Velarion Records

Short-term acute care hospital · Blue Earth, Minnesota · 43 beds · CMS certification number 240162

United Hospital District

Latest filing: fiscal year ended June 30, 2005, settled, stamped by CMS November 21, 2006. Ten years on file, all shown below.

Fiscal 2005 at a glance

Net patient revenue $6.6M $6,641,257 · G-3 line 3
Operating expenses $6.6M $6,609,717 · G-3 line 4
Result from patient care $32K $31,540 · G-3 line 5
Margin on patient care 0.5% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.2M in its first year on file (1996) to $6.6M in 2005.
  • From fiscal year 2004 to fiscal year 2005 its net patient revenue fell 50.0%.
  • Its result from patient care: $1.2M (2003), −$559K (2004), $32K (2005).
  • 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 2005.
  • In its fiscal 2005 filing, its $6.6M net patient revenue sits at the 28th percentile of 67 hospitals in MN, same facility class, 25 to 49 beds.

How these statements are drawn

Ten years of filings

Net patient revenueOperating expenses

1996 reopened margin −4.3% $7.2M $7.5M

1997 reopened margin −0.9% $8.3M $8.3M

1998 settled margin −8.1% $9.4M $10.2M

1999 reopened margin −10.6% $9.8M $10.8M

2000 settled margin 12.3% $12.5M $10.9M

2001 settled margin 8.0% $13.4M $12.4M

2002 reopened margin 8.3% $14.0M $12.8M

2003 reopened margin 8.4% $14.8M $13.6M

2004 reopened margin −4.2% $13.3M $13.8M

2005 settled margin 0.5% $6.6M $6.6M

Beside its peers

Short-term acute care hospitals in Minnesota with 25 to 49 beds, fiscal year 2005.

Hospital Beds Net patient revenue Operating expenses Margin

United Hospital District 43 $6,641,257 $6,609,717 0.5%

Hutchinson Health Hospital, Hutchinson 46 $57,649,407 $56,915,615 1.3%

Kanabec Hospital, Mora 40 $5,685,145 $5,819,767 −2.4%

Northwest Medical Center, Thief River Falls 36 $24,725,259 $29,862,045 −20.8%

Pipestone County Medical Center, Pipestone 44 $9,964,767 $9,475,752 4.9%

Sanford Worthington Medical Center, Worthington 46 $20,979,191 $20,248,561 3.5%

Follow United Hospital District, free

More short-term acute care hospitals in Minnesota

File HOSPFY2005.ZIP, form CMS-2552-96, CMS certification number 240162.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read November 21, 2006.