Velarion Records

Psychiatric hospital · 46 beds · CMS certification number 154037

Charter South Bend BHS

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 1999, as submitted, stamped by CMS December 23, 1999. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$4.0M
$4,010,995 · G-3 line 3
Operating expenses
$6.5M
$6,523,014 · G-3 line 4
Result from patient care
−$2.5M
−$2,512,019 · G-3 line 5
Margin on patient care
−62.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $5.3M in its first year on file (1997) to $4.0M in 1999.
  • Its result from patient care: −$1.9M (1997), −$1.5M (1998), −$2.5M (1999).

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

Three years of filings

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

Net patient revenueOperating expenses
1997
reopened
$5.3M
$7.1M
1998
as submitted
$3.5M
$5.0M
1999
as submitted
$4.0M
$6.5M

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 154037.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read December 23, 1999.