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Long-term care hospital · Berrien Center, Michigan · 33 beds · CMS certification number 232025

Lakeland Specialty Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2014, settled, stamped by CMS November 5, 2015. Fifteen years on file, every one shown below.

Fiscal 2014 at a glance

Net patient revenue
$5.5M
$5,489,856 · G-3 line 3
Operating expenses
$9.1M
$9,148,768 · G-3 line 4
Result from patient care
−$3.7M
−$3,658,912 · G-3 line 5
Margin on patient care
−66.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $15.6M in its first year on file (2000) to $5.5M in 2014.
  • Its result from patient care: −$1.6M (2012), −$993K (2013), −$3.7M (2014).
  • None of the 5 long-term care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2014.

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

Fifteen years of filings

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

Net patient revenueOperating expenses
2000
settled
$15.6M
$18.2M
2001
settled
$17.7M
$18.3M
2002
settled
$14.2M
$14.1M
2003
settled
$17.6M
$19.3M
2004
settled
$20.6M
$20.8M
2005
settled
$20.8M
$20.2M
2006
settled
$20.5M
$19.0M
2007
settled
$21.8M
$20.7M
2008
settled
$21.8M
$22.3M
2009
settled
$21.5M
$20.8M
2010
settled
$22.0M
$21.0M
2011
settled
$22.4M
$21.9M
2012
settled
$19.6M
$21.2M
2013
settled
$17.2M
$18.2M
2014
settled
$5.5M
$9.1M

Beside its peers

Long-term care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2014.

HospitalBedsNet patient revenueOperating expensesMargin
Lakeland Specialty Hospital33$5,489,856$9,148,768−66.6%
McLaren Bay Special Care, Bay City31$10,714,673$8,825,87917.6%
Select Specialty Hospital - Ann Arbor, Ypsilanti36$19,747,988$14,302,83427.6%
Select Specialty Hospital Macomb County, Mount Clemens36$16,688,840$15,868,3904.9%
SSH - Northwest Detroit, Detroit36$18,022,995$14,486,05419.6%
Select Speciatly Hospital Saginaw, Saginaw32$15,367,047$12,131,41221.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2014.ZIP, form CMS-2552-10, filed under CMS certification number 232025.

How this page was built: the CMS Medicare cost report, file HOSP10FY2014.ZIP, read November 5, 2015.