Velarion Records

Short-term acute care hospital · Pasadena, California · 119 beds · CMS certification number 050029

St.Luke Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2002, reopened, stamped by CMS August 25, 2006. Six years on file, every one shown below.

Fiscal 2002 at a glance

Net patient revenue
$20.4M
$20,413,853 · G-3 line 3
Operating expenses
$36.4M
$36,365,907 · G-3 line 4
Result from patient care
−$16.0M
−$15,952,054 · G-3 line 5
Margin on patient care
−78.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $40.9M in its first year on file (1997) to $20.4M in 2002.
  • Its result from patient care: −$1.3M (2000), −$8.5M (2001), −$16.0M (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.

Six years of filings

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

Net patient revenueOperating expenses
1997
reopened
$40.9M
$38.4M
1998
reopened
$37.3M
$40.7M
1999
reopened
$39.3M
$37.8M
2000
reopened
$39.7M
$41.0M
2001
reopened
$36.8M
$45.3M
2002
reopened
$20.4M
$36.4M

Beside its peers

Short-term acute care hospitals in California with 100 to 199 beds, each on fiscal year 2002.

HospitalBedsNet patient revenueOperating expensesMargin
St.Luke Medical Center119$20,413,853$36,365,907−78.1%
Community Hospital of Long Beach, Long Beach120$21,574,935$20,551,6274.7%
Emanuel Medical Center, Turlock118$59,497,938$64,569,169−8.5%
Granada Hills Comm Hospital, Granada Hills118$32,521,372$44,246,589−36.0%
Northbay Medical Center, Fairfield121$90,273,911$96,326,535−6.7%
UCSF Health Community Hospitals, San Francisco120$97,801,853$101,225,585−3.5%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in California

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 050029.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read August 25, 2006.