Velarion Records

Short-term acute care hospital · Mccook, Nebraska · 44 beds · CMS certification number 280021

Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2005, reopened, stamped by CMS October 16, 2007. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$20.8M
$20,848,723 · G-3 line 3
Operating expenses
$21.9M
$21,877,298 · G-3 line 4
Result from patient care
−$1.0M
−$1,028,575 · G-3 line 5
Margin on patient care
−4.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $11.3M in its first year on file (1997) to $20.8M in 2005.
  • Its result from patient care: −$1.3M (2003), −$457K (2004), −$1.0M (2005).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
settled
$11.3M
$11.4M
1998
settled
$12.1M
$12.0M
1999
settled
$12.5M
$12.4M
2000
reopened
$33.7M
$14.2M
2001
settled
$14.5M
$14.9M
2002
as submitted
$15.9M
$16.3M
2003
settled
$17.5M
$18.8M
2004
settled
$20.3M
$20.8M
2005
reopened
$20.8M
$21.9M

Beside its peers

Short-term acute care hospitals in Nebraska with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Community Hospital44$20,848,723$21,877,298−4.9%
Beatrice Community Hospital, Beatrice47$31,409,128$30,172,5033.9%
Columbus Community Hospital, Columbus Nebraska42$43,664,574$43,812,445−0.3%
CHI Health Lakeside, Omaha49$56,297,000$56,139,0000.3%
Phelps Memorial Health Center, Holdrege49$16,443,504$15,373,6126.5%
Tri County Hospital, Lexington40$14,230,669$13,693,8723.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 280021.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read October 16, 2007.