Velarion Records

Psychiatric hospital · Chicago, Illinois · 110 beds · CMS certification number 144033

University Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 28, 1997, settled, stamped by CMS October 20, 1999. Two years on file, every one shown below.

Fiscal 1997 at a glance

Net patient revenue
$3.7M
$3,697,465 · G-3 line 3
Operating expenses
$4.7M
$4,671,460 · G-3 line 4
Result from patient care
−$974K
−$973,995 · G-3 line 5
Margin on patient care
−26.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $13.8M in its first year on file (1996) to $3.7M in 1997.
  • Its result from patient care: −$111K (1996), −$974K (1997).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports 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
$13.8M
$13.9M
1997
settled
$3.7M
$4.7M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Illinois first; each on fiscal year 1997.

HospitalBedsNet patient revenueOperating expensesMargin
University Hospital110$3,697,465$4,671,460−26.3%
Chicago Lakeshore Hospital, Chicago139$14,392,639$13,728,0684.6%
Forest Hospital, Des Plaines180$23,747,086$23,544,1430.9%
Hartgrove Hospital, Chicago119$18,959,094$18,346,6593.2%
Linden Oaks at Edward, Naperville68$12,101,887$10,865,76910.2%
Alexian Brothers Behavioral Health Hospital, Hoffman Estates92$9,959,580$10,226,044−2.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 144033.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read October 20, 1999.