Velarion Records

Short-term acute care hospital · New York, New York · 114 beds · CMS certification number 330389

Hospital for Joint Diseases

Latest filing: fiscal year ended December 31, 2006, as submitted, stamped by CMS June 11, 2007. Eleven years on file, all shown below.

Fiscal 2006 at a glance

Net patient revenue $151.9M $151,905,275 · G-3 line 3
Operating expenses $169.6M $169,585,537 · G-3 line 4
Result from patient care −$17.7M −$17,680,262 · G-3 line 5
Margin on patient care −11.6% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $101.6M in its first year on file (1996) to $151.9M in 2006.
  • Its result from patient care: −$27.3M (2004), −$28.5M (2005), −$17.7M (2006).
  • 3 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 2006.

How these statements are drawn

Eleven years of filings

Net patient revenueOperating expenses

1996 reopened margin −9.5% $101.6M $111.3M

1997 reopened margin −8.1% $97.9M $105.8M

1998 reopened margin −20.9% $101.5M $122.7M

1999 reopened margin −21.8% $99.4M $121.1M

2000 settled with audit margin −24.7% $105.1M $131.1M

2001 reopened margin −33.1% $112.4M $149.6M

2002 reopened margin −34.1% $116.6M $156.4M

2003 reopened margin −23.6% $128.7M $159.1M

2004 reopened margin −19.2% $142.3M $169.6M

2005 reopened margin −19.6% $145.7M $174.2M

2006 as submitted margin −11.6% $151.9M $169.6M

Beside its peers

Short-term acute care hospitals in New York with 100 to 199 beds, fiscal year 2006.

Hospital Beds Net patient revenue Operating expenses Margin

Hospital for Joint Diseases 114 $151,905,275 $169,585,537 −11.6%

Bon Secours Community Hospital, Port Jervis 117 $65,360,810 $66,483,862 −1.7%

The Frederick Ferris Thompson Hospital, Canandaigua 113 $78,833,824 $77,100,934 2.2%

Geneva General Hospital, Geneva 117 $86,387,476 $84,314,895 2.4%

Lockport Memorial Hospital, Lockport 110 $33,051,879 $34,245,249 −3.6%

St. Joseph S Hospital, Elmira 118 $59,067,982 $63,265,660 −7.1%

Follow Hospital for Joint Diseases, free

More short-term acute care hospitals in New York

File HOSPFY2006.ZIP, form CMS-2552-96, CMS certification number 330389.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read June 11, 2007.