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Short-term acute care hospital · Laurel, Maryland · 124 beds · CMS certification number 210055

Laurel Regional Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 1, 2019, settled, stamped by CMS January 28, 2021. 23 years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$37.6M
$37,615,934 · G-3 line 3
Operating expenses
$40.5M
$40,465,706 · G-3 line 4
Result from patient care
−$2.8M
−$2,849,772 · G-3 line 5
Margin on patient care
−7.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $55.3M in its first year on file (1997) to $37.6M in 2019.
  • Its result from patient care: −$12.4M (2017), −$3.3M (2018), −$2.8M (2019).
  • 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 2019.

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

23 years of filings

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

Net patient revenueOperating expenses
1997
settled with audit
$55.3M
$54.0M
1998
settled
$56.7M
$55.4M
1999
settled
$53.3M
$58.6M
2000
reopened
$54.3M
$59.3M
2001
settled
$66.1M
$63.5M
2002
settled
$66.7M
$70.3M
2003
settled
$64.0M
$68.8M
2004
settled
$64.2M
$70.1M
2005
settled
$82.6M
$70.3M
2006
settled
$68.2M
$74.4M
2007
settled
$83.0M
$89.8M
2008
settled
$86.7M
$94.1M
2009
settled
$83.0M
$97.3M
2010
settled
$91.9M
$95.9M
2011
settled
$90.8M
$97.5M
2012
settled
$102.6M
$109.8M
2013
settled
$110.1M
$119.0M
2014
settled
$106.7M
$118.9M
2015
settled
$95.0M
$113.7M
2016
settled
$99.9M
$99.7M
2017
settled
$81.7M
$94.0M
2018
settled
$90.1M
$93.4M
2019
settled
$37.6M
$40.5M

Beside its peers

Short-term acute care hospitals in Maryland with 100 to 199 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
Laurel Regional Hospital124$37,615,934$40,465,706−7.6%
University of Maryland Rehabilitation and Orthopaedic Institute, Baltimore137$109,644,319$109,259,5750.4%
Levindale Hebrew Geriatric Center & Hospital, Baltimore120$81,324,952$80,264,5521.3%
Medstar Harbor Hospital, Baltimore129$178,538,394$190,167,135−6.5%
Medstar Montgomery Medical Center, Olney117$165,604,110$164,850,6440.4%
University of Maryland Upper Chesapeake Medical Center, Bel Air149$276,845,230$253,180,7978.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2018.ZIP, form CMS-2552-10, filed under CMS certification number 210055.

How this page was built: the CMS Medicare cost report, file HOSP10FY2018.ZIP, read January 28, 2021.