Velarion Records

Short-term acute care hospital · Metairie, Louisiana · 126 beds · CMS certification number 190182

Lakeside Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2005, reopened, stamped by CMS March 14, 2025. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$22.5M
$22,461,386 · G-3 line 3
Operating expenses
$31.6M
$31,648,921 · G-3 line 4
Result from patient care
−$9.2M
−$9,187,535 · G-3 line 5
Margin on patient care
−40.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $33.4M in its first year on file (1997) to $22.5M in 2005.
  • Its result from patient care: −$5.1M (2003), −$5.7M (2004), −$9.2M (2005).
  • 3 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 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
settled
$33.4M
$28.5M
1998
as submitted
$28.7M
$28.1M
1999
as submitted
$27.0M
$23.9M
2000
as submitted
$23.4M
$26.4M
2001
settled
$24.4M
$26.8M
2002
settled
$27.2M
$28.0M
2003
settled
$24.7M
$29.9M
2004
reopened
$23.2M
$28.9M
2005
reopened
$22.5M
$31.6M

Beside its peers

Short-term acute care hospitals in Louisiana with 100 to 199 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Lakeside Hospital126$22,461,386$31,648,921−40.9%
Ochsner LSU Health Monroe, Monroe126$69,681,032$75,177,291−7.9%
Savoy Medical Center, Mamou132$33,293,791$38,737,127−16.4%
Ochsner Medical Center - Baton Rouge, Baton Rouge130$34,885,795$37,655,211−7.9%
Thibodaux Regional Medical Center, Thibodaux122$88,487,873$76,896,07613.1%
Women S & Children S, Lafayette128$53,852,127$47,480,36711.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 190182.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read March 14, 2025.