Velarion Records

Short-term acute care hospital · Los Angeles, California · 36 beds · CMS certification number 050713

Lincoln Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2004, settled, stamped by CMS February 13, 2006. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$2.8M
$2,821,103 · G-3 line 3
Operating expenses
$7.3M
$7,340,628 · G-3 line 4
Result from patient care
−$4.5M
−$4,519,525 · G-3 line 5
Margin on patient care
−160.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $17.1M in its first year on file (1997) to $2.8M in 2004.
  • Its result from patient care: −$7.2M (2002), −$5.0M (2003), −$4.5M (2004).
  • 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 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
settled
$17.1M
$13.3M
1998
settled
$18.7M
$12.9M
1999
settled
$14.6M
$13.0M
2000
settled
$10.5M
$11.9M
2001
settled
$8.1M
$8.6M
2002
settled
$5.3M
$12.5M
2003
settled
$6.2M
$11.2M
2004
settled
$2.8M
$7.3M

Beside its peers

Short-term acute care hospitals in California with 25 to 49 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Lincoln Hospital36$2,821,103$7,340,628−160.2%
Community Hospital of Gardena, Gardena38$15,095,905$14,974,3840.8%
Fresno Heart Hospital, Fresno36$30,889,080$39,434,086−27.7%
Healdsburg District Hospital, Healdsburg34$12,385,922$16,474,237−33.0%
Ojai Valley Community Hospital, Ojai37$15,920,745$18,158,039−14.1%
Palm Drive Hospital, Sebastopol37$17,942,428$19,913,246−11.0%

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More short-term acute care hospitals in California

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 050713.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read February 13, 2006.