Velarion Records

Short-term acute care hospital · Falls City, Nebraska · 35 beds · CMS certification number 280017

Community Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2001, reopened, stamped by CMS July 20, 2005. Five years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$9.0M
$9,012,506 · G-3 line 3
Operating expenses
$9.9M
$9,912,024 · G-3 line 4
Result from patient care
−$900K
−$899,518 · G-3 line 5
Margin on patient care
−10.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.4M in its first year on file (1997) to $9.0M in 2001.
  • Its result from patient care: −$247K (1999), −$546K (2000), −$900K (2001).
  • 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 2001.

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

Five years of filings

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

Net patient revenueOperating expenses
1997
settled
$7.4M
$6.8M
1998
as submitted
$7.3M
$7.1M
1999
as submitted
$7.6M
$7.9M
2000
settled
$7.5M
$8.1M
2001
reopened
$9.0M
$9.9M

Beside its peers

Short-term acute care hospitals in Nebraska with 25 to 49 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Community Medical Center35$9,012,506$9,912,024−10.0%
BSDC Hospital, Beatrice31$22,979,667$35,488,766−54.4%
Cherry County Hospital, Valentine36$6,769,646$6,179,3198.7%
Memorial Community Hospital, Blair29$12,616,632$15,326,834−21.5%
Osmond General Hospital, Osmond37$2,925,710$2,996,596−2.4%
Pender Comm Hosp Dist, Pender38$4,523,564$4,513,8390.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 280017.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read July 20, 2005.