Velarion Records

Psychiatric hospital · Lemont, Illinois · 133 beds · CMS certification number 144030

The Rock Creek Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2002, settled, stamped by CMS August 2, 2013. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$7.5M
$7,538,363 · G-3 line 3
Operating expenses
$15.9M
$15,919,035 · G-3 line 4
Result from patient care
−$8.4M
−$8,380,672 · G-3 line 5
Margin on patient care
−111.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $25.0M in its first year on file (1996) to $7.5M in 2002.
  • Its result from patient care: −$6.5M (2000), −$5.0M (2001), −$8.4M (2002).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
reopened
$25.0M
$16.9M
1997
reopened
$21.4M
$21.4M
1998
settled
$16.6M
$16.6M
1999
settled
$12.8M
$12.3M
2000
settled
$14.2M
$20.7M
2001
settled
$18.4M
$23.4M
2002
settled
$7.5M
$15.9M

Beside its peers

Psychiatric hospitals in Illinois with 100 to 199 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
The Rock Creek Center133$7,538,363$15,919,035−111.2%
Alton Mental Health Center, Alton184$1,354$26,859,386−1983606.5%
Aurora Chicago Lake Amended, Chicago102$13,091,262$12,724,4472.8%
Hartgrove Hospital, Chicago119$23,401,468$16,525,83629.4%
Elizabeth Parsons Ware Packard Mental Health Center, Springfield146$5,094$17,434,904−342163.5%
Singer Mental Health Center, Rockford164$41,827$17,888,761−42668.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 144030.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read August 2, 2013.