Velarion Records

Rehabilitation hospital · Reno, Nevada · 104 beds · CMS certification number 293030

Washoe Village Care Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2004, reopened, stamped by CMS August 15, 2005. Five years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$11.2M
$11,176,615 · G-3 line 3
Operating expenses
$14.4M
$14,405,102 · G-3 line 4
Result from patient care
−$3.2M
−$3,228,487 · G-3 line 5
Margin on patient care
−28.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.4M in its first year on file (2000) to $11.2M in 2004.
  • Its result from patient care: −$7.7M (2002), −$18.1M (2003), −$3.2M (2004).
  • 2 of the 5 rehabilitation hospital peers below with a margin on file also report a loss on patient care for fiscal year 2004.

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
2000
reopened
$6.4M
$4.4M
2001
reopened
$13.4M
$7.2M
2002
settled with audit
not filed
$7.7M
2003
settled
not filed
$18.1M
2004
reopened
$11.2M
$14.4M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Nevada first; each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Washoe Village Care Center104$11,176,615$14,405,102−28.9%
Cardinal Hill Rehabilitation Hospital, Lexington (KY)108$34,847,165$35,695,193−2.4%
Carson Rehab Center, Carson City30$10,944,027$8,602,86821.4%
Encompass Health Rehabilitation Hospital of Las Vegas, Las Vegas79$28,944,587$21,059,54427.2%
Encompass Health Rehabilitation Hospital of Henderson, Henderson60$19,898,498$15,598,82121.6%
Sunnyview Hospital, Schenectady (NY)104$25,983,771$31,634,900−21.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 293030.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read August 15, 2005.