Velarion Records

Short-term acute care hospital · Kalispell, Montana · 17 beds · CMS certification number 270087

Healthcenter Northwest

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2020, settled, stamped by CMS January 19, 2024. Seventeen years on file, every one shown below.

Fiscal 2020 at a glance

Net patient revenue
$93.4M
$93,403,753 · G-3 line 3
Operating expenses
$73.8M
$73,752,758 · G-3 line 4
Result from patient care
$19.7M
$19,650,995 · G-3 line 5
Margin on patient care
21.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.7M in its first year on file (2004) to $93.4M in 2020.
  • Its result from patient care: $10.3M (2018), $19.2M (2019), $19.7M (2020).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2020.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
2004
settled
$8.7M
$9.3M
2005
settled
$20.3M
$17.0M
2006
settled
$23.6M
$18.6M
2007
settled
$31.1M
$25.3M
2008
settled
$33.2M
$27.4M
2009
reopened
$35.4M
$29.1M
2010
settled
$37.3M
$30.0M
2011
settled
$39.3M
$31.5M
2012
reopened
$42.5M
$33.4M
2013
reopened
$44.7M
$34.0M
2014
reopened
$47.3M
$34.2M
2015
reopened
$53.2M
$36.8M
2016
settled
$61.1M
$46.8M
2017
settled
$70.6M
$56.9M
2018
settled
$82.5M
$72.2M
2019
settled
$87.7M
$68.5M
2020
settled
$93.4M
$73.8M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Montana first; each on fiscal year 2020.

HospitalBedsNet patient revenueOperating expensesMargin
Healthcenter Northwest17$93,403,753$73,752,75821.0%
Bozeman Health Deaconess Regional Medical Center, Bozeman91$318,459,449$345,816,225−8.6%
Great Falls Clinic Hospital, Great Falls20$88,796,094$79,706,73610.2%
Northern Montana Hospital, Havre49$70,818,938$68,618,0933.1%
Intermountain Health St. James Hospital, Butte69$135,570,644$135,147,9800.3%
St. Peters Health, Helena101$239,931,362$248,196,429−3.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 270087.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read January 19, 2024.