Velarion Records

Short-term acute care hospital · Canby, Minnesota · 27 beds · CMS certification number 240077

Sioux Valley - Canby Campus

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2003, reopened, stamped by CMS August 15, 2006. Seven years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$13.4M
$13,398,815 · G-3 line 3
Operating expenses
$13.7M
$13,692,305 · G-3 line 4
Result from patient care
−$293K
−$293,490 · G-3 line 5
Margin on patient care
−2.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.1M in its first year on file (1997) to $13.4M in 2003.
  • Its result from patient care: $128K (2001), −$90K (2002), −$293K (2003).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2003.

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

Seven years of filings

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

Net patient revenueOperating expenses
1997
reopened
$6.1M
$6.2M
1998
reopened
$6.5M
$7.0M
1999
settled
$7.7M
$8.4M
2000
reopened
$9.2M
$9.7M
2001
settled
$10.3M
$10.2M
2002
settled
$11.4M
$11.5M
2003
reopened
$13.4M
$13.7M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Sioux Valley - Canby Campus27$13,398,815$13,692,305−2.2%
Luverne Community Hospital, Luverne28$10,300,831$9,158,68211.1%
Mille Lacs Hospital, Onamia28$20,618,978$20,029,0792.9%
Northfield Hospital, Northfield25$31,486,786$29,644,7725.9%
St. Francis Medical Center, Breckenridge25$21,799,400$20,912,9494.1%
St. Michael S Hospital, Sauk Centre28$10,446,049$10,412,5820.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 240077.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read August 15, 2006.