Velarion Records

Short-term acute care hospital · South Bend, Indiana · 24 beds · CMS certification number 150148

Our Lady of Peace Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, settled, stamped by CMS March 5, 2004. Two years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$999K
$999,461 · G-3 line 3
Operating expenses
$1.8M
$1,794,064 · G-3 line 4
Result from patient care
−$795K
−$794,603 · G-3 line 5
Margin on patient care
−79.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $679K in its first year on file (2000) to $999K in 2001.
  • Its result from patient care: −$447K (2000), −$795K (2001).
  • 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 2001.

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
2000
settled
$679K
$1.1M
2001
settled
$999K
$1.8M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Indiana first; each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Our Lady of Peace Hospital24$999,461$1,794,064−79.5%
Parkview Huntington Hospital, Huntington24$24,870,975$24,800,6340.3%
Illiana Surgery & Medical Center, Munster8$17,605,519$15,528,02811.8%
St. Vincent Williamsport Hospital, Williamsport16$9,856,869$11,944,369−21.2%
West Central Community Hospital, Clinton27$15,252,396$14,644,6394.0%
Wirth Regional Hospital, Oakland City10$3,285,635$3,520,840−7.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 150148.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read March 5, 2004.