Velarion Records

Short-term acute care hospital · Reedsport, Oregon · 23 beds · CMS certification number 380065

Lower Umpqua Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 23, 2002, reopened, stamped by CMS September 1, 2005. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$11.6M
$11,564,107 · G-3 line 3
Operating expenses
$13.6M
$13,574,279 · G-3 line 4
Result from patient care
−$2.0M
−$2,010,172 · G-3 line 5
Margin on patient care
−17.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.9M in its first year on file (1997) to $11.6M in 2002.
  • Its result from patient care: −$1.0M (2000), −$1.5M (2001), −$2.0M (2002).
  • All 5 short-term acute care hospital peers below with a margin on file also report 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
$6.9M
$7.9M
1998
settled
$8.4M
$8.9M
1999
as submitted
$8.6M
$9.4M
2000
settled
$9.2M
$10.2M
2001
reopened
$10.1M
$11.6M
2002
reopened
$11.6M
$13.6M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Oregon first; each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Lower Umpqua Hospital23$11,564,107$13,574,279−17.4%
Coquille Valley Hospital, Coquille30$6,665,391$7,592,007−13.9%
Curry General Hospital, Gold Beach24$6,414,286$7,847,514−22.3%
Hood River Memorial Hospital, Hood River32$24,565,117$28,354,962−15.4%
Peace Harbor Hospital, Florence21$25,613,209$25,992,198−1.5%
Pioneer Memorial Hospital, Heppner10$2,634,605$3,590,928−36.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 380065.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read September 1, 2005.