Velarion Records

Short-term acute care hospital · Louisville, Kentucky · 84 beds · CMS certification number 180133

Southwest Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 1999, reopened, stamped by CMS July 28, 2003. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$20.3M
$20,286,793 · G-3 line 3
Operating expenses
$26.3M
$26,301,321 · G-3 line 4
Result from patient care
−$6.0M
−$6,014,528 · G-3 line 5
Margin on patient care
−29.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $13.0M in its first year on file (1996) to $20.3M in 1999.
  • Its result from patient care: $1.3M (1997), −$5.2M (1998), −$6.0M (1999).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports 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
as submitted
$13.0M
$11.4M
1997
as submitted
$27.8M
$26.5M
1998
as submitted
$32.1M
$37.2M
1999
reopened
$20.3M
$26.3M

Beside its peers

Short-term acute care hospitals in Kentucky with 50 to 99 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Southwest Hospital84$20,286,793$26,301,321−29.6%
Clark Regional Medical Center, Winchester87$27,500,201$25,323,7887.9%
CHI Saint Joseph London, London83$49,770,420$47,461,1974.6%
Paintsville Arh Hospital, Paintsville82$25,681,564$19,561,27523.8%
Three Rivers Medical Center, Louisa86$18,439,831$17,446,6135.4%
Whitesburg Arh Hospital, Whitesburg85$25,971,480$25,166,6453.1%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Kentucky

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 180133.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read July 28, 2003.