Velarion Records

Short-term acute care hospital · Holly Springs, Mississippi · CMS certification number 250779

Alliance Healthcare System

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2024, settled, stamped by CMS January 7, 2025. Two years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$2.4M
$2,447,030 · G-3 line 3
Operating expenses
$2.7M
$2,662,393 · G-3 line 4
Result from patient care
−$215K
−$215,363 · G-3 line 5
Margin on patient care
−8.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.1M in its first year on file (2023) to $2.4M in 2024.
  • Its result from patient care: −$1.9M (2023), −$215K (2024).

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

Two years of filings

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

Net patient revenueOperating expenses
2023
settled
$7.1M
$9.0M
2024
settled
$2.4M
$2.7M

Who owns it

Related organizations on its own cost report: DR. KENNETH WIL (100%), hospital mgt co; DR. KENNETH WIL (100%), rhc & kapstone; DR. KENNETH WIL (100%), bldg rentals.

Type of control on its cost report: proprietary, corporation.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 250779. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read January 7, 2025.