Velarion Records

Psychiatric hospital · Warren, Michigan · 42 beds · CMS certification number 234039

Behavioral Center of Michigan

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 11, 2011, settled, stamped by CMS March 31, 2014. Six years on file, every one shown below.

Fiscal 2011 at a glance

Net patient revenue
$6.2M
$6,155,322 · G-3 line 3
Operating expenses
$5.8M
$5,752,521 · G-3 line 4
Result from patient care
$403K
$402,801 · G-3 line 5
Margin on patient care
6.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.5M in its first year on file (2006) to $6.2M in 2011.
  • Its result from patient care: $567K (2009), $1.2M (2010), $403K (2011).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a gain on patient care for fiscal year 2011.

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

Six years of filings

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

Net patient revenueOperating expenses
2006
settled
$3.5M
$4.8M
2007
settled
$7.9M
$6.6M
2008
settled
$8.8M
$8.8M
2009
settled
$9.5M
$8.9M
2010
settled
$10.3M
$9.0M
2011
settled
$6.2M
$5.8M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Michigan first; each on fiscal year 2011.

HospitalBedsNet patient revenueOperating expensesMargin
Behavioral Center of Michigan42$6,155,322$5,752,5216.5%
Stonecrest Center, Detroit90$16,464,826$14,658,77711.0%
Forest View Psychiatric Hospital, Grand Rapids82$18,645,955$13,489,46927.7%
Harbor Oaks Hospital, New Baltimore71$14,733,881$12,895,99512.5%
Pine Rest Christian Mental Health Services, Grand Rapids56$58,555,794$81,766,334−39.6%
Samaritan Behavioral Center, Detroit55$7,117,468$7,504,872−5.4%

Patients and payers

Discharges
873
S-3 line 14, col 15
Inpatient days
8,053
S-3 line 14, col 8
Beds in use, on an average day
36.3
days ÷ days in year
Occupancy
86.0%
days ÷ bed days
Medicare share of days
38.9%
S-3 cols 6 ÷ 8

Who owns it

Type of control on its cost report: proprietary, corporation.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 234039. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2011.ZIP, read March 31, 2014.