Velarion Records

Short-term acute care hospital · Smith Center, Kansas · 26 beds · CMS certification number 170093

Great Plains of Smith Co.

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2005, settled, stamped by CMS August 4, 2006. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$7.0M
$7,017,642 · G-3 line 3
Operating expenses
$8.4M
$8,371,687 · G-3 line 4
Result from patient care
−$1.4M
−$1,354,045 · G-3 line 5
Margin on patient care
−19.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.3M in its first year on file (1997) to $7.0M in 2005.
  • Its result from patient care: −$526K (2003), −$642K (2004), −$1.4M (2005).
  • 4 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 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
settled
$3.3M
$3.5M
1998
settled
$3.1M
$3.6M
1999
settled
$3.1M
$3.7M
2000
settled
$3.8M
$4.1M
2001
settled
$4.0M
$4.3M
2002
settled
$3.9M
$4.4M
2003
settled
$4.2M
$4.7M
2004
settled
$5.4M
$6.1M
2005
settled
$7.0M
$8.4M

Beside its peers

Short-term acute care hospitals in Kansas with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Great Plains of Smith Co.26$7,017,642$8,371,687−19.3%
Coffey County Hospital, Burlington36$18,829,790$19,511,216−3.6%
Memorial Hospital - Abilene, Abilene33$12,321,910$13,060,532−6.0%
Morris County Hospital, Council Grove28$2,365,707$2,519,535−6.5%
Morton County Health System, Elkhart30$13,190,339$14,298,099−8.4%
South Central KS Regional Med CTR, Arkansas City33$13,534,889$12,953,5654.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 170093.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read August 4, 2006.