Velarion Records

Short-term acute care hospital · Cut Bank, Montana · 20 beds · CMS certification number 270082

Northern Rockies

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 6, 2004, settled, stamped by CMS July 14, 2005. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$4.1M
$4,104,156 · G-3 line 3
Operating expenses
$4.8M
$4,797,524 · G-3 line 4
Result from patient care
−$693K
−$693,368 · G-3 line 5
Margin on patient care
−16.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.7M in its first year on file (1997) to $4.1M in 2004.
  • Its result from patient care: −$536K (2002), −$1.2M (2003), −$693K (2004).
  • 4 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 2004.

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

Eight years of filings

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

Net patient revenueOperating expenses
1997
reopened
$4.7M
$5.1M
1998
settled
$4.8M
$5.3M
1999
settled
$5.3M
$5.8M
2000
settled
$6.6M
$6.8M
2001
reopened
$6.0M
$7.1M
2002
reopened
$6.7M
$7.3M
2003
settled
$7.0M
$8.2M
2004
settled
$4.1M
$4.8M

Beside its peers

Short-term acute care hospitals in Montana with under 25 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Northern Rockies20$4,104,156$4,797,524−16.9%
Big Horn County Memorial Hospital, Hardin16$3,788,102$4,508,167−19.0%
Great Falls Clinic Hospital, Great Falls20$3,244,457$4,423,943−36.4%
Healthcenter Northwest, Kalispell18$8,672,726$9,322,326−7.5%
Northeast Montana Healthcare Hospita, Wolf Point20$12,815,540$11,295,92911.9%
Roundup Memorial Hospital, Roundup11$4,436,098$4,852,184−9.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 270082.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read July 14, 2005.