Velarion Records

Short-term acute care hospital · Louisville, Kentucky · 215 beds · CMS certification number 180123

Suburban Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 1999, settled, stamped by CMS February 13, 2003. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$80.3M
$80,315,427 · G-3 line 3
Operating expenses
$89.8M
$89,760,748 · G-3 line 4
Result from patient care
−$9.4M
−$9,445,321 · G-3 line 5
Margin on patient care
−11.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $80.5M in its first year on file (1996) to $80.3M in 1999.
  • Its result from patient care: −$1.6M (1997), −$8.4M (1998), −$9.4M (1999).
  • 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 1999.

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
1996
reopened
$80.5M
$82.8M
1997
settled
$81.8M
$83.4M
1998
as submitted
$50.2M
$58.6M
1999
settled
$80.3M
$89.8M

Beside its peers

Short-term acute care hospitals in Kentucky with 200 to 399 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Suburban Medical Center215$80,315,427$89,760,748−11.8%
Caritas Medical Center Amended, Louisville206$96,732,442$100,257,277−3.6%
Tristar Greenview Regional Hospital, Bowling Green229$43,882,935$47,835,344−9.0%
Ovation Healthcare, Hopkinsville214$57,414,046$50,015,60012.9%
Pikeville Medical Center, Pikeville221$81,098,077$89,446,672−10.3%
University of Louisville Hospital, Louisville265$171,627,580$187,315,745−9.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 180123.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read February 13, 2003.