Velarion Records

Short-term acute care hospital · Quincy, Washington · 16 beds · CMS certification number 500106

Quincy Valley Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2002, settled, stamped by CMS October 17, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$6.1M
$6,084,808 · G-3 line 3
Operating expenses
$6.5M
$6,543,364 · G-3 line 4
Result from patient care
−$459K
−$458,556 · G-3 line 5
Margin on patient care
−7.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.0M in its first year on file (1996) to $6.1M in 2002.
  • Its result from patient care: −$802K (2000), −$778K (2001), −$459K (2002).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2002.

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

Seven years of filings

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

Net patient revenueOperating expenses
1996
settled
$5.0M
$5.8M
1997
settled
$4.9M
$6.1M
1998
settled
$4.7M
$5.7M
1999
settled
$5.2M
$7.3M
2000
settled
$7.5M
$8.3M
2001
reopened
$8.2M
$8.9M
2002
settled
$6.1M
$6.5M

Beside its peers

Short-term acute care hospitals in Washington with under 25 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Quincy Valley Medical Center16$6,084,808$6,543,364−7.5%
Forks Community Hospital, Forks17$8,999,379$12,905,358−43.4%
Klickitat Valley Hospital, Goldendale15$1,764,991$2,120,303−20.1%
Morton General Hospital, Morton19$3,103,785$4,273,346−37.7%
Ocean Beach Hospital, Ilwaco15$8,383,404$10,546,236−25.8%
Fred Hutchinson Cancer Center, Seattle20$94,270,000$100,222,661−6.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 500106.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read October 17, 2005.