Velarion Records

Rehabilitation hospital · Southfield, Michigan · 45 beds · CMS certification number 233028

Oakland Regional Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 31, 2006, settled, stamped by CMS December 28, 2007. Eleven years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$13.5M
$13,493,159 · G-3 line 3
Operating expenses
$10.5M
$10,518,421 · G-3 line 4
Result from patient care
$3.0M
$2,974,738 · G-3 line 5
Margin on patient care
22.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.5M in its first year on file (1996) to $13.5M in 2006.
  • Its result from patient care: −$397K (2003), −$3.2M (2004), $3.0M (2006).
  • 2 of the 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2006.

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

Eleven years of filings

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

Net patient revenueOperating expenses
1996
reopened
$10.5M
$10.4M
1997
settled
$11.7M
$10.1M
1998
settled
$8.6M
$9.5M
1999
settled
$7.1M
$10.3M
2000
settled
$10.0M
$10.5M
2001
settled
$11.6M
$11.8M
2002
reopened
$11.1M
$11.1M
2003
reopened
$8.8M
$9.2M
2004
settled
$2.9M
$6.2M
2005
settled
not filed
not filed
2006
settled
$13.5M
$10.5M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Michigan first; each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
Oakland Regional Hospital45$13,493,159$10,518,42122.1%
Encompass Health Rehabilitation Hospital of Miami, Miami (FL)45$14,879,967$13,662,4048.2%
Mary Free Bed Rehabilitation Hospital, Grand Rapids80$30,880,586$30,635,4010.8%
Rehabilitation Institute of Michigan, Detroit94$53,607,770$59,591,049−11.2%
Rogers City Rehabilitation Hospital, Rogers City25$4,145,420$5,171,433−24.8%
SW Michigan Rehab Hospital, Battle Creek26$9,440,679$10,516,217−11.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 233028.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read December 28, 2007.