Velarion Records

Short-term acute care hospital · Newport, Vermont · 49 beds · CMS certification number 470008

North Country Hospital & Health CTR

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2004, settled with audit, stamped by CMS September 29, 2006. Nine years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$44.3M
$44,254,221 · G-3 line 3
Operating expenses
$47.7M
$47,715,439 · G-3 line 4
Result from patient care
−$3.5M
−$3,461,218 · G-3 line 5
Margin on patient care
−7.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $19.3M in its first year on file (1996) to $44.3M in 2004.
  • Its result from patient care: −$1.6M (2002), −$1.4M (2003), −$3.5M (2004).
  • 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 2004.

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

Nine years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$19.3M
$20.5M
1997
reopened
$21.7M
$22.7M
1998
reopened
$22.8M
$22.8M
1999
reopened
$22.8M
$24.7M
2000
reopened
$26.4M
$27.4M
2001
settled with audit
$29.8M
$31.6M
2002
settled
$34.0M
$35.6M
2003
settled
$37.5M
$38.9M
2004
settled with audit
$44.3M
$47.7M

Beside its peers

Short-term acute care hospitals in Vermont with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
North Country Hospital & Health CTR49$44,254,221$47,715,439−7.8%
Brattleboro Memorial Hospital, Brattleboro47$34,734,928$34,588,2130.4%
Copley Hospital, Morrisville42$32,473,276$31,547,1142.9%
Northeastern VT Regional Hospital, St. Johnsbury39$23,549,306$24,286,777−3.1%
Porter Hospital, Middlebury45$35,826,509$37,404,777−4.4%
Springfield Hospital, Springfield43$37,920,444$37,602,0030.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 470008.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read September 29, 2006.