Velarion Records

Public registries, as they were filed.

Record report · CMS certification number 290044

PROGRESSIVE HOSPITAL LLC

LAS VEGAS, Nevada · short-term acute care hospital

1. Finances, as filed

From this hospital’s Medicare cost report for the year ended 31 December 2003.

FigureAs filedWhere it comes from
Total patient revenue$3,229,471CMS-2552-96 worksheet G300000 line 100 column 100
Contractual allowances$97,374CMS-2552-96 worksheet G300000 line 200 column 100
Net patient revenue$3,132,097CMS-2552-96 worksheet G300000 line 300 column 100
Total operating expenses$4,044,605CMS-2552-96 worksheet G300000 line 400 column 100
Income from service to patients−$912,508CMS-2552-96 worksheet G300000 line 500 column 100
Total facility beds24CMS-2552-96 worksheet S300001 line 1200 column 100

Cost report filed under CMS certification number 290044 for 1 January 2003 to 31 December 2003, settled. The public file it was read from.

2. Five hospitals in Nevada of a similar size, for fiscal year 2003

Chosen for having bed counts close to this hospital’s, and listed by name. Not the state’s largest hospitals: a comparison only means something between hospitals of roughly the same size, and only across the same fiscal year. Each figure is that hospital’s own filing; the day each fiscal year ends differs and is shown.

HospitalBedsNet patient revenueTotal operating expensesCharity care, at costUncompensated care, at costPeriod ended
CARSON REHAB CENTER30$9,254,644$8,162,59831 December 2003
HUMBOLDT GENERAL HOSPITAL22$9,149,053$13,031,40130 June 2003
NYE REGIONAL MEDICAL CENTER21$5,841,119$6,754,24231 December 2003
PROGRESSIVE HOSPITAL LLC24$3,132,097$4,044,60531 December 2003
SELECT SPECIALTY HOSPITAL - RENO21$1,474,617$1,680,01830 April 2003
TAHOE PACIFIC HOSPITAL INC.27$14,274,043$13,361,62931 August 2003

3. Where this hospital sits

A position, not a score: the hospitals are counted, not ranked. Each line names the hospitals the position was taken over.

  • 33rdpercentile of 15 hospitals in NV, same facility class, under 25 bedsNet patient revenue

Net patient revenue across every hospital filing for 2003, with this one marked.

This hospital$4,832,767$217,053,915

Middle half between $10,581,196 and $97,356,103, midpoint $30,029,171, across 5,787 hospitals.

  • 47thpercentile of 15 hospitals in NV, same facility class, under 25 bedsTotal operating expenses

Total operating expenses across every hospital filing for 2003, with this one marked.

This hospital$5,705,194$218,394,961

Middle half between $11,437,041 and $96,736,460, midpoint $31,248,320, across 5,886 hospitals.

  • 100thpercentile of 15 hospitals in NV, same facility class, under 25 bedsTotal facility beds

Total facility beds across every hospital filing for 2003, with this one marked.

This hospital20313

Middle half between 33 and 175, midpoint 79, across 5,922 hospitals.

4. Executive compensation and community benefit

Not in this report. Executive pay is filed on IRS Form 990 Part VII and community benefit on its Schedule H, under an employer identification number. Neither the 340B register nor the Medicare cost report carries that number, so nothing on either document identifies the same organization.

Every cost report on file

One row per filing, oldest first until you say otherwise. Every column orders both ways. Reporting periods differ between filings and the length of each is shown, because revenue over three months set beside revenue over twelve is a wrong number that looks right.

4 filings, ordered by Fiscal year
Fiscal year Period ended Days Form Status Beds Net patient revenue Total operating expenses Income from service to patients Charity care, at cost Uncompensated care, at cost Bad debt expense Cost-to-charge ratio Stamped by CMS
20002000-12-31299CMS-2552-96settled2004-10-20
20012001-12-31318CMS-2552-96settled2004-08-24
20022002-12-31305CMS-2552-96settled24$983,803$1,802,039−$818,2362005-03-23
20032003-12-31364CMS-2552-96settled24$3,132,097$4,044,605−$912,5082006-02-14

How to read this report

Every figure above is printed as its source document printed it, with the exact place it came from beside it: the worksheet, line and column of the Medicare cost report this hospital filed under CMS certification number 290044. A reader holding the same public file can go to that cell.

Where this hospital is on the 340B covered-entity register, the registration facts come from the HRSA 340B OPAIS Covered Entity Daily Report. The two documents name the same hospital because they carry the same certification number, not because their names resemble each other.

A figure the hospital’s filing does not carry is left out. A figure whose value the filing’s own arithmetic contradicts is also left out. A year filed as submitted whose figures differ from the prior filing by more than the factor stated on the methodology page is marked beside the figure and left out of the distributions and the peer table until a settled version posts. Nothing here is estimated and nothing is carried in from another year.

No percentage or ratio is calculated anywhere in this report. Charity care and revenue sit in adjacent rows and the reader draws the relation.

Financial figures: CMS Healthcare Cost Report Information System, publication year 2003, file HOSPFY2003.ZIP. Corrections: hello@velarionrecords.com. Velarion Records takes no position on the 340B Drug Pricing Program or anyone taking part in it.

The full report for PROGRESSIVE HOSPITAL LLC

Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.

← the full cost-report record