Velarion Records

Critical access hospital · Lancaster, Kentucky · 15 beds · CMS certification number 181300

Garrard County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 28, 2003, settled, stamped by CMS February 25, 2005. Three years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$424K
$423,560 · G-3 line 3
Operating expenses
$1.0M
$1,045,700 · G-3 line 4
Result from patient care
−$622K
−$622,140 · G-3 line 5
Margin on patient care
−146.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $6.3M in its first year on file (2001) to $424K in 2003.
  • Its result from patient care: −$941K (2001), −$373K (2002), −$622K (2003).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2003.

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

Three years of filings

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

Net patient revenueOperating expenses
2001
reopened
$6.3M
$7.2M
2002
reopened
$4.2M
$4.5M
2003
settled
$424K
$1.0M

Beside its peers

Critical access hospitals in Kentucky with under 25 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Garrard County Hospital15$423,560$1,045,700−146.9%
Breckinridge Health, Hardinsburg23$959,807$873,6389.0%
Casey County Hospital District, Liberty15$6,600,948$6,130,2787.1%
Morgan County Arh Hospital, West Liberty20$11,942,664$14,946,845−25.2%
Nicholas Co Hospital, Carlisle18$8,461,539$8,968,007−6.0%
Trigg County Hospital, Cadiz15$6,134,630$6,490,312−5.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 181300.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read February 25, 2005.