Velarion Records

Short-term acute care hospital · Charlestown, Indiana · 78 beds · CMS certification number 150134

Medical Center of Southern Indiana

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2006, reopened, stamped by CMS February 11, 2009. Eleven years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$7.3M
$7,262,177 · G-3 line 3
Operating expenses
$8.8M
$8,784,031 · G-3 line 4
Result from patient care
−$1.5M
−$1,521,854 · G-3 line 5
Margin on patient care
−21.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $15.3M in its first year on file (1996) to $7.3M in 2006.
  • Its result from patient care: −$1.2M (2004), −$1.9M (2005), −$1.5M (2006).
  • 2 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 2006.

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

Eleven years of filings

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

Net patient revenueOperating expenses
1996
settled
$15.3M
$15.5M
1997
reopened
$17.8M
$18.3M
1998
settled
$20.6M
$20.4M
1999
settled
$18.3M
$19.3M
2000
settled
$18.1M
$19.1M
2001
settled
$14.1M
$15.1M
2002
reopened
$16.3M
$15.3M
2003
settled
$13.1M
$15.4M
2004
settled
$14.5M
$15.6M
2005
reopened
$14.2M
$16.1M
2006
reopened
$7.3M
$8.8M

Beside its peers

Short-term acute care hospitals in Indiana with 50 to 99 beds, each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
Medical Center of Southern Indiana78$7,262,177$8,784,031−21.0%
Clarian West Medical Center, Avon76$77,548,078$81,897,632−5.6%
Hancock Regional Hospital, Greenfield76$73,478,070$75,704,491−3.0%
Norton - Kings Daughters Health, Madison82$97,165,700$90,494,6846.9%
Ascension St. Vincent Heart Center, Indianapolis80$110,392,190$93,718,30415.1%
Witham Health Services, Lebanon80$61,579,378$51,498,45416.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 150134.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read February 11, 2009.