Velarion Records

Short-term acute care hospital · Torrington, Wyoming · 36 beds · CMS certification number 530018

Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2002, settled, stamped by CMS October 17, 2005. Seven years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$12.7M
$12,682,297 · G-3 line 3
Operating expenses
$15.2M
$15,218,835 · G-3 line 4
Result from patient care
−$2.5M
−$2,536,538 · G-3 line 5
Margin on patient care
−20.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.9M in its first year on file (1996) to $12.7M in 2002.
  • Its result from patient care: −$361K (2000), −$347K (2001), −$2.5M (2002).
  • 4 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 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 with audit
$8.9M
$9.0M
1997
settled
$9.8M
$10.2M
1998
settled
$11.1M
$11.3M
1999
as submitted
$11.8M
$11.5M
2000
settled
$12.2M
$12.5M
2001
settled with audit
$13.3M
$13.6M
2002
settled
$12.7M
$15.2M

Beside its peers

Short-term acute care hospitals in Wyoming with 25 to 49 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
Community Hospital36$12,682,297$15,218,835−20.0%
Evanston Regional Hospital, Evanston42$14,815,653$15,081,310−1.8%
Hot Springs County Memorial, Thermopolis33$8,390,718$9,699,011−15.6%
Powell Hospital, Powell38$16,740,272$16,754,304−0.1%
St. Johns Med Center/Or St. Johns Health, Jackson40$38,248,619$40,558,886−6.0%
Washakie Medical Center, Worland33$12,513,375$11,693,0026.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 530018.

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