Velarion Records

Short-term acute care hospital · Deer River, Minnesota · 20 beds · CMS certification number 240154

Deer River Health Care Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2004, settled, stamped by CMS February 7, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$12.3M
$12,307,798 · G-3 line 3
Operating expenses
$11.7M
$11,654,505 · G-3 line 4
Result from patient care
$653K
$653,293 · G-3 line 5
Margin on patient care
5.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.0M in its first year on file (1996) to $12.3M in 2004.
  • Its result from patient care: $175K (2002), −$212K (2003), $653K (2004).
  • 3 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 2004.

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

Nine years of filings

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

Net patient revenueOperating expenses
1996
reopened
$6.0M
$6.2M
1997
reopened
$6.2M
$6.6M
1998
settled
$6.4M
$7.0M
1999
settled
$7.0M
$7.2M
2000
reopened
$7.5M
$7.8M
2001
reopened
$8.4M
$8.8M
2002
reopened
$9.6M
$9.4M
2003
reopened
$10.9M
$11.1M
2004
settled
$12.3M
$11.7M

Beside its peers

Short-term acute care hospitals in Minnesota with under 25 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Deer River Health Care Center20$12,307,798$11,654,5055.3%
Eleah Medical Center, Elbow Lake20$4,862,806$6,285,046−29.3%
Madison Lutheran Home, Madison12$10,508,283$10,060,3534.3%
Minnesota Valley Health Center, Le Sueur24$6,537,070$7,381,308−12.9%
Phillips Eye Institute, Minneapolis10$24,512,002$23,447,3844.3%
Springfield Medical Center, Springfield24$8,064,486$7,866,4672.5%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Minnesota

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 240154.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read February 7, 2006.