Velarion Records

Short-term acute care hospital · Whitefish, Montana · 43 beds · CMS certification number 270040

North Valley Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2003, settled, stamped by CMS September 30, 2004. Seven years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$16.0M
$15,955,348 · G-3 line 3
Operating expenses
$17.5M
$17,533,840 · G-3 line 4
Result from patient care
−$1.6M
−$1,578,492 · G-3 line 5
Margin on patient care
−9.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $12.2M in its first year on file (1997) to $16.0M in 2003.
  • Its result from patient care: −$558K (2001), −$709K (2002), −$1.6M (2003).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2003.

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

Seven years of filings

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

Net patient revenueOperating expenses
1997
settled
$12.2M
$13.3M
1998
settled with audit
$12.6M
$14.1M
1999
settled
$12.6M
$14.2M
2000
settled
$13.7M
$14.6M
2001
reopened
$15.4M
$15.9M
2002
settled
$17.5M
$18.2M
2003
settled
$16.0M
$17.5M

Beside its peers

Short-term acute care hospitals in Montana with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
North Valley Hospital43$15,955,348$17,533,840−9.9%
Central Montana Medical Center, Lewistown47$17,829,886$18,385,442−3.1%
Holy Rosary Healthcare, Miles City44$23,398,820$22,798,0232.6%
Marcus Daly Memorial Hospital, Hamilton48$23,799,462$24,673,664−3.7%
Sidney Health Center, Sidney42$24,901,746$24,628,8411.1%
St. Joseph Hospital, Polson40$12,314,776$13,648,634−10.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 270040.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read September 30, 2004.