Velarion Records

Psychiatric hospital · Meridian, Mississippi · 106 beds · CMS certification number 254006

Laurel Wood Center

Latest filing: fiscal year ended December 31, 1999, settled, stamped by CMS January 15, 2002. Four years on file, all shown below.

Fiscal 1999 at a glance

Net patient revenue $3.2M $3,219,647 · G-3 line 3
Operating expenses $3.7M $3,701,096 · G-3 line 4
Result from patient care −$481K −$481,449 · G-3 line 5
Margin on patient care −14.9% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.0M in its first year on file (1996) to $3.2M in 1999.
  • Its result from patient care: −$452K (1997), −$1.9M (1998), −$481K (1999).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 1999.

How these statements are drawn

Four years of filings

Net patient revenueOperating expenses

1996 reopened margin −10.1% $4.0M $4.4M

1997 settled margin −11.5% $3.9M $4.4M

1998 as submitted margin −68.0% $2.7M $4.6M

1999 settled margin −14.9% $3.2M $3.7M

Beside its peers

Nearest in size, Mississippi first, fiscal year 1999.

Hospital Beds Net patient revenue Operating expenses Margin

Laurel Wood Center 106 $3,219,647 $3,701,096 −14.9%

BHC Sand Hill Hospital, Gulfport 60 $2,916,929 $2,942,278 −0.9%

CBHS Od Arizona / Glendale, Glendale 60 $8,185,123 $10,530,340 −28.6%

CBHS of Mississippi (Jackson), Jackson 111 $12,176,556 $16,606,549 −36.4%

Parkwood Behavioral Health System, Olive Branch 70 $8,111,890 $8,011,667 1.2%

Lakeland Behavioral Health System, Springfield (MO) 106 $11,795,508 $13,574,394 −15.1%

Follow Laurel Wood Center, free

More psychiatric hospitals in Mississippi

File HOSPFY1999.ZIP, form CMS-2552-96, CMS certification number 254006.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read January 15, 2002.