Velarion Records

Short-term acute care hospital · Philadelphia, Pennsylvania · 219 beds · CMS certification number 390287

Medical College of Pennsylvania

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2004, reopened, stamped by CMS April 27, 2020. Six years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$42.4M
$42,388,569 · G-3 line 3
Operating expenses
$123.5M
$123,547,442 · G-3 line 4
Result from patient care
−$81.2M
−$81,158,873 · G-3 line 5
Margin on patient care
−191.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $122.1M in its first year on file (1999) to $42.4M in 2004.
  • Its result from patient care: −$17.8M (2002), −$49.8M (2003), −$81.2M (2004).
  • 2 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 2004.

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
1999
reopened
$122.1M
$136.7M
2000
reopened
$136.8M
$140.6M
2001
reopened
$141.6M
$159.8M
2002
reopened
$164.2M
$182.0M
2003
reopened
$140.5M
$190.3M
2004
reopened
$42.4M
$123.5M

Beside its peers

Short-term acute care hospitals in Pennsylvania with 200 to 399 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Medical College of Pennsylvania219$42,388,569$123,547,442−191.5%
Penn Presbyterian Medical Center, Philadelphia220$251,178,000$283,074,000−12.7%
Sacred Heart Hospital, Allentown219$103,892,497$106,220,829−2.2%
Penn State Health St. Joseph, Reading223$145,674,220$144,346,6850.9%
Chester County Hospital, West Chester226$124,640,820$121,976,0892.1%
UPMC St. Margaret, Pittsburgh216$152,005,209$151,620,0680.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 390287.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read April 27, 2020.