Velarion Records

Rehabilitation hospital · Kansas City, Missouri · 40 beds · CMS certification number 263026

The Rehabilitation Institute

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2001, settled with audit, stamped by CMS January 19, 2005. Six years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$7.8M
$7,755,740 · G-3 line 3
Operating expenses
$13.3M
$13,315,537 · G-3 line 4
Result from patient care
−$5.6M
−$5,559,797 · G-3 line 5
Margin on patient care
−71.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.8M in its first year on file (1996) to $7.8M in 2001.
  • Its result from patient care: −$1.9M (1999), −$4.7M (2000), −$5.6M (2001).
  • 3 of the 5 rehabilitation hospital peers below with a margin on file also report a loss on patient care for fiscal year 2001.

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

Six years of filings

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

Net patient revenueOperating expenses
1996
settled
$7.8M
$11.8M
1997
settled
$9.3M
$13.4M
1998
settled
$8.2M
$13.2M
1999
as submitted
$11.2M
$13.1M
2000
settled with audit
$8.4M
$13.2M
2001
settled with audit
$7.8M
$13.3M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Missouri first; each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
The Rehabilitation Institute40$7,755,740$13,315,537−71.7%
Encompass Health Rehabilitation Hospital of Gadsden, Gadsden (AL)40$3,234,823$2,486,24723.1%
The Rehabilitation Institute of St. Louis, an Affiliation of BJC Healt, St. Louis80$10,263,140$12,537,710−22.2%
Rusk Rehabilitation Hospital, an Affiliation of Encompass Health and M, Columbia60$12,289,686$13,372,536−8.8%
SSM Rehabilitation Institute, St. Louis80$28,748,137$31,372,278−9.1%
Washoe Village Care Center, Reno (NV)41$13,440,658$7,192,06846.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 263026.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read January 19, 2005.