Velarion Records

Critical access hospital · Sweet Springs, Missouri · 15 beds · CMS certification number 261334

Cah #6 - I70

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 6, 2019, settled, stamped by CMS March 24, 2021. Fourteen years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$1.2M
$1,218,874 · G-3 line 3
Operating expenses
$3.0M
$2,955,141 · G-3 line 4
Result from patient care
−$1.7M
−$1,736,267 · G-3 line 5
Margin on patient care
−142.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.6M in its first year on file (2006) to $1.2M in 2019.
  • Its result from patient care: −$1.6M (2017), −$2.4M (2018), −$1.7M (2019).
  • 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2019.

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

Fourteen years of filings

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

Net patient revenueOperating expenses
2006
reopened
$4.6M
$5.6M
2007
settled
$5.8M
$6.4M
2008
settled
$6.0M
$7.1M
2009
reopened
$4.8M
$5.0M
2010
settled
$5.9M
$6.5M
2011
settled
not filed
$7.4M
2012
reopened
$7.4M
$7.7M
2013
reopened
$10.1M
$8.4M
2014
settled
$6.4M
$8.6M
2015
settled
$6.1M
$9.2M
2016
settled with audit
$5.5M
$8.5M
2017
settled
$7.5M
$9.1M
2018
settled
$6.6M
$9.0M
2019
settled
$1.2M
$3.0M

Beside its peers

Critical access hospitals in Missouri with under 25 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
Cah #6 - I7015$1,218,874$2,955,141−142.5%
Community Hospital Association, Fairfax16$18,638,444$20,542,043−10.2%
Iron County Medical Center, Pilot Knob15$13,238,048$14,760,009−11.5%
Mercy Hospital Cassville, Cassville18$15,344,733$14,771,7953.7%
Putnam County Memorial Hospital, Unionville15$7,464,838$8,315,395−11.4%
Sullivan County Memorial Hospital, Milan16$7,795,603$8,874,331−13.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 261334.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read March 24, 2021.