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Psychiatric hospital · Ruston, Louisiana · 15 beds · CMS certification number 194065

Health Paradigm Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 22, 2003, settled, stamped by CMS October 16, 2006. Two years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$1.1M
$1,122,637 · G-3 line 3
Operating expenses
$1.4M
$1,397,824 · G-3 line 4
Result from patient care
−$275K
−$275,187 · G-3 line 5
Margin on patient care
−24.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $645K in its first year on file (2002) to $1.1M in 2003.
  • Its result from patient care: −$247K (2002), −$275K (2003).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2003.

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

Two years of filings

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

Net patient revenueOperating expenses
2002
settled
$645K
$892K
2003
settled
$1.1M
$1.4M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Louisiana first; each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Health Paradigm Medical Center15$1,122,637$1,397,824−24.5%
Edgewood Hospital, Marion32$1,588,733$2,260,392−42.3%
Kovvur Inc. D/B/A Greenhill Hospita, Stonewall20$1,947,295$3,831,681−96.8%
St. James Psychiatric Hospital, Lutcher10$2,696,712$2,589,4724.0%
St. Patrick S Psychiatric Hospt., Monroe28$3,975,754$4,046,592−1.8%
Synergy Hospital, Baton Rouge24$748,588$4,219,217−463.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 194065.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read October 16, 2006.