Velarion Records

Short-term acute care hospital · Plymouth, North Carolina · 34 beds · CMS certification number 340112

Washington County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2002, reopened, stamped by CMS January 20, 2009. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$9.6M
$9,586,756 · G-3 line 3
Operating expenses
$12.3M
$12,310,483 · G-3 line 4
Result from patient care
−$2.7M
−$2,723,727 · G-3 line 5
Margin on patient care
−28.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.9M in its first year on file (1996) to $9.6M in 2002.
  • Its result from patient care: −$535K (2000), −$350K (2001), −$2.7M (2002).
  • 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 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
$5.9M
$6.4M
1997
reopened
$7.2M
$7.7M
1998
settled
$8.4M
$8.3M
1999
settled
$7.5M
$8.2M
2000
reopened
$8.4M
$8.9M
2001
reopened
$10.3M
$10.7M
2002
reopened
$9.6M
$12.3M

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
Washington County Hospital34$9,586,756$12,310,483−28.4%
Blowing Rock Hospital, Blowing Rock28$6,316,598$7,032,522−11.3%
Broughton Hospital, Morganton28$47,546,004$102,097,153−114.7%
Charles A Cannon Memorial Hospital, Linville40$21,035,655$25,521,685−21.3%
J Arthur Dosher Memorial Hospital, Southport36$18,396,460$19,030,050−3.4%
Kings Mountain Hospital, Kings Mountain40$20,838,223$19,914,9254.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 340112.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read January 20, 2009.