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Short-term acute care hospital · Keyser, West Virginia · 63 beds · CMS certification number 510061

Potomac Valley Hospital of WV

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2004, settled, stamped by CMS September 27, 2006. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$13.3M
$13,286,601 · G-3 line 3
Operating expenses
$13.4M
$13,383,332 · G-3 line 4
Result from patient care
−$97K
−$96,731 · G-3 line 5
Margin on patient care
−0.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $12.3M in its first year on file (1997) to $13.3M in 2004.
  • Its result from patient care: −$141K (2002), −$250K (2003), −$97K (2004).
  • 3 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 2004.

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

Eight years of filings

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

Net patient revenueOperating expenses
1997
reopened
$12.3M
$12.4M
1998
reopened
$11.7M
$13.1M
1999
settled
$13.7M
$13.8M
2000
settled
$14.1M
$14.2M
2001
settled
$13.8M
$14.2M
2002
settled
$13.3M
$13.4M
2003
settled
$13.4M
$13.7M
2004
settled
$13.3M
$13.4M

Beside its peers

Short-term acute care hospitals in West Virginia with 50 to 99 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Potomac Valley Hospital of WV63$13,286,601$13,383,332−0.7%
Montgomery General Hospital, Montgomery55$20,835,242$24,695,979−18.5%
Putnam General Hospital, Hurricane68$41,572,128$42,710,450−2.7%
St. Luke S Princeton, Bluefield79$23,424,425$22,705,1743.1%
Stonewall Jackson Memorial Hospital Company, Weston60$25,810,499$24,523,9615.0%
Williamson Memorial Hospital, Williamson76$29,012,008$29,820,959−2.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 510061.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read September 27, 2006.