Velarion Records

Short-term acute care hospital · Vermillion, South Dakota · 30 beds · CMS certification number 430029

Sioux Valley Vermillion

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2004, settled, stamped by CMS September 30, 2005. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$8.8M
$8,766,373 · G-3 line 3
Operating expenses
$13.1M
$13,100,657 · G-3 line 4
Result from patient care
−$4.3M
−$4,334,284 · G-3 line 5
Margin on patient care
−49.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.8M in its first year on file (1997) to $8.8M in 2004.
  • Its result from patient care: −$2.7M (2002), −$750K (2003), −$4.3M (2004).
  • 4 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.

Eight years of filings

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

Net patient revenueOperating expenses
1997
settled
$6.8M
$6.7M
1998
settled
$7.4M
$7.4M
1999
settled
$7.6M
$8.9M
2000
settled
$7.6M
$9.4M
2001
reopened
$8.9M
$9.2M
2002
reopened
$8.3M
$11.1M
2003
settled
$12.0M
$12.7M
2004
settled
$8.8M
$13.1M

Beside its peers

Short-term acute care hospitals in South Dakota with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Sioux Valley Vermillion30$8,766,373$13,100,657−49.4%
Avera Gregory Healthcare Center, Gregory26$6,848,917$7,140,045−4.3%
Coteau Des Prairies, Sisseton31$6,700,839$6,226,0257.1%
Hand County Memorial Hospital, Miller30$2,765,362$3,472,158−25.6%
Monument Health Spearfish Hospital, Spearfish40$21,374,793$23,425,756−9.6%
Winner Regional Healthcare Center, Winner40$2,618,473$2,795,936−6.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 430029.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read September 30, 2005.