Velarion Records

Psychiatric hospital · Greenville, North Carolina · 66 beds · CMS certification number 344024

Walter B. Jones - Adatc

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 1, 2015, settled, stamped by CMS May 23, 2017. Seventeen years on file, every one shown below.

Fiscal 2015 at a glance

Net patient revenue
$730K
$730,057 · G-3 line 3
Operating expenses
$14.8M
$14,814,166 · G-3 line 4
Result from patient care
−$14.1M
−$14,084,109 · G-3 line 5
Margin on patient care
−1929.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $91K in its first year on file (1999) to $730K in 2015.
  • Its result from patient care: −$14.0M (2013), −$13.9M (2014), −$14.1M (2015).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2015.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
1999
settled
$91K
$5.3M
2000
settled
$174K
$424K
2001
settled
$531K
−$327K
2002
settled
not filed
$11.5M
2003
settled
$511K
$38K
2004
settled
$544K
$5.0M
2005
settled
$704K
$2.6M
2006
settled
$809K
$6.4M
2007
settled
$817K
$7.8M
2008
as submitted
not filed
$11.2M
2009
settled
$1.4M
$11.7M
2010
settled
$1.6M
$1.2M
2011
settled
$1.6M
$12.5M
2012
settled
$1.6M
$13.5M
2013
settled
$1.4M
$15.4M
2014
settled
$1.2M
$15.2M
2015
settled
$730K
$14.8M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from North Carolina first; each on fiscal year 2015.

HospitalBedsNet patient revenueOperating expensesMargin
Walter B. Jones - Adatc66$730,057$14,814,166−1929.2%
Brynn Marr Hospital, Jacksonville65$16,538,440$12,572,51324.0%
Good Hope Hospital, Erwin16$3,055,490$4,248,762−39.1%
JFK Adatc, Black Mountain80$1,769,054$15,765,379−791.2%
Old Vineyard Behavioral Health Services, Winston Salem104$24,108,377$19,098,35820.8%
RJ Blackley Adatc, Butner80$1,445,528$14,882,337−929.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2014.ZIP, form CMS-2552-10, filed under CMS certification number 344024.

How this page was built: the CMS Medicare cost report, file HOSP10FY2014.ZIP, read May 23, 2017.