Velarion Records

Psychiatric hospital · Youngstown, Ohio · 30 beds · CMS certification number 364039

Pathways Center Geriatric Psych

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2001, settled, stamped by CMS December 18, 2003. Four years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$2.1M
$2,081,519 · G-3 line 3
Operating expenses
$2.3M
$2,307,653 · G-3 line 4
Result from patient care
−$226K
−$226,134 · G-3 line 5
Margin on patient care
−10.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.8M in its first year on file (1998) to $2.1M in 2001.
  • Its result from patient care: $333K (1999), −$1.1M (2000), −$226K (2001).
  • 4 of the 5 psychiatric 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.

Four years of filings

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

Net patient revenueOperating expenses
1998
settled with audit
$3.8M
$3.5M
1999
settled with audit
$3.6M
$3.3M
2000
settled
$1.3M
$2.5M
2001
settled
$2.1M
$2.3M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Ohio first; each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Pathways Center Geriatric Psych30$2,081,519$2,307,653−10.9%
Belmont Pines Hospital, Youngstown42$9,257,131$8,264,80310.7%
BHC Windsor, Chagrin Falls71$6,253,565$6,349,784−1.5%
Behavioral Health at Buttonwood, New Lisbon (NJ)30$13,305,491$15,530,915−16.7%
Arrowhead Behavioral Health, Maumee42$5,057,673$5,320,901−5.2%
Windsor Laurelwood Center for Behavioral Medicine, Willoughby160$12,836,040$15,397,236−20.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 364039.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read December 18, 2003.