five years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$10.3M
$10,332,297 · G-3 line 3
Operating expenses
$11.7M
$11,716,843 · G-3 line 4
Result from patient care
−$1.4M
−$1,384,546 · G-3 line 5
Margin on patient care
−13.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $10.5M in its first year on file (1997) to $10.3M in 2002.
  • Its result from patient care: −$144K (2000), −$154K (2001), −$1.4M (2002).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2002.

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
1997
settled
$10.5M
$10.9M
1999
settled
$9.4M
$11.0M
2000
settled
$5.5M
$5.6M
2001
settled
$10.5M
$10.6M
2002
settled
$10.3M
$11.7M

Beside its peers

Short-term acute care hospitals in Georgia with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Chatuge Regional Hospital39$10,332,297$11,716,843−13.4%
Bacon County Hospital, Alma39$14,765,087$14,546,7931.5%
Burke Health, Waynesboro40$10,490,293$10,033,2864.4%
Southeast Georgia Health System Camden Campus, St. Marys40$22,426,586$19,790,14511.8%
North Georgia Medical Center, Ellijay40$17,633,201$15,858,79810.1%
Wellstar Paulding Hospital, Dallas38$24,517,635$26,850,631−9.5%

Follow this hospital, free

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

More short-term acute care hospitals in Georgia

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 HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 110070.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read July 11, 2003.