Velarion Records

Short-term acute care hospital · Columbus, North Carolina · 59 beds · CMS certification number 340018

St. Luke S Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2005, reopened, stamped by CMS February 27, 2009. Ten years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$20.9M
$20,920,398 · G-3 line 3
Operating expenses
$22.3M
$22,254,122 · G-3 line 4
Result from patient care
−$1.3M
−$1,333,724 · G-3 line 5
Margin on patient care
−6.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $13.5M in its first year on file (1996) to $20.9M in 2005.
  • Its result from patient care: −$1.4M (2003), −$1.1M (2004), −$1.3M (2005).
  • 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 2005.

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

Ten years of filings

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

Net patient revenueOperating expenses
1996
settled
$13.5M
$12.5M
1997
settled
$13.9M
$14.2M
1998
settled
$14.0M
$14.3M
1999
settled
$12.7M
$13.4M
2000
settled
$13.2M
$14.0M
2001
settled
$14.6M
$15.0M
2002
settled
$18.0M
$18.5M
2003
settled
$19.8M
$21.2M
2004
settled
$20.9M
$22.0M
2005
reopened
$20.9M
$22.3M

Beside its peers

Short-term acute care hospitals in North Carolina with 50 to 99 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
St. Luke S Hospital59$20,920,398$22,254,122−6.4%
Angel Medical Center, Franklin59$38,233,634$39,262,334−2.7%
Atrium Health Anson, Wadesboro52$25,942,434$27,785,112−7.1%
Novant Health Brunswick Medical Center, Supply60$36,302,501$38,946,595−7.3%
Crawley Memorial Hospital, Boiling Springs60$3,532,321$4,373,916−23.8%
Granville Health System, Oxford62$31,702,911$31,018,0362.2%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in North Carolina

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 340018.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read February 27, 2009.