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Psychiatric hospital · Detroit, Michigan · 124 beds · CMS certification number 234019

Detroit Psychiatric Institute

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 29, 1997, reopened, stamped by CMS January 7, 2002. Two years on file, every one shown below.

Fiscal 1997 at a glance

Net patient revenue
$187K
$187,312 · G-3 line 3
Operating expenses
$19.0M
$18,973,339 · G-3 line 4
Result from patient care
−$18.8M
−$18,786,027 · G-3 line 5
Margin on patient care
−10029.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $198K in its first year on file (1996) to $187K in 1997.
  • Its result from patient care: −$21.6M (1996), −$18.8M (1997).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 1997.

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

Two years of filings

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

Net patient revenueOperating expenses
1996
reopened
$198K
$21.8M
1997
reopened
$187K
$19.0M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Michigan first; each on fiscal year 1997.

HospitalBedsNet patient revenueOperating expensesMargin
Detroit Psychiatric Institute124$187,312$18,973,339−10029.3%
Caro Psychiatric Hospital, Caro116$872,699$41,241,725−4625.8%
Havenwyck Hospital, Auburn Hills122$12,208,878$11,722,6294.0%
Kalamazoo Psychiatric Hospital, Kalamazoo182$459,052$28,988,504−6214.9%
Pine Rest Christian Mental Health Services, Grand Rapids106$23,920,980$29,495,984−23.3%
Walter P Reuther Psychiatric Hospital, Westland250$25,369,661$25,665,721−1.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 234019.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read January 7, 2002.