Velarion Records

Short-term acute care hospital · Syracuse, Nebraska · 25 beds · CMS certification number 280051

Community Memorial Hospital District

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1999, settled, stamped by CMS November 27, 2000. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$3.1M
$3,061,485 · G-3 line 3
Operating expenses
$3.5M
$3,548,663 · G-3 line 4
Result from patient care
−$487K
−$487,178 · G-3 line 5
Margin on patient care
−15.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.3M in its first year on file (1997) to $3.1M in 1999.
  • Its result from patient care: $78K (1997), −$393K (1998), −$487K (1999).
  • All 5 short-term acute care hospital 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
$2.3M
$2.2M
1998
settled
$2.4M
$2.8M
1999
settled
$3.1M
$3.5M

Beside its peers

Short-term acute care hospitals in Nebraska with 25 to 49 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Community Memorial Hospital District25$3,061,485$3,548,663−15.9%
Brown County Hospital, Ainsworth25$2,506,296$2,686,861−7.2%
Cozad Community Hospital, Cozad27$4,752,875$5,499,863−15.7%
Oakland Memorial Hospital, Oakland27$1,726,072$2,311,144−33.9%
Rock County Hospital, Bassett25$2,276,397$2,623,567−15.3%
West Holt Memorial Hospital, Atkinson26$4,103,141$5,168,532−26.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 280051.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read November 27, 2000.