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Short-term acute care hospital · Pennington Gap, Virginia · 43 beds · CMS certification number 490012

Lee Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2013, reopened, stamped by CMS July 26, 2024. Seventeen years on file, every one shown below.

Fiscal 2013 at a glance

Net patient revenue
$16.5M
$16,509,167 · G-3 line 3
Operating expenses
$19.3M
$19,257,144 · G-3 line 4
Result from patient care
−$2.7M
−$2,747,977 · G-3 line 5
Margin on patient care
−16.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $30.8M in its first year on file (1997) to $16.5M in 2013.
  • Its result from patient care: −$1.6M (2011), −$4.8M (2012), −$2.7M (2013).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2013.
  • Medicaid paid for 17.8% of its inpatient days and Medicare for 58.7%.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
1997
reopened
$30.8M
$32.1M
1998
reopened
$33.3M
$35.4M
1999
settled with audit
$29.3M
$30.8M
2000
settled
$19.1M
$20.0M
2001
settled
$17.7M
$17.6M
2002
reopened
$20.6M
$16.4M
2003
settled with audit
$20.7M
$16.8M
2004
settled
$19.8M
$17.2M
2005
settled
$20.8M
$16.2M
2006
settled
$21.4M
$17.1M
2007
settled
$18.7M
$16.1M
2008
reopened
$22.8M
$24.5M
2009
reopened
not filed
not filed
2010
reopened
not filed
$24.8M
2011
as submitted
$22.2M
$23.8M
2012
reopened
$17.7M
$22.5M
2013
reopened
$16.5M
$19.3M

Beside its peers

Short-term acute care hospitals in Virginia with 25 to 49 beds, each on fiscal year 2013.

HospitalBedsNet patient revenueOperating expensesMargin
Lee Regional Medical Center43$16,509,167$19,257,144−16.7%
Carilion Franklin Memorial Hospital, Rocky Mount37$33,554,600$33,871,907−0.9%
Riverside Doctors Hospital of Williamsburg, Williamsburg40$13,376,990$26,117,462−95.2%
Russell County Hospital, Lebanon49$19,396,769$23,613,802−21.7%
Smyth County Community Hospital, Marion30$42,384,537$47,558,730−12.2%
N/A, Front Royal46$43,887,390$48,882,975−11.4%

Patients and payers

Discharges
1,367
S-3 line 14, col 15
Inpatient days
4,918
S-3 line 14, col 8
Beds in use, on an average day
13.5
days ÷ days in year
Occupancy
31.3%
days ÷ bed days
Medicare share of days
58.7%
S-3 cols 6 ÷ 8
Medicaid share of days
17.8%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: voluntary nonprofit, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2012.ZIP, form CMS-2552-10, filed under CMS certification number 490012. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2012.ZIP, read July 26, 2024.