Velarion Records

Critical access hospital · Carlisle, Kentucky · 16 beds · CMS certification number 181303

Nicholas Co Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2013, settled, stamped by CMS October 19, 2016. Fourteen years on file, every one shown below.

Fiscal 2013 at a glance

Net patient revenue
$7.2M
$7,196,908 · G-3 line 3
Operating expenses
$8.2M
$8,238,401 · G-3 line 4
Result from patient care
−$1.0M
−$1,041,493 · G-3 line 5
Margin on patient care
−14.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.6M in its first year on file (2000) to $7.2M in 2013.
  • Its result from patient care: −$1.0M (2011), −$1.1M (2012), −$1.0M (2013).
  • 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2013.

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

Fourteen years of filings

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

Net patient revenueOperating expenses
2000
settled
$1.6M
$1.6M
2001
reopened
$8.3M
$8.3M
2002
settled
$8.3M
$8.9M
2003
settled
$8.5M
$9.0M
2004
reopened
$8.6M
$9.4M
2005
reopened
$9.8M
$10.5M
2006
settled
$10.0M
$10.4M
2007
settled
$9.9M
$10.1M
2008
settled
$10.6M
$10.7M
2009
settled
$10.3M
$10.8M
2010
settled
$9.4M
$10.9M
2011
settled
$6.5M
$7.6M
2012
settled
$6.6M
$7.6M
2013
settled
$7.2M
$8.2M

Beside its peers

Hospitals of the same type (critical access hospital), nearest in size, from Kentucky first; each on fiscal year 2013.

HospitalBedsNet patient revenueOperating expensesMargin
Nicholas Co Hospital16$7,196,908$8,238,401−14.5%
Breckinridge Health, Hardinsburg23$15,882,989$17,320,948−9.0%
Casey County Hospital District, Liberty24$15,320,536$17,653,521−15.2%
The James B Haggin Memorial Hospital, Harrodsburg25$19,019,503$21,822,544−14.7%
Mercy Health-Marcum and Wallace Hospital, Irvine25$17,387,449$17,731,431−2.0%
St. Elizabeth Healthcare Grant, Williamstown16$17,104,390$14,763,07613.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2013.ZIP, form CMS-2552-10, filed under CMS certification number 181303.

How this page was built: the CMS Medicare cost report, file HOSP10FY2013.ZIP, read October 19, 2016.