Velarion Records

Short-term acute care hospital · La Place, Louisiana · 80 beds · CMS certification number 190175

River Parishes

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2014, reopened, stamped by CMS May 3, 2024. Nineteen years on file, every one shown below.

Fiscal 2014 at a glance

Net patient revenue
$27.3M
$27,293,610 · G-3 line 3
Operating expenses
$32.9M
$32,894,446 · G-3 line 4
Result from patient care
−$5.6M
−$5,600,836 · G-3 line 5
Margin on patient care
−20.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $24.3M in its first year on file (1996) to $27.3M in 2014.
  • Its result from patient care: −$3.4M (2012), −$7.1M (2013), −$5.6M (2014).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2014.

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

Nineteen years of filings

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

Net patient revenueOperating expenses
1996
settled
$24.3M
$25.7M
1997
reopened
$29.4M
$30.2M
1998
reopened
$30.7M
$35.1M
1999
reopened
$32.5M
$38.0M
2000
reopened
$26.4M
$27.6M
2001
reopened
$28.2M
$29.9M
2002
reopened
$33.7M
$34.7M
2003
reopened
$39.2M
$35.4M
2004
reopened
$17.2M
$11.6M
2005
reopened
$41.5M
$47.5M
2006
reopened
$45.2M
$41.1M
2007
reopened
$42.7M
$46.6M
2008
settled
$47.0M
$49.2M
2009
reopened
$48.6M
$45.1M
2010
reopened
$49.4M
$52.6M
2011
reopened
$48.2M
$51.2M
2012
reopened
$37.5M
$40.9M
2013
reopened
$31.4M
$38.6M
2014
reopened
$27.3M
$32.9M

Beside its peers

Short-term acute care hospitals in Louisiana with 50 to 99 beds, each on fiscal year 2014.

HospitalBedsNet patient revenueOperating expensesMargin
River Parishes80$27,293,610$32,894,446−20.5%
Dauterive Hospital, New Iberia79$36,530,997$40,564,747−11.0%
Iberia Medical Center, New Iberia99$58,362,454$60,399,248−3.5%
Mercy Regional Medical Center, Ville Platte99$60,782,308$66,668,266−9.7%
Natchitoches Regional Medical Center, Natchitoches81$40,880,776$48,591,360−18.9%
Leonard J. Chabert Medical Center, Houma73$76,495,545$123,016,682−60.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2013.ZIP, form CMS-2552-10, filed under CMS certification number 190175.

How this page was built: the CMS Medicare cost report, file HOSP10FY2013.ZIP, read May 3, 2024.