Velarion Records

Psychiatric hospital · Gray, Tennessee · 75 beds · CMS certification number 444006

Frontier Health

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2005, settled, stamped by CMS September 25, 2006. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$16.1M
$16,068,373 · G-3 line 3
Operating expenses
$40.8M
$40,756,475 · G-3 line 4
Result from patient care
−$24.7M
−$24,688,102 · G-3 line 5
Margin on patient care
−153.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.6M in its first year on file (1997) to $16.1M in 2005.
  • Its result from patient care: −$31.0M (2003), −$30.4M (2004), −$24.7M (2005).
  • 2 of the 5 psychiatric hospital peers below with a margin on file also report a loss 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
$10.6M
$14.2M
1998
reopened
$11.5M
$38.8M
1999
reopened
$10.9M
$38.9M
2000
reopened
$13.5M
$41.4M
2001
reopened
$15.8M
$44.9M
2002
settled
$17.5M
$46.2M
2003
settled
$18.1M
$49.1M
2004
settled
$20.0M
$50.4M
2005
settled
$16.1M
$40.8M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Tennessee first; each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Frontier Health75$16,068,373$40,756,475−153.6%
Lakeside Behavioral Health System, Memphis150$30,575,603$24,314,82320.5%
Middle Tennessee Mental Health Institute, Nashville270$27,901,940$47,216,726−69.2%
Pathways of Tennessee, Jackson25$18,025,283$16,965,1775.9%
Peninsula Hospital, Louisville115$34,508,180$34,436,6280.2%
Ridgeview Psychiatric Hospital and Center, Oak Ridge44$6,567,966$11,410,891−73.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 444006.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read September 25, 2006.