Velarion Records

Short-term acute care hospital · Newport, Oregon · 48 beds · CMS certification number 380003

Pacific Communities Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2003, settled, stamped by CMS October 17, 2005. Seven years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$12.6M
$12,556,387 · G-3 line 3
Operating expenses
$12.7M
$12,651,904 · G-3 line 4
Result from patient care
−$96K
−$95,517 · G-3 line 5
Margin on patient care
−0.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $19.6M in its first year on file (1997) to $12.6M in 2003.
  • Its result from patient care: −$1.6M (2001), −$685K (2002), −$96K (2003).
  • 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 2003.

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

Seven years of filings

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

Net patient revenueOperating expenses
1997
settled
$19.6M
$19.5M
1998
settled
$19.4M
$20.3M
1999
as submitted
$20.0M
$20.8M
2000
settled
$23.4M
$23.3M
2001
as submitted
$24.6M
$26.1M
2002
reopened
$28.3M
$29.0M
2003
settled
$12.6M
$12.7M

Beside its peers

Short-term acute care hospitals in Oregon with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Pacific Communities Hospital48$12,556,387$12,651,904−0.8%
Good Shepherd Medical Center, Hermiston49$37,495,038$38,609,593−3.0%
Mid-Columbia Medical Center, The Dalles49$46,551,179$45,557,2972.1%
Samaritan Lebanon Community Hospital, Lebanon49$34,869,077$37,311,514−7.0%
Legacy Silverton Medical Center, Silverton48$39,622,025$39,448,5060.4%
St. Charles Med CTR-Redmond, Redmond48$25,704,365$26,357,990−2.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 380003.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read October 17, 2005.