Velarion Records

Psychiatric hospital · Topeka, Kansas · 95 beds · CMS certification number 174003

Menninger Clinic

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, settled, stamped by CMS April 22, 2003. Four years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$34.2M
$34,179,419 · G-3 line 3
Operating expenses
$80.5M
$80,538,725 · G-3 line 4
Result from patient care
−$46.4M
−$46,359,306 · G-3 line 5
Margin on patient care
−135.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $48.4M in its first year on file (1997) to $34.2M in 2001.
  • Its result from patient care: −$25.0M (1999), −$34.3M (2000), −$46.4M (2001).
  • 3 of the 5 psychiatric 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.

Four years of filings

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

Net patient revenueOperating expenses
1997
settled with audit
$48.4M
$64.4M
1999
settled with audit
$61.4M
$86.4M
2000
as submitted
$57.2M
$91.5M
2001
settled
$34.2M
$80.5M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Kansas first; each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Menninger Clinic95$34,179,419$80,538,725−135.6%
Aurora Charter Oak Hospital, Covina (CA)95$5,424,582$5,128,5385.5%
Circles of Care, Melbourne (FL)95$27,464,898$23,127,56515.8%
Potomac Ridge Behavioral Health, Rockville (MD)96$14,079,079$17,847,840−26.8%
Prairie View, Newton60$10,149,943$18,359,678−80.9%
Rainbow Mental Health Facility, Kansas City60$977,942$6,574,640−572.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 174003.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read April 22, 2003.