Velarion Records

Hospital · Malta, Montana · 25 beds · CMS certification number 271236

Phillips Cah

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 1999, settled, stamped by CMS August 8, 2001. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$2.1M
$2,119,839 · G-3 line 3
Operating expenses
$2.3M
$2,329,532 · G-3 line 4
Result from patient care
−$210K
−$209,693 · G-3 line 5
Margin on patient care
−9.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.7M in its first year on file (1997) to $2.1M in 1999.
  • Its result from patient care: −$156K (1997), −$343K (1998), −$210K (1999).
  • All 5 peers below with a margin on file also report a loss on patient care for fiscal year 1999.

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

Three years of filings

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

Net patient revenueOperating expenses
1997
settled
$1.7M
$1.8M
1998
settled with audit
$2.1M
$2.5M
1999
settled
$2.1M
$2.3M

Beside its peers

Hospitals in Montana with 25 to 49 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Phillips Cah25$2,119,839$2,329,532−9.9%
Barrett Memorial Hospital, Dillon37$8,665,617$9,625,730−11.1%
Johnson County Memorial Hospital, Dillon25$7,474,098$8,017,999−7.3%
Sheridan Memorial, Plentywood25$4,951,699$5,501,255−11.1%
St. Johns Lutheran Hospital, Libby35$7,907,584$8,411,855−6.4%
St. Luke Community Hosp. & NRS HM, Ronan28$12,435,040$12,509,687−0.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 271236.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read August 8, 2001.