Velarion Records

Short-term acute care hospital · Ortonville, Minnesota · 31 beds · CMS certification number 240111

Ortonville Area Health Services

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2002, reopened, stamped by CMS January 24, 2006. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$8.7M
$8,656,190 · G-3 line 3
Operating expenses
$8.4M
$8,379,240 · G-3 line 4
Result from patient care
$277K
$276,950 · G-3 line 5
Margin on patient care
3.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.1M in its first year on file (1996) to $8.7M in 2002.
  • Its result from patient care: $265K (2000), $341K (2001), $277K (2002).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2002.

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
1996
reopened
$6.1M
$6.0M
1997
reopened
$4.9M
$4.6M
1998
reopened
$6.7M
$6.3M
1999
settled
$7.0M
$6.9M
2000
settled
$7.5M
$7.2M
2001
reopened
$8.0M
$7.7M
2002
reopened
$8.7M
$8.4M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Ortonville Area Health Services31$8,656,190$8,379,2403.2%
Buffalo Hospital, Buffalo34$29,862,922$27,596,5707.6%
Glacial Ridge Hospital, Glenwood32$6,033,783$8,152,761−35.1%
Sleepy Eye Municipal Hospital, Sleepy Eye33$3,848,853$3,956,733−2.8%
St. Elizabeth Hosp. of Wabasha, Wabasha31$8,471,572$8,590,548−1.4%
Swift County - Benson, Benson31$6,215,977$5,707,9508.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 240111.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read January 24, 2006.