Velarion Records

Short-term acute care hospital · Gainsville, Georgia · 109 beds · CMS certification number 110188

Lanier Park

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2001, as submitted, stamped by CMS March 27, 2003. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$34.0M
$33,997,315 · G-3 line 3
Operating expenses
$35.6M
$35,579,359 · G-3 line 4
Result from patient care
−$1.6M
−$1,582,044 · G-3 line 5
Margin on patient care
−4.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $54.0M in its first year on file (1997) to $34.0M in 2001.
  • Its result from patient care: −$2.7M (1999), $3.1M (2000), −$1.6M (2001).
  • 4 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 2001.

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
as submitted
$54.0M
$47.2M
1998
as submitted
$64.2M
$65.0M
1999
settled
$45.9M
$48.6M
2000
as submitted
$38.5M
$35.4M
2001
as submitted
$34.0M
$35.6M

Beside its peers

Short-term acute care hospitals in Georgia with 100 to 199 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Lanier Park109$33,997,315$35,579,359−4.7%
Emory Northlake Regional Medical Cen, Tucker105$25,806,217$32,717,030−26.8%
Piedmont Rockdale Hospital, Conyers107$63,543,279$66,090,969−4.0%
Phoebe Sumter Medical Center, Americus116$47,605,005$52,526,703−10.3%
Upson Regional Medical Center, Thomaston120$47,071,756$45,096,4084.2%
Wayne Memorial Hospital, Jesup115$23,863,155$25,480,310−6.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 110188.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read March 27, 2003.