Velarion Records

Rehabilitation hospital · Institute, West Virginia · 40 beds · CMS certification number 513029

West Virginia Rehab Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2006, reopened, stamped by CMS December 18, 2008. Ten years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$2.9M
$2,855,506 · G-3 line 3
Operating expenses
$11.2M
$11,210,713 · G-3 line 4
Result from patient care
−$8.4M
−$8,355,207 · G-3 line 5
Margin on patient care
−292.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.2M in its first year on file (1997) to $2.9M in 2006.
  • Its result from patient care: −$8.3M (2004), −$8.6M (2005), −$8.4M (2006).
  • None of the 5 rehabilitation hospital peers below with a margin on file reports a loss on patient care for fiscal year 2006.

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

Ten years of filings

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

Net patient revenueOperating expenses
1997
settled
$1.2M
$9.5M
1998
settled
$1.2M
$10.1M
1999
settled
$1.6M
$10.7M
2000
settled
$1.9M
$12.0M
2001
settled
$1.8M
$11.0M
2002
settled
$1.2M
$11.1M
2003
settled
$1.9M
$11.5M
2004
settled
$3.1M
$11.4M
2005
settled
$3.3M
$12.0M
2006
reopened
$2.9M
$11.2M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from West Virginia first; each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
West Virginia Rehab Hospital40$2,855,506$11,210,713−292.6%
Encompass Health Rehabilitation Hospital of Morgantown, Morgantown96$28,767,136$24,141,49516.1%
Encompass Health Rehabilitation Hospital of Huntington, Huntington52$14,310,739$9,636,37932.7%
Encompass Health Rehabilitation Hospital of Parkersburg, Parkersburg40$14,752,516$10,141,98331.3%
Seneca Rehabilitation Hospital, Wheeling22$14,464,486$13,276,1938.2%
Encompass Health Rehabilitation Hospital of Princeton, Princeton60$16,556,371$10,601,49636.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 513029.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read December 18, 2008.