Velarion Records

Critical access hospital · Burnsville, North Carolina · 6 beds · CMS certification number 341301

Yancey Community Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2006, settled, stamped by CMS September 13, 2007. Eleven years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$3.3M
$3,333,173 · G-3 line 3
Operating expenses
$3.4M
$3,373,424 · G-3 line 4
Result from patient care
−$40K
−$40,251 · G-3 line 5
Margin on patient care
−1.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $866K in its first year on file (1996) to $3.3M in 2006.
  • Its result from patient care: −$78K (2004), $53K (2005), −$40K (2006).
  • 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2006.

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

Eleven years of filings

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

Net patient revenueOperating expenses
1996
settled
$866K
$1.3M
1997
settled
$1.5M
$1.8M
1998
settled
$1.7M
$2.7M
1999
settled
$2.0M
$2.1M
2000
settled
$2.1M
$2.7M
2001
settled
$2.7M
$2.9M
2002
settled
$3.1M
$3.0M
2003
settled
$3.0M
$3.0M
2004
settled
$3.1M
$3.2M
2005
settled
$3.3M
$3.3M
2006
settled
$3.3M
$3.4M

Beside its peers

Critical access hospitals in North Carolina with under 25 beds, each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
Yancey Community Medical Center6$3,333,173$3,373,424−1.2%
ECU Health Bertie Hospital, Windsoruth King Street15$12,476,611$12,581,748−0.8%
Chatham Hospital, Siler City15$13,301,572$13,703,869−3.0%
MH Highlands-Cashiers Medical Center, LLLP, Highlands20$13,648,499$18,007,185−31.9%
Our Community Hospital, Scotland Neck20$5,273,884$5,826,280−10.5%
Outer Banks Health Hospital, Nags Head18$25,320,797$18,682,19026.2%

Follow this hospital, free

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

More critical access 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 HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 341301.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read September 13, 2007.