Velarion Records

Hospital · New Boston, Texas · 28 beds · CMS certification number 450895

Living Hope New Boston Medical

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 3, 2005, settled, stamped by CMS February 12, 2008. Two years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$592K
$592,385 · G-3 line 3
Operating expenses
$1.3M
$1,271,096 · G-3 line 4
Result from patient care
−$679K
−$678,711 · G-3 line 5
Margin on patient care
−114.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $1.3M in its first year on file (2004) to $592K in 2005.
  • Its result from patient care: −$63K (2004), −$679K (2005).
  • 4 of the 5 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.

Two years of filings

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

Net patient revenueOperating expenses
2004
settled
$1.3M
$1.3M
2005
settled
$592K
$1.3M

Beside its peers

Hospitals in Texas with 25 to 49 beds, each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Living Hope New Boston Medical28$592,385$1,271,096−114.6%
Etmc Quitman, Quitman28$12,096,697$13,731,458−13.5%
Knox County Hospital, Knox City28$3,629,843$3,982,285−9.7%
Liberty-Dayton Community Hospital, Liberty29$7,869,890$7,838,5500.4%
Muleshoe Area Hospital District, Muleshoe29$6,550,391$7,449,813−13.7%
Otto Kaiser Memorial Hospital, Kenedy29$3,327,167$4,557,441−37.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 450895.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read February 12, 2008.