Velarion Records

Short-term acute care hospital · Miami, Florida · 476 beds · CMS certification number 100009

University of Miami Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2017, reopened, stamped by CMS September 1, 2021. 22 years on file, every one shown below.

Fiscal 2017 at a glance

Net patient revenue
$391.8M
$391,752,853 · G-3 line 3
Operating expenses
$500.4M
$500,403,874 · G-3 line 4
Result from patient care
−$108.7M
−$108,651,021 · G-3 line 5
Margin on patient care
−27.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $189.5M in its first year on file (1996) to $391.8M in 2017.
  • Its result from patient care: $32.3M (2015), −$77.1M (2016), −$108.7M (2017).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2017.

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

22 years of filings

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

Net patient revenueOperating expenses
1996
as submitted
$189.5M
$158.9M
1997
as submitted
$180.5M
$161.0M
1998
as submitted
$175.1M
$158.2M
1999
as submitted
$162.7M
$146.6M
2000
as submitted
$179.9M
$152.0M
2001
reopened
$211.1M
$182.2M
2002
reopened
$243.2M
$205.3M
2003
reopened
$224.9M
$194.8M
2004
reopened
$223.8M
$205.7M
2005
reopened
$212.7M
$205.7M
2006
reopened
$215.7M
$220.7M
2007
reopened
$180.1M
$183.8M
2008
settled
$120.9M
$130.6M
2009
reopened
$275.8M
$293.8M
2010
reopened
$317.3M
$332.0M
2011
reopened
$342.1M
$350.9M
2012
reopened
$370.5M
$359.5M
2013
settled with audit
$377.9M
$462.6M
2014
reopened
$393.2M
$367.9M
2015
reopened
$425.0M
$392.8M
2016
reopened
$423.4M
$500.5M
2017
reopened
$391.8M
$500.4M

Beside its peers

Short-term acute care hospitals in Florida with 400 and over beds, each on fiscal year 2017.

HospitalBedsNet patient revenueOperating expensesMargin
University of Miami Hospital476$391,752,853$500,403,874−27.7%
Morton Plant Hospital, Clearwater470$586,102,544$524,184,26310.6%
Mount Sinai Medical Center of Florida, Miami Beach480$566,546,219$572,907,193−1.1%
South Miami Hospital, Miami436$484,696,318$483,387,2960.3%
Ascension St. Vincent's Riverside, Jacksonville481$465,537,337$433,884,9246.8%
Winter Haven Hospital, Winter Haven495$326,582,809$300,639,5697.9%

Follow this hospital, free

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

More short-term acute care hospitals in Florida

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 HOSP10FY2016.ZIP, form CMS-2552-10, filed under CMS certification number 100009.

How this page was built: the CMS Medicare cost report, file HOSP10FY2016.ZIP, read September 1, 2021.