Velarion Records

Short-term acute care hospital · Las Cruces, New Mexico · 20 beds · CMS certification number 320088

Advanced Care of So New Mex

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2009, reopened, stamped by CMS May 29, 2024. Two years on file, every one shown below.

Fiscal 2009 at a glance

Net patient revenue
$5.1M
$5,078,502 · G-3 line 3
Operating expenses
$6.7M
$6,712,999 · G-3 line 4
Result from patient care
−$1.6M
−$1,634,497 · G-3 line 5
Margin on patient care
−32.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.1M in its first year on file (2008) to $5.1M in 2009.
  • Its result from patient care: −$1.7M (2008), −$1.6M (2009).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2009.

Every statement is drawn from figures on this page; nothing is estimated.

Two years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
2008
settled
$1.1M
$2.7M
2009
reopened
$5.1M
$6.7M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from New Mexico first; each on fiscal year 2009.

HospitalBedsNet patient revenueOperating expensesMargin
Advanced Care of So New Mex20$5,078,502$6,712,999−32.2%
Artesia General Hospital, Artesia34$24,378,859$23,556,0173.4%
Guadalupe County Hospital, Santa Rosa10$4,115,797$5,296,957−28.7%
Physicians Medical Center of Santa F, Santa Fe12$9,916,552$11,713,952−18.1%
Roosevelt General Hospital, Portales22$15,474,670$19,108,100−23.5%
Lovelace Regional Hospital Roswell, Roswell26$30,247,809$31,918,549−5.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2008.ZIP, form CMS-2552-96, filed under CMS certification number 320088.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read May 29, 2024.