Velarion Records

Short-term acute care hospital · Sherman Oaks, California · 118 beds · CMS certification number 050214

Granada Hills Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 8, 2003, settled, stamped by CMS September 20, 2006. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$23.6M
$23,636,599 · G-3 line 3
Operating expenses
$27.1M
$27,065,944 · G-3 line 4
Result from patient care
−$3.4M
−$3,429,345 · G-3 line 5
Margin on patient care
−14.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $36.0M in its first year on file (1996) to $23.6M in 2003.
  • Its result from patient care: −$5.2M (2001), −$11.7M (2002), −$3.4M (2003).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2003.

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
1996
reopened
$36.0M
$35.7M
1997
reopened
$35.9M
$38.5M
1998
reopened
$34.9M
$41.1M
1999
settled with audit
$34.7M
$40.2M
2000
reopened
$31.4M
$35.6M
2001
reopened
$35.8M
$41.0M
2002
reopened
$32.5M
$44.2M
2003
settled
$23.6M
$27.1M

Beside its peers

Short-term acute care hospitals in California with 100 to 199 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Granada Hills Community Hospital118$23,636,599$27,065,944−14.5%
Brea Community Hospital, Brea116$26,309,627$32,846,265−24.9%
Costa Mesa Medical Center Hospital, Costa Mesa122$23,391,325$31,494,206−34.6%
Emanuel Medical Center, Turlock118$65,360,359$70,650,543−8.1%
Northbay Medical Center, Fairfield121$105,751,691$114,114,359−7.9%
Oroville Hospital, Oroville123$68,852,579$73,571,677−6.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 050214.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read September 20, 2006.