Velarion Records

Short-term acute care hospital · Stanton, Texas · 27 beds · CMS certification number 450307

Martin County Hospital District

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 30, 2002, settled with audit, stamped by CMS August 25, 2004. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$2.5M
$2,545,663 · G-3 line 3
Operating expenses
$4.5M
$4,503,225 · G-3 line 4
Result from patient care
−$2.0M
−$1,957,562 · G-3 line 5
Margin on patient care
−76.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.0M in its first year on file (1997) to $2.5M in 2002.
  • Its result from patient care: −$2.6M (2000), −$1.8M (2001), −$2.0M (2002).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2002.

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
1997
settled
$3.0M
$3.7M
1998
settled
$3.3M
$3.9M
1999
settled with audit
$2.8M
$4.4M
2000
settled with audit
$2.1M
$4.7M
2001
settled with audit
$2.7M
$4.5M
2002
settled with audit
$2.5M
$4.5M

Beside its peers

Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Martin County Hospital District27$2,545,663$4,503,225−76.9%
Crane Memorial Hospital, Crane28$1,767,616$3,264,931−84.7%
McCulloch County Hospital District, Brady27$4,806,914$5,893,967−22.6%
Stamford Memorial Hospital, Stamford28$5,424,990$5,429,793−0.1%
W.J. Mangold Memorial Hospital, Lockney27$3,063,094$3,952,147−29.0%
Yoakum Community Hospital, Yoakum28$7,807,906$9,654,860−23.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 450307.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read August 25, 2004.