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Short-term acute care hospital · Marion, Virginia · 8 beds · CMS certification number 490105

Swvmhi Med-Surg

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2014, settled, stamped by CMS March 3, 2016. Eighteen years on file, every one shown below.

Fiscal 2014 at a glance

Net patient revenue
$10.1M
$10,121,221 · G-3 line 3
Operating expenses
$34.7M
$34,686,466 · G-3 line 4
Result from patient care
−$24.6M
−$24,565,245 · G-3 line 5
Margin on patient care
−242.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.7M in its first year on file (1997) to $10.1M in 2014.
  • Its result from patient care: −$25.8M (2012), −$27.8M (2013), −$24.6M (2014).
  • 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 2014.

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

Eighteen years of filings

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

Net patient revenueOperating expenses
1997
reopened
$6.7M
$22.1M
1998
reopened
$6.7M
$24.0M
1999
reopened
$7.5M
$24.5M
2000
reopened
$6.2M
$27.4M
2001
reopened
$5.7M
$28.9M
2002
reopened
$7.2M
$27.8M
2003
reopened
$6.5M
$28.4M
2004
reopened
$6.1M
$28.8M
2005
reopened
$7.4M
$30.1M
2006
reopened
$7.5M
$32.4M
2007
settled
$9.7M
$34.1M
2008
settled
$10.6M
$38.0M
2009
reopened
$10.4M
$37.1M
2010
reopened
$10.8M
$36.4M
2011
reopened
$6.6M
$29.2M
2012
reopened
$6.1M
$31.9M
2013
settled
$8.9M
$36.7M
2014
settled
$10.1M
$34.7M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Virginia first; each on fiscal year 2014.

HospitalBedsNet patient revenueOperating expensesMargin
Swvmhi Med-Surg8$10,121,221$34,686,466−242.7%
Carilion Franklin Memorial Hospital, Rocky Mount37$33,897,625$33,105,6662.3%
Eastern State Hospital, Williamsburg5$18,124,688$68,666,346−278.9%
Hiram W Davis Medical Center, Petersburg4$40,310,362$128,854,159−219.7%
Smyth County Community Hospital, Marion30$41,268,247$46,492,198−12.7%
Western State Hospital, Staunton2$6,098,875$54,832,907−799.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2013.ZIP, form CMS-2552-10, filed under CMS certification number 490105.

How this page was built: the CMS Medicare cost report, file HOSP10FY2013.ZIP, read March 3, 2016.