Velarion Records

Critical access hospital · Ellington, Missouri · 25 beds · CMS certification number 261304

Advanced Healthcare Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2012, settled, stamped by CMS November 11, 2014. Twelve years on file, every one shown below.

Fiscal 2012 at a glance

Net patient revenue
$10.5M
$10,495,804 · G-3 line 3
Operating expenses
$13.3M
$13,320,314 · G-3 line 4
Result from patient care
−$2.8M
−$2,824,510 · G-3 line 5
Margin on patient care
−26.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.4M in its first year on file (2001) to $10.5M in 2012.
  • Its result from patient care: −$1.1M (2010), −$477K (2011), −$2.8M (2012).
  • All 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2012.
  • Medicaid paid for 18.0% of its inpatient days and Medicare for 72.2%.

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

Twelve years of filings

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

Net patient revenueOperating expenses
2001
settled with audit
$1.4M
$2.8M
2002
as submitted
$5.1M
$3.5M
2003
settled
$7.9M
$5.3M
2004
settled
$26.0M
$19.0M
2005
settled
$23.5M
$23.5M
2006
settled
$20.0M
$24.2M
2007
reopened
$18.6M
$22.8M
2008
reopened
$16.9M
$17.4M
2009
settled
$15.7M
$15.9M
2010
settled
$13.2M
$14.3M
2011
settled
$12.8M
$13.2M
2012
settled
$10.5M
$13.3M

Beside its peers

Critical access hospitals in Missouri with 25 to 49 beds, each on fiscal year 2012.

HospitalBedsNet patient revenueOperating expensesMargin
Advanced Healthcare Medical Center25$10,495,804$13,320,314−26.9%
Ellett Memorial Hospital, Appleton25$7,790,513$7,804,627−0.2%
Madison Medical Center, Fredericktown25$16,505,620$16,660,309−0.9%
Pershing Memorial Hospital, Brookfield25$16,696,193$18,646,688−11.7%
Scotland County Hospital, Memphis25$15,252,718$17,492,401−14.7%
Washington County Memorial Hospital, Potosi25$23,284,921$25,257,153−8.5%

Patients and payers

Discharges
274
S-3 line 14, col 15
Inpatient days
1,131
S-3 line 14, col 8
Beds in use, on an average day
3.1
days ÷ days in year
Occupancy
12.4%
days ÷ bed days
Medicare share of days
72.2%
S-3 cols 6 ÷ 8
Medicaid share of days
18.0%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2012.ZIP, form CMS-2552-10, filed under CMS certification number 261304. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2012.ZIP, read November 11, 2014.