Velarion Records

Short-term acute care hospital · Brevard, North Carolina · 38 beds · CMS certification number 340088

Transylvania Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2004, reopened, stamped by CMS March 18, 2008. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$26.9M
$26,875,292 · G-3 line 3
Operating expenses
$28.5M
$28,518,802 · G-3 line 4
Result from patient care
−$1.6M
−$1,643,510 · G-3 line 5
Margin on patient care
−6.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $20.4M in its first year on file (1996) to $26.9M in 2004.
  • Its result from patient care: −$460K (2002), −$683K (2003), −$1.6M (2004).
  • 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 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
$20.4M
$20.5M
1997
reopened
$21.8M
$22.0M
1998
settled
$23.7M
$23.6M
1999
settled
$23.9M
$24.7M
2000
settled
$25.4M
$26.0M
2001
settled
$26.4M
$26.8M
2002
settled
$28.5M
$29.0M
2003
settled
$29.2M
$29.8M
2004
reopened
$26.9M
$28.5M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Transylvania Community Hospital38$26,875,292$28,518,802−6.1%
Charles A. Cannon Jr. Mem. Hosp., Linville40$24,321,599$29,073,823−19.5%
J Arthur Dosher Memorial Hospital, Southport36$20,453,241$20,849,683−1.9%
Kings Mountain Hospital, Kings Mountain40$26,957,268$26,960,225−0.0%
Novant Health Medical Park Hospital, Winston-Salem42$43,191,083$33,906,15721.5%
SSH - Durham, Durham30$3,090,006$3,708,731−20.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 340088.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read March 18, 2008.