Velarion Records

Short-term acute care hospital · Rolla, North Dakota · 25 beds · CMS certification number 350024

Presentation Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2001, reopened, stamped by CMS January 30, 2006. Six years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$5.3M
$5,274,023 · G-3 line 3
Operating expenses
$6.2M
$6,209,730 · G-3 line 4
Result from patient care
−$936K
−$935,707 · G-3 line 5
Margin on patient care
−17.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $6.0M in its first year on file (1996) to $5.3M in 2001.
  • Its result from patient care: −$449K (1999), −$895K (2000), −$936K (2001).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2001.

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

Six years of filings

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

Net patient revenueOperating expenses
1996
reopened
$6.0M
$6.9M
1997
settled
$6.1M
$6.5M
1998
as submitted
$6.2M
$6.5M
1999
reopened
$6.4M
$6.8M
2000
reopened
$6.3M
$7.2M
2001
reopened
$5.3M
$6.2M

Beside its peers

Short-term acute care hospitals in North Dakota with 25 to 49 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Presentation Medical Center25$5,274,023$6,209,730−17.7%
Ashley Medical Center, Ashley26$4,160,511$4,277,725−2.8%
Carrington Health Center, Carrington30$8,495,253$9,451,634−11.3%
First Care Health Center, Park River25$4,070,160$4,170,416−2.5%
Oakes Community Hospital, Oakes25$4,400,921$4,655,553−5.8%
St. Lukes Hospital, Crosby29$1,953,246$2,516,174−28.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 350024.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read January 30, 2006.