Velarion Records

Short-term acute care hospital · Le Sueur, Minnesota · 16 beds · CMS certification number 240021

Minnesota Valley Health Center

Latest filing: fiscal year ended August 31, 2005, settled, stamped by CMS January 24, 2007. Ten years on file, all shown below.

Fiscal 2005 at a glance

Net patient revenue $6.1M $6,142,974 · G-3 line 3
Operating expenses $7.1M $7,120,943 · G-3 line 4
Result from patient care −$978K −$977,969 · G-3 line 5
Margin on patient care −15.9% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.2M in its first year on file (1996) to $6.1M in 2005.
  • Its result from patient care: −$792K (2003), −$844K (2004), −$978K (2005).
  • 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 2005.

How these statements are drawn

Ten years of filings

Net patient revenueOperating expenses

1996 reopened margin −7.5% $5.2M $5.5M

1997 reopened margin −8.7% $4.5M $4.9M

1998 reopened margin −12.0% $4.5M $5.0M

1999 reopened margin −9.8% $5.0M $5.5M

2000 settled margin −6.3% $5.7M $6.1M

2001 settled margin −6.8% $5.8M $6.2M

2002 settled margin −6.6% $6.5M $7.0M

2003 settled margin −12.8% $6.2M $7.0M

2004 settled margin −12.9% $6.5M $7.4M

2005 settled margin −15.9% $6.1M $7.1M

Beside its peers

Nearest in size, Minnesota first, fiscal year 2005.

Hospital Beds Net patient revenue Operating expenses Margin

Minnesota Valley Health Center 16 $6,142,974 $7,120,943 −15.9%

Eleah Medical Center, Elbow Lake 20 $5,122,873 $6,204,402 −21.1%

Lakeside Medical Center, Pine City 10 $5,391,954 $5,740,626 −6.5%

Madison Lutheran Home, Madison 12 $11,740,757 $10,935,358 6.9%

Phillips Eye Institute, Minneapolis 9 $24,968,313 $24,345,751 2.5%

St. Francis Medical Center, Breckenridge 25 $23,241,242 $23,072,086 0.7%

Follow Minnesota Valley Health Center, free

More short-term acute care hospitals in Minnesota

File HOSPFY2005.ZIP, form CMS-2552-96, CMS certification number 240021.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read January 24, 2007.