Velarion Records

Short-term acute care hospital · Belhaven, North Carolina · 49 beds · CMS certification number 340089

Pungo District Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 26, 2002, settled, stamped by CMS December 1, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$3.4M
$3,381,259 · G-3 line 3
Operating expenses
$3.4M
$3,371,407 · G-3 line 4
Result from patient care
$10K
$9,852 · G-3 line 5
Margin on patient care
0.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.7M in its first year on file (1996) to $3.4M in 2002.
  • Its result from patient care: −$1.8M (2000), −$897K (2001), $10K (2002).
  • 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 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
reopened
$7.7M
$7.6M
1997
reopened
$8.8M
$8.3M
1998
reopened
$8.9M
$9.3M
1999
settled
$8.5M
$9.7M
2000
reopened
$8.2M
$10.1M
2001
reopened
$7.7M
$8.6M
2002
settled
$3.4M
$3.4M

Beside its peers

Short-term acute care hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Pungo District Hospital49$3,381,259$3,371,4070.3%
Alleghany Co. Mem. Hosp., Sparta46$10,321,733$10,547,616−2.2%
Bladen County Hospital, Elizabethtown48$16,313,070$17,150,483−5.1%
Blue Ridge Hospital, Spruce Pine49$22,029,250$20,696,0276.0%
ECU Health Duplin Hospital, Kenansville49$25,099,192$25,317,055−0.9%
Murphy Medical Center, Murphy46$39,415,620$36,542,3787.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 340089.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read December 1, 2005.