Velarion Records

Short-term acute care hospital · Cleveland, Ohio · 92 beds · CMS certification number 360037

St. Vincent Charity Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 15, 2022, settled, stamped by CMS March 11, 2025. 27 years on file, every one shown below.

Fiscal 2022 at a glance

Net patient revenue
$87.4M
$87,370,500 · G-3 line 3
Operating expenses
$122.0M
$122,039,099 · G-3 line 4
Result from patient care
−$34.7M
−$34,668,599 · G-3 line 5
Margin on patient care
−39.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $85.5M in its first year on file (1996) to $87.4M in 2022.
  • Its result from patient care: −$27.7M (2020), −$22.5M (2021), −$34.7M (2022).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2022.
  • Medicaid paid for 6.7% of its inpatient days and Medicare for 14.8%.

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

27 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$85.5M
$87.0M
1997
settled with audit
$95.8M
$93.4M
1998
settled
$85.9M
$99.2M
1999
settled with audit
$35.7M
$42.5M
2000
reopened
$111.9M
$125.8M
2001
reopened
$116.5M
$129.4M
2002
settled
$114.2M
$136.5M
2003
reopened
$107.2M
$130.7M
2004
reopened
$118.9M
$131.4M
2005
reopened
$119.9M
$131.6M
2006
reopened
$118.7M
$128.8M
2007
reopened
$119.1M
$129.6M
2008
reopened
$121.5M
$131.0M
2009
reopened
$142.2M
$163.9M
2010
reopened
$114.7M
$140.4M
2011
reopened
$123.5M
$148.4M
2012
reopened
$138.1M
$149.9M
2013
reopened
$136.7M
$148.2M
2014
reopened
$135.7M
$154.5M
2015
reopened
$144.1M
$155.0M
2016
reopened
$142.3M
$156.8M
2017
reopened
$134.3M
$151.0M
2018
reopened
$132.3M
$152.9M
2019
reopened
$127.9M
$150.3M
2020
reopened
$119.6M
$147.2M
2021
settled
$123.7M
$146.2M
2022
settled
$87.4M
$122.0M

Beside its peers

Short-term acute care hospitals in Ohio with 50 to 99 beds, each on fiscal year 2022.

HospitalBedsNet patient revenueOperating expensesMargin
St. Vincent Charity Medical Center92$87,370,500$122,039,099−39.7%
Salem Regional Medical Center, Salem87$122,045,132$126,867,988−4.0%
Ohiohealth Southeastern Medical Center, Cambridge86$94,294,991$95,019,820−0.8%
St. Lukes Hospital, Maumee99$144,296,422$184,319,082−27.7%
Western Reserve Hospital, Cuyahoga Falls83$147,623,787$161,318,635−9.3%
Wood County Hospital Assn., Bowling Green99$101,985,782$101,433,8100.5%

Patients and payers

Discharges
1,895
S-3 line 14, col 15
Inpatient days
7,108
S-3 line 14, col 8
Beds in use, on an average day
22.4
days ÷ days in year
Occupancy
24.0%
days ÷ bed days
Medicare share of days
14.8%
S-3 cols 6 ÷ 8
Medicaid share of days
6.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: UHHS CSAUH, cbo; SCHS, home office.

Type of control on its cost report: voluntary nonprofit, church.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2022.ZIP, form CMS-2552-10, filed under CMS certification number 360037. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2022.ZIP, read March 11, 2025.