Velarion Records

Short-term acute care hospital · Gonzales, Louisiana · 82 beds · CMS certification number 190207

Riverview Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 29, 2000, reopened, stamped by CMS February 27, 2006. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$17.2M
$17,210,302 · G-3 line 3
Operating expenses
$18.9M
$18,923,611 · G-3 line 4
Result from patient care
−$1.7M
−$1,713,309 · G-3 line 5
Margin on patient care
−10.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $22.2M in its first year on file (1997) to $17.2M in 2000.
  • Its result from patient care: −$5.3M (1998), $6.1M (1999), −$1.7M (2000).
  • 2 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 2000.

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

Four years of filings

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

Net patient revenueOperating expenses
1997
as submitted
$22.2M
$22.4M
1998
as submitted
$15.3M
$20.6M
1999
as submitted
$16.3M
$10.2M
2000
reopened
$17.2M
$18.9M

Beside its peers

Short-term acute care hospitals in Louisiana with 50 to 99 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Riverview Medical Center82$17,210,302$18,923,611−10.0%
DRS Hospital of Opelousas, Opelousas85$24,424,814$23,017,7795.8%
Morehouse General Hospital, Bastrop80$26,183,924$31,033,748−18.5%
St. Anne General Hospital, Raceland81$19,877,056$20,057,422−0.9%
Willis-Knighton Bossier, Bossier City99$66,339,292$59,811,8679.8%
CHRISTUS Ochsner Lake Area Hospital, Lake Charles87$21,970,249$17,437,78320.6%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Louisiana

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 190207.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read February 27, 2006.