Velarion Records

Psychiatric hospital · Baltimore, Maryland · 109 beds · CMS certification number 214011

Walter P. Carter Center

Latest filing: fiscal year ended June 30, 2009, settled, stamped by CMS October 14, 2010. Thirteen years on file, all shown below.

Fiscal 2009 at a glance

Net patient revenue $990K $989,685 · G-3 line 3
Operating expenses $14.4M $14,374,454 · G-3 line 4
Result from patient care −$13.4M −$13,384,769 · G-3 line 5
Margin on patient care −1352.4% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $306K in its first year on file (1997) to $990K in 2009.
  • Its result from patient care: −$13.4M (2007), −$13.7M (2008), −$13.4M (2009).
  • All 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2009.

How these statements are drawn

Thirteen years of filings

Net patient revenueOperating expenses

1997 settled margin −4621.5% $306K $14.5M

1998 reopened margin −4618.5% $277K $13.1M

1999 settled margin −2603.4% $423K $11.4M

2000 settled margin −2696.5% $419K $11.7M

2001 reopened margin −1952.5% $586K $12.0M

2002 settled margin −1107.1% $1.1M $12.7M

2003 settled margin −4167.0% $314K $13.4M

2004 settled margin −1428.3% $882K $13.5M

2005 settled margin −2012.3% $664K $14.0M

2006 settled margin −3483.3% $403K $14.4M

2007 settled margin −2098.4% $640K $14.1M

2008 settled margin −4359.7% $315K $14.0M

2009 settled margin −1352.4% $990K $14.4M

Beside its peers

Nearest in size, Maryland first, fiscal year 2009.

Hospital Beds Net patient revenue Operating expenses Margin

Walter P. Carter Center 109 $989,685 $14,374,454 −1352.4%

Eastern Shore Hospital Center, Cambridge 80 $1,596,781 $17,375,571 −988.2%

Adventist HC Behavioral Health & Wel, Rockville 107 $38,949,648 $52,351,318 −34.4%

Sheppard Pratt Hospital and Sheppard and Enoch and Pratt Hospital, Towson 414 $94,025,325 $169,835,902 −80.6%

Springfield Hospital Center, Sykesville 522 $4,166,692 $70,954,365 −1602.9%

Thomas B. Finan Center, Cumberland 119 $4,214,083 $22,727,004 −439.3%

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More psychiatric hospitals in Maryland

File HOSPFY2008.ZIP, form CMS-2552-96, CMS certification number 214011.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read October 14, 2010.