Velarion Records

Short-term acute care hospital · Guthrie, Oklahoma · 32 beds · CMS certification number 370121

Amended Logan Hospital & Medical Cen

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2002, reopened, stamped by CMS September 8, 2005. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$4.9M
$4,872,528 · G-3 line 3
Operating expenses
$5.7M
$5,682,311 · G-3 line 4
Result from patient care
−$810K
−$809,783 · G-3 line 5
Margin on patient care
−16.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.6M in its first year on file (1997) to $4.9M in 2002.
  • Its result from patient care: −$1.5M (2000), −$1.6M (2001), −$810K (2002).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2002.

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
1997
settled
$7.6M
$8.8M
1998
settled
$7.4M
$8.7M
1999
settled
$7.9M
$9.2M
2000
settled
$8.1M
$9.6M
2001
settled
$7.9M
$9.5M
2002
reopened
$4.9M
$5.7M

Beside its peers

Short-term acute care hospitals in Oklahoma with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Amended Logan Hospital & Medical Cen32$4,872,528$5,682,311−16.6%
Community Hospital Lakeview, Eufaula33$3,745,480$3,581,8504.4%
Fairview Hospital, Fairview31$4,533,977$4,816,496−6.2%
Latimer County Hospital, Wilburton33$3,770,579$3,710,8221.6%
Hillcrest Hospital Pryor, Pryor33$17,419,594$16,286,5876.5%
Seminole Medical Center, Seminole31$13,755,345$12,637,1828.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 370121.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read September 8, 2005.