Velarion Records

Psychiatric hospital · South Bend, Indiana · 16 beds · CMS certification number 154049

Riverside

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2010, settled, stamped by CMS October 21, 2011. Eleven years on file, every one shown below.

Fiscal 2010 at a glance

Net patient revenue
$1.7M
$1,737,799 · G-3 line 3
Operating expenses
$1.6M
$1,561,810 · G-3 line 4
Result from patient care
$176K
$175,989 · G-3 line 5
Margin on patient care
10.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $467K in its first year on file (2000) to $1.7M in 2010.
  • Its result from patient care: $205K (2008), $365K (2009), $176K (2010).
  • None of the 5 psychiatric hospital peers below with a margin on file reports a gain on patient care for fiscal year 2010.

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
2000
settled
$467K
$916K
2001
settled
$1.7M
$1.5M
2002
settled
$1.9M
$1.5M
2003
settled
$1.7M
$1.6M
2004
settled
$2.2M
$1.8M
2005
settled
$2.1M
$1.9M
2006
settled
$2.2M
$2.0M
2007
settled
$1.6M
$1.8M
2008
settled
$1.9M
$1.7M
2009
settled
$2.1M
$1.7M
2010
settled
$1.7M
$1.6M

Beside its peers

Psychiatric hospitals in Indiana with under 25 beds, each on fiscal year 2010.

HospitalBedsNet patient revenueOperating expensesMargin
Riverside16$1,737,799$1,561,81010.1%
Incompass Healthcare, Lawrenceburg16$9,380,777$14,865,661−58.5%
Hamilton Center, Terre Haute16$19,775,849$34,356,977−73.7%
Meridian Services, Muncie20$14,803,340$27,116,023−83.2%
River Bend Hospital, West Lafayette16$2,323,745$7,237,445−211.5%
Otis R Bowen Center for Human Services, Warsaw16$21,875,485$25,470,536−16.4%

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More psychiatric hospitals in Indiana

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2009.ZIP, form CMS-2552-96, filed under CMS certification number 154049.

How this page was built: the CMS Medicare cost report, file HOSPFY2009.ZIP, read October 21, 2011.