Velarion Records

Psychiatric hospital · Fort Wayne, Indiana · 75 beds · CMS certification number 154026

Charter Beacon BHS

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 3, 2000, settled, stamped by CMS September 11, 2002. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$6.3M
$6,317,211 · G-3 line 3
Operating expenses
$5.9M
$5,869,803 · G-3 line 4
Result from patient care
$447K
$447,408 · G-3 line 5
Margin on patient care
7.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.5M in its first year on file (1996) to $6.3M in 2000.
  • Its result from patient care: $105K (1998), −$751K (1999), $447K (2000).
  • None of the 5 psychiatric hospital peers below with a margin on file reports a gain on patient care for fiscal year 2000.

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

Five years of filings

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

Net patient revenueOperating expenses
1996
reopened
$7.5M
$8.5M
1997
as submitted
$5.5M
$2.3M
1998
as submitted
$8.3M
$8.2M
1999
as submitted
$7.4M
$8.2M
2000
settled
$6.3M
$5.9M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Indiana first; each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Charter Beacon BHS75$6,317,211$5,869,8037.1%
CBHS of Indianapolis, Indianapolis48$5,182,478$7,779,875−50.1%
CBHS of Terre Haute, Terre Haute66$2,800,837$4,559,086−62.8%
Charter BHS of Lafayette, Lafayette64$2,062,859$3,516,682−70.5%
Fairbanks Hospital, Indianapolis70$7,380,289$8,911,274−20.7%
Madison Hospital, South Bend80$32,113,208$32,953,819−2.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 154026.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read September 11, 2002.