Velarion Records

Psychiatric hospital · Grand Forks, North Dakota · 70 beds · CMS certification number 354005

Red River Behavioral Health System

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 12, 2020, settled, stamped by CMS May 14, 2021. 21 years on file, every one shown below.

Fiscal 2020 at a glance

Net patient revenue
$9.4M
$9,433,281 · G-3 line 3
Operating expenses
$10.7M
$10,675,926 · G-3 line 4
Result from patient care
−$1.2M
−$1,242,645 · G-3 line 5
Margin on patient care
−13.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.3M in its first year on file (2001) to $9.4M in 2020.
  • Its result from patient care: $2.2M (2018), −$297K (2019), −$1.2M (2020).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2020.

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

21 years of filings

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

Net patient revenueOperating expenses
2000
settled
not filed
not filed
2001
settled
$5.3M
$5.2M
2002
settled
$5.8M
$5.4M
2003
settled
$6.2M
$5.6M
2004
settled
$7.2M
$6.4M
2005
settled
$7.2M
$6.6M
2006
settled
$4.9M
$6.4M
2007
settled
$6.5M
$7.4M
2008
settled
$6.7M
$6.9M
2009
settled
$8.1M
$8.3M
2010
settled
$6.9M
$9.1M
2011
settled
$8.3M
$8.9M
2012
settled
$9.5M
$9.1M
2013
settled
$9.8M
$10.4M
2014
settled
$9.6M
$10.0M
2015
settled
$7.5M
$8.6M
2016
settled
$816K
$2.2M
2017
settled
$8.5M
$10.4M
2018
settled
$16.0M
$13.8M
2019
settled
$13.4M
$13.7M
2020
settled
$9.4M
$10.7M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from North Dakota first; each on fiscal year 2020.

HospitalBedsNet patient revenueOperating expensesMargin
Red River Behavioral Health System70$9,433,281$10,675,926−13.2%
Haverhill Pavilion Behavioral Health, Haverhill (MA)71$20,232,260$19,995,7271.2%
North Dakota State Hospital, Jamestown108$6,086,222$42,373,827−596.2%
Options Behavioral Health System, Indianapolis (IN)70$19,187,838$18,725,8522.4%
Prairie St. Johns, Fargo110$33,570,628$24,488,84727.1%
Vantage Point of Northwest Arkansas, Fayetteville (AR)70$23,527,844$21,364,1779.2%

Follow this hospital, free

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

More psychiatric hospitals in North Dakota

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 HOSP10FY2020.ZIP, form CMS-2552-10, filed under CMS certification number 354005.

How this page was built: the CMS Medicare cost report, file HOSP10FY2020.ZIP, read May 14, 2021.