Velarion Records

Short-term acute care hospital · Jasper, Tennessee · 50 beds · CMS certification number 440064

Grandview Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2014, reopened, stamped by CMS October 25, 2019. Nineteen years on file, every one shown below.

Fiscal 2014 at a glance

Net patient revenue
$3.3M
$3,250,150 · G-3 line 3
Operating expenses
$4.4M
$4,370,624 · G-3 line 4
Result from patient care
−$1.1M
−$1,120,474 · G-3 line 5
Margin on patient care
−34.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $17.2M in its first year on file (1996) to $3.3M in 2014.
  • Its result from patient care: −$3.7M (2012), −$6.2M (2013), −$1.1M (2014).
  • 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 2014.

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

Nineteen years of filings

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

Net patient revenueOperating expenses
1996
settled
$17.2M
$15.3M
1997
as submitted
$16.8M
$20.1M
1998
as submitted
$15.6M
$17.3M
1999
as submitted
$19.4M
$21.3M
2000
as submitted
$18.8M
$22.4M
2001
settled
$23.7M
$24.8M
2002
settled
$28.1M
$26.3M
2003
settled
$25.3M
$27.3M
2004
settled
$26.7M
$31.5M
2005
settled
$27.1M
$30.2M
2006
reopened
$26.6M
$29.3M
2007
reopened
$28.7M
$30.9M
2008
reopened
$26.8M
$30.2M
2009
reopened
$23.4M
$28.6M
2010
as submitted
$26.4M
$29.0M
2011
reopened
$26.5M
$29.5M
2012
reopened
$24.2M
$28.0M
2013
reopened
$20.4M
$26.6M
2014
reopened
$3.3M
$4.4M

Beside its peers

Short-term acute care hospitals in Tennessee with 50 to 99 beds, each on fiscal year 2014.

HospitalBedsNet patient revenueOperating expensesMargin
Grandview Medical Center50$3,250,150$4,370,624−34.5%
Ascension Saint Thomas Dekalb, Smithville52$14,617,511$14,699,142−0.6%
Jellico Community Hospital, Jellico54$19,829,138$32,308,835−62.9%
Covenant Health Leconte, Sevierville56$70,333,681$67,617,1603.9%
Covenant Health Roane, Harriman52$29,765,686$34,225,708−15.0%
Unity Medical Center, Manchester54$9,174,977$10,842,800−18.2%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Tennessee

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2014.ZIP, form CMS-2552-10, filed under CMS certification number 440064.

How this page was built: the CMS Medicare cost report, file HOSP10FY2014.ZIP, read October 25, 2019.