Velarion Records

Psychiatric hospital · Kingwood, Texas · 80 beds · CMS certification number 454045

Charter BHS of Souteast Texas

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 2, 2000, as submitted, stamped by CMS March 28, 2001. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$3.4M
$3,370,732 · G-3 line 3
Operating expenses
$5.5M
$5,451,078 · G-3 line 4
Result from patient care
−$2.1M
−$2,080,346 · G-3 line 5
Margin on patient care
−61.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $6.6M in its first year on file (1997) to $3.4M in 2000.
  • Its result from patient care: −$1.8M (1998), −$2.2M (1999), −$2.1M (2000).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2000.

Every statement is drawn from figures on this page; nothing is estimated.

Four years of filings

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

Net patient revenueOperating expenses
1997
reopened
$6.6M
$8.9M
1998
settled
$4.5M
$6.3M
1999
as submitted
$5.3M
$7.5M
2000
as submitted
$3.4M
$5.5M

Beside its peers

Psychiatric hospitals in Texas with 50 to 99 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Charter BHS of Souteast Texas80$3,370,732$5,451,078−61.7%
Charter Grapevine BHS, Grapevine80$5,357,186$7,493,182−39.9%
Cypress Creek Hospital, Houston89$13,289,676$13,234,7480.4%
North Texas State Hospital - Wichita Falls Campus, Wichita Falls88$12,507,150$84,419,092−575.0%
River Crest Hospital, San Angelo80$5,189,149$5,144,8020.9%
Hickory Trail Hospital, Desoto86$6,258,265$7,891,653−26.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 454045.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read March 28, 2001.