Velarion Records

Psychiatric hospital · Smyrna, Georgia · 108 beds · CMS certification number 114000

Valuemark Brawner Behav. HLTH/C N.

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 1999, as submitted, stamped by CMS April 12, 2000. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$2.1M
$2,120,819 · G-3 line 3
Operating expenses
$4.2M
$4,178,813 · G-3 line 4
Result from patient care
−$2.1M
−$2,057,994 · G-3 line 5
Margin on patient care
−97.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.1M in its first year on file (1996) to $2.1M in 1999.
  • Its result from patient care: −$1.3M (1997), −$716K (1998), −$2.1M (1999).
  • All 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 1999.

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

Four years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$7.1M
$6.3M
1997
settled with audit
$3.8M
$5.1M
1998
settled
$3.0M
$3.7M
1999
as submitted
$2.1M
$4.2M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Georgia first; each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Valuemark Brawner Behav. HLTH/C N.108$2,120,819$4,178,813−97.0%
Anchor Hospital, College Park84$6,000,732$7,688,440−28.1%
Peachford Behavioral Health System of Atlanta, Atlanta224$12,969,122$19,899,570−53.4%
CBHS of Central Georgia (Lake), Macon118$5,869,480$8,082,023−37.7%
Coastal Behavioral Health, Savannah88$7,075,005$9,640,879−36.3%
St. Simons-by-the-Sea, Simons Island101$6,223,882$7,976,168−28.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 114000.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read April 12, 2000.