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Psychiatric hospital · Ft. Lauderdale, Florida · 42 beds · CMS certification number 104065

Atlantic Shores Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2017, settled, stamped by CMS February 14, 2019. Twenty years on file, every one shown below.

Fiscal 2017 at a glance

Net patient revenue
$3.1M
$3,132,685 · G-3 line 3
Operating expenses
$6.4M
$6,433,484 · G-3 line 4
Result from patient care
−$3.3M
−$3,300,799 · G-3 line 5
Margin on patient care
−105.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.0M in its first year on file (1997) to $3.1M in 2017.
  • Its result from patient care: −$955K (2015), −$2.5M (2016), −$3.3M (2017).
  • All 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2017.

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

Twenty years of filings

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

Net patient revenueOperating expenses
1997
settled
$2.0M
$2.1M
1999
settled
$3.2M
$4.1M
2000
reopened
$8.2M
$5.0M
2001
reopened
$3.7M
$6.0M
2002
settled
$5.2M
$7.5M
2003
settled
$7.2M
$7.5M
2004
settled with audit
$8.4M
$9.4M
2005
settled
$9.8M
$11.8M
2006
reopened
$7.5M
$8.2M
2007
settled with audit
$7.4M
$8.4M
2008
settled
$9.0M
$9.5M
2009
settled
$8.6M
$9.1M
2010
settled
$8.6M
$9.2M
2011
settled
$9.2M
$9.1M
2012
reopened
$9.0M
$8.7M
2013
reopened
$8.2M
$8.1M
2014
settled
$8.0M
$8.9M
2015
settled
$8.0M
$9.0M
2016
settled
$7.5M
$10.0M
2017
settled
$3.1M
$6.4M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Florida first; each on fiscal year 2017.

HospitalBedsNet patient revenueOperating expensesMargin
Atlantic Shores Hospital42$3,132,685$6,433,484−105.4%
Manatee Glens, Bradenton37$6,507,117$14,248,502−119.0%
Eastside Psychiatric Hospital, Tallahassee46$2,469,778$3,955,177−60.1%
Jerome Golden Center for Behavioral, West Palm Beach44$21,910,253$24,686,682−12.7%
South Florida State Hospital, Pembroke Pines50$2,326,965$32,285,850−1287.5%
The Centers, Ocala15$29,180,418$30,683,722−5.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2017.ZIP, form CMS-2552-10, filed under CMS certification number 104065.

How this page was built: the CMS Medicare cost report, file HOSP10FY2017.ZIP, read February 14, 2019.