Velarion Records

Short-term acute care hospital · New Orleans, Louisiana · 140 beds · CMS certification number 190200

Lakeland Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2004, reopened, stamped by CMS August 17, 2016. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$41.9M
$41,871,873 · G-3 line 3
Operating expenses
$45.3M
$45,310,276 · G-3 line 4
Result from patient care
−$3.4M
−$3,438,403 · G-3 line 5
Margin on patient care
−8.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $50.4M in its first year on file (1996) to $41.9M in 2004.
  • Its result from patient care: −$9.2M (2001), $1.7M (2002), −$3.4M (2004).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2004.

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

Eight years of filings

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

Net patient revenueOperating expenses
1996
as submitted
$50.4M
$44.9M
1997
as submitted
$54.1M
$44.0M
1998
as submitted
$45.5M
$50.9M
1999
reopened
$39.0M
$44.7M
2000
as submitted
$42.7M
$44.5M
2001
reopened
$37.8M
$47.0M
2002
reopened
$45.5M
$43.8M
2004
reopened
$41.9M
$45.3M

Beside its peers

Short-term acute care hospitals in Louisiana with 100 to 199 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Lakeland Medical Center140$41,871,873$45,310,276−8.2%
Ochsner Acadia General Hospital, Crowley140$30,807,827$29,968,8312.7%
Lakeview Regional Medical Center, Covington148$84,060,887$85,385,151−1.6%
Northern Louisiana Medical Center, Ruston146$53,798,145$50,220,8406.7%
Opelousas General Health System, Opelousas140$68,238,423$64,056,7326.1%
Ochsner St. Mary, Morgan City144$35,522,770$33,979,0324.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 190200.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read August 17, 2016.