Velarion Records

Short-term acute care hospital · Detroit, Michigan · 180 beds · CMS certification number 230063

SJHS-Saratoga Campus

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1998, reopened, stamped by CMS September 29, 2004. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$43.1M
$43,129,347 · G-3 line 3
Operating expenses
$52.7M
$52,699,622 · G-3 line 4
Result from patient care
−$9.6M
−$9,570,275 · G-3 line 5
Margin on patient care
−22.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $35.2M in its first year on file (1996) to $43.1M in 1998.
  • Its result from patient care: −$2.7M (1996), −$1.7M (1997), −$9.6M (1998).
  • 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 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
reopened
$35.2M
$37.9M
1997
reopened
$33.4M
$35.1M
1998
reopened
$43.1M
$52.7M

Beside its peers

Short-term acute care hospitals in Michigan with 100 to 199 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
SJHS-Saratoga Campus180$43,129,347$52,699,622−22.2%
Bronson Battle Creek Hospital, Battle Creek179$120,284,610$116,201,0983.4%
McLaren Lapeer Region, Lapeer183$49,393,440$48,207,2762.4%
Mercy Hospital, Detroit189$108,549,723$126,255,932−16.3%
Promedica Monroe Regional Hospital, Monroe179$68,276,539$66,806,2452.1%
North Oakland Medical Centers, Pontiac183$102,889,563$101,166,3441.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 230063.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read September 29, 2004.