Velarion Records

Short-term acute care hospital · Berrien Center, Michigan · 55 beds · CMS certification number 230287

Lakeland Specialty Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1999, settled, stamped by CMS July 10, 2002. One year on file.

Fiscal 1999 at a glance

Net patient revenue
$6.8M
$6,820,987 · G-3 line 3
Operating expenses
$10.2M
$10,205,794 · G-3 line 4
Result from patient care
−$3.4M
−$3,384,807 · G-3 line 5
Margin on patient care
−49.6%
line 5 ÷ line 3, same filing

What stands out

  • 2 of the 5 short-term acute care 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.

Beside its peers

Short-term acute care hospitals in Michigan with 50 to 99 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Lakeland Specialty Hospital55$6,820,987$10,205,794−49.6%
Chelsea Hospital, Chelsea62$39,723,853$44,837,005−12.9%
Corewell Health Watervliet Hospital, Watervliet55$19,443,691$19,332,4460.6%
Gerber Memorial Health Services, Fremont57$26,485,688$28,075,615−6.0%
Corewell Health Greenville Hospital, Greenville55$28,017,473$26,861,7844.1%
Corewell Health Zeeland Hospital, Zeeland57$24,167,927$23,748,6631.7%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Michigan

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 230287.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read July 10, 2002.