Velarion Records

Rehabilitation hospital · Thornton, Colorado · 66 beds · CMS certification number 063028

Mediplex Rehab of Denver

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1998, as submitted, stamped by CMS February 3, 2000. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$14.2M
$14,181,727 · G-3 line 3
Operating expenses
$16.9M
$16,865,765 · G-3 line 4
Result from patient care
−$2.7M
−$2,684,038 · G-3 line 5
Margin on patient care
−18.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $16.0M in its first year on file (1996) to $14.2M in 1998.
  • Its result from patient care: −$1.4M (1996), −$1.1M (1997), −$2.7M (1998).
  • 3 of the 5 rehabilitation hospital peers below with a margin on file also report a loss on patient care for fiscal year 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
settled
$16.0M
$17.4M
1997
as submitted
$13.4M
$14.5M
1998
as submitted
$14.2M
$16.9M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Colorado first; each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Mediplex Rehab of Denver66$14,181,727$16,865,765−18.9%
Gonzales Warm Springs Rehab Hosp, Gonzales (TX)68$12,787,217$11,799,1907.7%
Midamerica Rehabilitation Hospital, Overland Park (KS)65$17,582,421$15,804,53810.1%
Encompass Health Rehabilitation Hospital of Colorado Springs, Colorado Springs64$9,826,655$10,187,046−3.7%
Rehabilitation Hospital of Indiana, Indianapolis (IN)66$21,173,017$22,257,435−5.1%
HCA Healthone Spalding Rehabilitation, Aurora123$19,333,638$24,993,433−29.3%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 063028.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read February 3, 2000.