Velarion Records

Short-term acute care hospital · Arlington, Virginia · 55 beds · CMS certification number 490014

Columbia Pentagon City

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1999, settled, stamped by CMS January 10, 2001. Four years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$30.7M
$30,689,328 · G-3 line 3
Operating expenses
$31.9M
$31,929,763 · G-3 line 4
Result from patient care
−$1.2M
−$1,240,435 · G-3 line 5
Margin on patient care
−4.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $27.0M in its first year on file (1996) to $30.7M in 1999.
  • Its result from patient care: −$1.5M (1997), −$3.6M (1998), −$1.2M (1999).
  • 4 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 1999.

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
1996
reopened
$27.0M
$30.6M
1997
reopened
$12.6M
$14.1M
1998
settled with audit
$29.5M
$33.1M
1999
settled
$30.7M
$31.9M

Beside its peers

Short-term acute care hospitals in Virginia with 50 to 99 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Columbia Pentagon City55$30,689,328$31,929,763−4.0%
R.J. Reynolds-Patrick Co Hosp, Stuart52$9,615,594$14,991,458−55.9%
Russell County Hospital, Lebanon58$22,599,070$24,794,999−9.7%
St. Marys Hospital of Norton, Norton54$26,856,699$26,089,3652.9%
Carilion Tazewell Community Hospital, Tazewell56$4,763,580$4,910,024−3.1%
N/A, Front Royal56$20,152,604$20,943,994−3.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 490014.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read January 10, 2001.