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Psychiatric hospital · Leesburg, Virginia · 19 beds · CMS certification number 494020

Piedmont Behavioral Health CTR

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1998, settled, stamped by CMS October 2, 2001. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$2.4M
$2,351,373 · G-3 line 3
Operating expenses
$3.2M
$3,217,504 · G-3 line 4
Result from patient care
−$866K
−$866,131 · G-3 line 5
Margin on patient care
−36.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.9M in its first year on file (1996) to $2.4M in 1998.
  • Its result from patient care: −$6.1M (1996), −$1.2M (1997), −$866K (1998).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
settled
$2.9M
$9.0M
1997
settled
$1.6M
$2.8M
1998
settled
$2.4M
$3.2M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Virginia first; each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Piedmont Behavioral Health CTR19$2,351,373$3,217,504−36.8%
Behavioral Healthcare of Norfolk Dba, Norfolk45$5,779,948$5,871,285−1.6%
CBHS of Charlottesville, Charlottesville50$4,383,315$4,856,754−10.8%
Peninsula Hospital, Hampton75$8,848,791$9,356,088−5.7%
Snowden at Fredericksburg, Fredericksburg30$10,465,674$8,955,45614.4%
Valuemark W. End Behav. HLTH/C Sys., Richmond30$6,769,259$6,561,3783.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 494020.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read October 2, 2001.