Velarion Records

Psychiatric hospital · Portland, Connecticut · 24 beds · CMS certification number 074007

Blueridge Health Services

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2003, settled, stamped by CMS August 29, 2006. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$13.4M
$13,394,183 · G-3 line 3
Operating expenses
$25.7M
$25,679,860 · G-3 line 4
Result from patient care
−$12.3M
−$12,285,677 · G-3 line 5
Margin on patient care
−91.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $25.2M in its first year on file (1996) to $13.4M in 2003.
  • Its result from patient care: −$12.6M (2001), −$28.2M (2002), −$12.3M (2003).
  • All 5 psychiatric 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
$25.2M
$23.9M
1997
settled with audit
$25.3M
$24.7M
1998
settled with audit
$15.1M
$22.8M
1999
settled
$21.7M
$29.7M
2000
settled
$19.5M
$31.8M
2001
settled
$19.7M
$32.3M
2002
settled
$11.8M
$39.9M
2003
settled
$13.4M
$25.7M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Connecticut first; each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Blueridge Health Services24$13,394,183$25,679,860−91.7%
Hall-Brooke Behavioral HLTH SVS, Westport60$15,535,529$19,313,151−24.3%
Natchaug Hospital, Mansfield Center54$13,991,748$22,134,797−58.2%
Pathways of Tennessee, Jackson (TN)25$9,929,741$14,583,644−46.9%
Silver Hill Hospital, New Canaan84$21,444,638$24,929,011−16.3%
Taylor Hardin Secure Medical Fac, Tuscaloosa (AL)24$373,367$10,191,394−2629.6%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2003.ZIP, form CMS-2552-96, filed under CMS certification number 074007.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read August 29, 2006.