Velarion Records

Short-term acute care hospital · Lancaster, Texas · 75 beds · CMS certification number 450715

The Medical Center at Lancaster

Latest filing: fiscal year ended December 31, 2006, settled with audit, stamped by CMS February 9, 2009. Ten years on file, all shown below.

Fiscal 2006 at a glance

Net patient revenue $35.9M $35,887,269 · G-3 line 3
Operating expenses $43.5M $43,527,158 · G-3 line 4
Result from patient care −$7.6M −$7,639,889 · G-3 line 5
Margin on patient care −21.3% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.3M in its first year on file (1997) to $35.9M in 2006.
  • From fiscal year 2005 to fiscal year 2006 its net patient revenue fell 11.1%.
  • Its result from patient care: −$439K (2004), −$6.4M (2005), −$7.6M (2006).
  • 2 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 2006.

How these statements are drawn

Ten years of filings

Net patient revenueOperating expenses

1997 settled margin −7.0% $5.3M $5.7M

1998 settled margin −24.5% $20.7M $25.8M

1999 settled margin −19.5% $24.0M $28.7M

2000 settled margin −21.6% $22.6M $27.4M

2001 settled with audit margin −8.6% $32.5M $35.3M

2002 reopened margin −9.2% $30.1M $32.8M

2003 settled margin −4.6% $36.8M $38.4M

2004 settled margin −1.4% $31.2M $31.7M

2005 settled margin −16.0% $40.4M $46.8M

2006 settled with audit margin −21.3% $35.9M $43.5M

Beside its peers

Short-term acute care hospitals in Texas with 50 to 99 beds, fiscal year 2006.

Hospital Beds Net patient revenue Operating expenses Margin

The Medical Center at Lancaster 75 $35,887,269 $43,527,158 −21.3%

Medical City Weatherford, Weatherford 77 $46,025,017 $58,832,985 −27.8%

Georgetown Hospital, Georgetown 80 $16,029,511 $15,444,619 3.6%

Lubbock Heart Hospital, Lubbock 74 $60,363,641 $52,866,778 12.4%

Memorial Hermann Sugar Land Hospital, Missouri City 74 $40,479,491 $43,457,538 −7.4%

Vista Hospital of Dallas, Garland 79 $15,195,358 $12,123,636 20.2%

Follow The Medical Center at Lancaster, free

More short-term acute care hospitals in Texas

File HOSPFY2006.ZIP, form CMS-2552-96, CMS certification number 450715.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read February 9, 2009.