Velarion Records

Short-term acute care hospital · Dayton, Tennessee · 49 beds · CMS certification number 440023

Rhea Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2005, reopened, stamped by CMS July 25, 2007. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$10.3M
$10,349,530 · G-3 line 3
Operating expenses
$10.2M
$10,153,700 · G-3 line 4
Result from patient care
$196K
$195,830 · G-3 line 5
Margin on patient care
1.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $11.1M in its first year on file (1997) to $10.3M in 2005.
  • Its result from patient care: $182K (2003), $961K (2004), $196K (2005).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
settled with audit
$11.1M
$11.0M
1998
settled
$12.4M
$12.4M
1999
reopened
$12.9M
$13.0M
2000
settled
$12.3M
$12.6M
2001
settled with audit
$12.5M
$12.4M
2002
settled
$14.2M
$13.7M
2003
settled
$15.3M
$15.1M
2004
settled
$16.9M
$16.0M
2005
reopened
$10.3M
$10.2M

Beside its peers

Short-term acute care hospitals in Tennessee with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Rhea Medical Center49$10,349,530$10,153,7001.9%
Tennova Healthcare Newport Medical Center, Newport47$24,462,199$24,157,0181.3%
Grandview Medical Center, Jasper45$27,111,258$30,246,557−11.6%
Johnson City Specialty Hospital, Johnson City49$11,121,664$9,621,76113.5%
Lincoln Medical Center, Fayetteville49$22,091,044$23,347,088−5.7%
Unicoi County Memorial Hospital, Erwin48$17,174,262$16,756,4172.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 440023.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read July 25, 2007.