Velarion Records

Short-term acute care hospital · Seward, Nebraska · 34 beds · CMS certification number 280058

Memorial Health Care Systems

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2000, settled, stamped by CMS September 16, 2003. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$16.5M
$16,497,906 · G-3 line 3
Operating expenses
$15.9M
$15,886,144 · G-3 line 4
Result from patient care
$612K
$611,762 · G-3 line 5
Margin on patient care
3.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.8M in its first year on file (1996) to $16.5M in 2000.
  • Its result from patient care: $750K (1998), $19.2M (1999), $612K (2000).
  • 2 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 2000.

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
1996
settled
$10.8M
$10.3M
1997
reopened
$12.0M
$11.2M
1998
settled
$13.7M
$12.9M
1999
settled
$34.3M
$15.1M
2000
settled
$16.5M
$15.9M

Beside its peers

Short-term acute care hospitals in Nebraska with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Memorial Health Care Systems34$16,497,906$15,886,1443.7%
Creighton Area Health Services, Creighton34$2,679,734$2,863,725−6.9%
Jefferson Community Health Center, Fairbury36$3,215,628$3,157,9381.8%
Johnson County Hospital, Tecumseh35$3,009,866$3,089,458−2.6%
Tri Valley Health System, Cambridge35$7,891,060$11,529,689−46.1%
Valley County Hospital, Ord34$7,914,539$7,805,6711.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 280058.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read September 16, 2003.