Velarion Records

Psychiatric hospital · Lafayette, Louisiana · 116 beds · CMS certification number 194028

Charter BHS of Cypress

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 1999, as submitted, stamped by CMS August 10, 2000. Five years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$5.4M
$5,411,509 · G-3 line 3
Operating expenses
$5.5M
$5,502,097 · G-3 line 4
Result from patient care
−$91K
−$90,588 · G-3 line 5
Margin on patient care
−1.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.4M in its first year on file (1996) to $1.6M in 2000.
  • Its result from patient care: $320K (1998), −$91K (1999), −$866K (2000).
  • All 4 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 1999.

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

Five years of filings

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

Net patient revenueOperating expenses
1996
settled
$9.4M
$9.2M
1997
as submitted
$6.6M
$6.5M
1998
as submitted
$6.2M
$5.9M
1999
as submitted
$5.4M
$5.5M
2000
as submitted
$1.6M
$2.4M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Louisiana first; each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Charter BHS of Cypress116$5,411,509$5,502,097−1.7%
Charter Bayou Oaks BHS, Houma98$1,523,169$2,006,201−31.7%
Brentwood Hospital, Shreveport200$9,811,889$9,988,904−1.8%
Meadow Wood Hospital, Baton Rouge80$4,774,815$7,124,278−49.2%
River Oaks Hospital, Harahan100$9,748,520$10,073,066−3.3%
Northlake Behavioral Health System, Mandeville231$27,561,274

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 194028.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read August 10, 2000.