Velarion Records

Critical access hospital · Taylorsville, North Carolina · 25 beds · CMS certification number 341312

Frye Regional Alexander Campus

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2007, settled, stamped by CMS December 24, 2008. Five years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$2.0M
$2,006,644 · G-3 line 3
Operating expenses
$3.1M
$3,070,482 · G-3 line 4
Result from patient care
−$1.1M
−$1,063,838 · G-3 line 5
Margin on patient care
−53.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.5M in its first year on file (2003) to $2.0M in 2007.
  • Its result from patient care: −$520K (2005), −$377K (2006), −$1.1M (2007).
  • 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2007.

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

Five years of filings

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

Net patient revenueOperating expenses
2003
settled
$2.5M
$3.1M
2004
settled
$2.2M
$3.5M
2005
settled with audit
$3.2M
$3.7M
2006
settled
$3.7M
$4.1M
2007
settled
$2.0M
$3.1M

Beside its peers

Critical access hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2007.

HospitalBedsNet patient revenueOperating expensesMargin
Frye Regional Alexander Campus25$2,006,644$3,070,482−53.0%
Cape Fear Valley-Bladen County Hospital, Elizabethtown25$22,513,137$24,007,775−6.6%
ECU Health Chowan Hospital, Edenton25$38,600,494$39,450,969−2.2%
Davie County Hospital, Mocksville25$9,332,418$9,651,811−3.4%
Swain County Hospital, Bryson City25$11,912,591$10,743,0239.8%
Washington Regional Medical Center, Plymouth25$3,649,443$3,782,795−3.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2006.ZIP, form CMS-2552-96, filed under CMS certification number 341312.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read December 24, 2008.