Velarion Records

Public registries, as they were filed.

Record report · CMS certification number 452117

CONTINUECARE HOSPITAL OF MILAND

MIDLAND, Texas · long-term care hospital

1. Finances, as filed

From this hospital’s Medicare cost report for the year ended 30 April 2018.

FigureAs filedWhere it comes from
Total patient revenue$28,592,347CMS-2552-10 worksheet G300000 line 100 column 100
Contractual allowances$21,581,675CMS-2552-10 worksheet G300000 line 200 column 100
Net patient revenue$7,010,672CMS-2552-10 worksheet G300000 line 300 column 100
Total operating expenses$8,602,501CMS-2552-10 worksheet G300000 line 400 column 100
Income from service to patients−$1,591,829CMS-2552-10 worksheet G300000 line 500 column 100
Total facility beds29CMS-2552-10 worksheet S300001 line 1400 column 200

Cost report filed under CMS certification number 452117 for 1 May 2017 to 30 April 2018, settled. The public file it was read from.

2. Five hospitals in Texas of a similar size, for fiscal year 2018

Chosen for having bed counts close to this hospital’s, and listed by name. Not the state’s largest hospitals: a comparison only means something between hospitals of roughly the same size, and only across the same fiscal year. Each figure is that hospital’s own filing; the day each fiscal year ends differs and is shown.

HospitalBedsNet patient revenueTotal operating expensesCharity care, at costUncompensated care, at costPeriod ended
BAYLOR COUNTY HOSPITAL DISTRICT27$9,090,068$13,316,614$1,307,687$1,557,20430 June 2018
CONTINUECARE HOSPITAL OF MILAND29$7,010,672$8,602,50130 April 2018
HEREFORD REGIONAL MEDICAL CTR30$15,518,762$24,765,681$1,073,701$2,875,36730 September 2018
KNOX COUNTY HOSPITAL28$36,725,402$19,576,967$174,520$221,84830 September 2018
PERMIAN REGIONAL MEDICAL CENTER30$26,839,259$52,842,595$1,162,791$4,727,21430 September 2018
TEXAS STAR RECOVERY28$35,771,684$31,053,485−$36,97931 December 2018

3. Where this hospital sits

A position, not a score: the hospitals are counted, not ranked. Each line names the hospitals the position was taken over.

  • 33rdpercentile of 52 hospitals in TX, same facility class, 25 to 49 bedsNet patient revenue

Net patient revenue across every hospital filing for 2018, with this one marked.

This hospital$9,722,859$450,008,741

Middle half between $19,078,025 and $184,735,005, midpoint $51,731,588, across 5,809 hospitals.

  • 37thpercentile of 52 hospitals in TX, same facility class, 25 to 49 bedsTotal operating expenses

Total operating expenses across every hospital filing for 2018, with this one marked.

This hospital$11,109,652$445,400,155

Middle half between $20,131,699 and $180,047,211, midpoint $53,821,376, across 5,994 hospitals.

  • 21stpercentile of 52 hospitals in TX, same facility class, 25 to 49 bedsTotal facility beds

Total facility beds across every hospital filing for 2018, with this one marked.

This hospital20329

Middle half between 25 and 172, midpoint 66, across 5,989 hospitals.

4. Executive compensation and community benefit

Not in this report. Executive pay is filed on IRS Form 990 Part VII and community benefit on its Schedule H, under an employer identification number. Neither the 340B register nor the Medicare cost report carries that number, so nothing on either document identifies the same organization.

Every cost report on file

One row per filing, oldest first until you say otherwise. Every column orders both ways. Reporting periods differ between filings and the length of each is shown, because revenue over three months set beside revenue over twelve is a wrong number that looks right.

4 filings, ordered by Fiscal year
Fiscal year Period ended Days Form Status Beds Net patient revenue Total operating expenses Income from service to patients Charity care, at cost Uncompensated care, at cost Bad debt expense Cost-to-charge ratio Stamped by CMS
20152015-04-30364CMS-2552-10settled29$10,455,462$11,398,851−$943,3892016-10-04
20162016-04-30365CMS-2552-10settled29$10,697,655$10,927,286−$229,6312017-10-17
20172017-04-30364CMS-2552-10settled29$9,913,747$10,179,666−$265,9192018-07-31
20182018-04-30364CMS-2552-10settled29$7,010,672$8,602,501−$1,591,8292019-10-29

How to read this report

Every figure above is printed as its source document printed it, with the exact place it came from beside it: the worksheet, line and column of the Medicare cost report this hospital filed under CMS certification number 452117. A reader holding the same public file can go to that cell.

Where this hospital is on the 340B covered-entity register, the registration facts come from the HRSA 340B OPAIS Covered Entity Daily Report. The two documents name the same hospital because they carry the same certification number, not because their names resemble each other.

A figure the hospital’s filing does not carry is left out. A figure whose value the filing’s own arithmetic contradicts is also left out. A year filed as submitted whose figures differ from the prior filing by more than the factor stated on the methodology page is marked beside the figure and left out of the distributions and the peer table until a settled version posts. Nothing here is estimated and nothing is carried in from another year.

No percentage or ratio is calculated anywhere in this report. Charity care and revenue sit in adjacent rows and the reader draws the relation.

Financial figures: CMS Healthcare Cost Report Information System, publication year 2017, file HOSP10FY2017.ZIP. Corrections: hello@velarionrecords.com. Velarion Records takes no position on the 340B Drug Pricing Program or anyone taking part in it.

The full report for CONTINUECARE HOSPITAL OF MILAND

Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.

← the full cost-report record