Velarion Records

Short-term acute care hospital · Alva, Oklahoma · 25 beds · CMS certification number 370080

Share Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 12, 2018, settled, stamped by CMS January 29, 2020. 22 years on file, every one shown below.

Fiscal 2018 at a glance

Net patient revenue
$12.3M
$12,293,883 · G-3 line 3
Operating expenses
$15.5M
$15,540,987 · G-3 line 4
Result from patient care
−$3.2M
−$3,247,104 · G-3 line 5
Margin on patient care
−26.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.0M in its first year on file (1997) to $12.3M in 2018.
  • Its result from patient care: −$3.3M (2016), −$2.2M (2017), −$3.2M (2018).
  • 3 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 2018.

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

22 years of filings

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

Net patient revenueOperating expenses
1997
settled
$7.0M
$6.9M
1998
settled
$8.1M
$7.7M
1999
settled
$7.7M
$7.4M
2000
settled
$7.6M
$7.7M
2001
reopened
$8.9M
$8.3M
2002
reopened
$10.1M
$10.0M
2003
reopened
$8.8M
$9.3M
2004
settled
$9.0M
$9.1M
2005
settled
$9.2M
$9.2M
2006
settled
$8.7M
$9.7M
2007
settled
$9.3M
$9.9M
2008
settled
$10.1M
$10.5M
2009
reopened
$10.5M
$11.7M
2010
settled
$9.3M
$11.5M
2011
settled
$8.5M
$11.3M
2012
settled
$9.5M
$11.0M
2013
settled
$9.6M
$12.0M
2014
settled
$9.4M
$12.0M
2015
settled
$10.4M
$13.7M
2016
settled
$10.4M
$13.7M
2017
reopened
$12.1M
$14.2M
2018
settled
$12.3M
$15.5M

Beside its peers

Short-term acute care hospitals in Oklahoma with 25 to 49 beds, each on fiscal year 2018.

HospitalBedsNet patient revenueOperating expensesMargin
Share Medical Center25$12,293,883$15,540,987−26.4%
Adair County Health Center, Stilwell30$17,814,376$19,283,211−8.3%
Hillcrest Hospital Henryetta, Henryetta27$17,011,621$19,040,745−11.9%
Lindsay Municipal Hospital, Lindsay26$13,363,452$13,050,5622.3%
Perry Memorial Hospital, Perry26$5,477,769$7,653,124−39.7%
St. John Owasso, Owasso32$37,893,934$28,133,98725.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2017.ZIP, form CMS-2552-10, filed under CMS certification number 370080.

How this page was built: the CMS Medicare cost report, file HOSP10FY2017.ZIP, read January 29, 2020.