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Psychiatric hospital · Williamsburg, Virginia · 40 beds · CMS certification number 494030

Eastern State Hospital Ipt

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 22, 2016, settled, stamped by CMS August 30, 2017. Two years on file, every one shown below.

Fiscal 2016 at a glance

Net patient revenue
$4.5M
$4,538,232 · G-3 line 3
Operating expenses
$60.8M
$60,810,758 · G-3 line 4
Result from patient care
−$56.3M
−$56,272,526 · G-3 line 5
Margin on patient care
−1240.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $13.6M in its first year on file (2015) to $4.5M in 2016.
  • Its result from patient care: −$61.8M (2015), −$56.3M (2016).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2016.

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

Two years of filings

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

Net patient revenueOperating expenses
2015
settled
$13.6M
$75.4M
2016
settled
$4.5M
$60.8M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Virginia first; each on fiscal year 2016.

HospitalBedsNet patient revenueOperating expensesMargin
Eastern State Hospital Ipt40$4,538,232$60,810,758−1240.0%
Poplar Springs Hospital, Petersburg100$37,607,711$26,814,63128.7%
Southern Virginia Mental Health Institute, Danville72$1,976,433$16,699,777−744.9%
The Pavilion at Williamsburg Place, Williamsburg57$13,941,196$15,107,107−8.4%
Virginia Beach Psychiatric Center, Virginia Beach100$21,919,727$17,844,85818.6%
Commonwealth of Virginia Western State Hospital, Staunton84$6,334,462$64,633,276−920.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2015.ZIP, form CMS-2552-10, filed under CMS certification number 494030.

How this page was built: the CMS Medicare cost report, file HOSP10FY2015.ZIP, read August 30, 2017.