Velarion Records

Short-term acute care hospital · Ruidoso, New Mexico · 31 beds · CMS certification number 320046

Lincoln County Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 19, 2004, settled, stamped by CMS January 20, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$23.0M
$22,971,555 · G-3 line 3
Operating expenses
$21.9M
$21,903,439 · G-3 line 4
Result from patient care
$1.1M
$1,068,116 · G-3 line 5
Margin on patient care
4.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $9.7M in its first year on file (1996) to $23.0M in 2004.
  • Its result from patient care: $1.3M (2002), $2.1M (2003), $1.1M (2004).
  • 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 2004.

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
1996
reopened
$9.7M
$10.7M
1997
reopened
$9.4M
$10.5M
1998
reopened
$11.6M
$12.1M
1999
settled
$14.3M
$13.6M
2000
reopened
$15.7M
$14.0M
2001
reopened
$17.3M
$15.6M
2002
reopened
$18.5M
$17.2M
2003
reopened
$20.4M
$18.3M
2004
settled
$23.0M
$21.9M

Beside its peers

Short-term acute care hospitals in New Mexico with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Lincoln County Medical Center31$22,971,555$21,903,4394.7%
Artesia General Hospital, Artesia34$9,665,297$11,326,405−17.2%
Cibola General Hospital, Grants25$12,294,782$12,622,787−2.7%
Los Alamos Medical Center, Los Alamos47$40,973,864$33,872,00617.3%
Miners Colfax Medical Center, Raton36$13,318,538$18,172,524−36.4%
N.E. Regional Hospital, Las Vegas42$26,985,532$25,869,8604.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 320046.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read January 20, 2006.