Velarion Records

Psychiatric hospital · Waycross, Georgia · 53 beds · CMS certification number 114034

Satilla Park Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 30, 1998, settled, stamped by CMS December 19, 2000. Two years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$2.4M
$2,401,315 · G-3 line 3
Operating expenses
$6.2M
$6,160,488 · G-3 line 4
Result from patient care
−$3.8M
−$3,759,173 · G-3 line 5
Margin on patient care
−156.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.8M in its first year on file (1997) to $2.4M in 1998.
  • Its result from patient care: −$606K (1997), −$3.8M (1998).
  • All 5 psychiatric 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.

Two years of filings

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

Net patient revenueOperating expenses
1997
settled
$4.8M
$5.4M
1998
settled
$2.4M
$6.2M

Beside its peers

Psychiatric hospitals in Georgia with 50 to 99 beds, each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Satilla Park Hospital53$2,401,315$6,160,488−156.5%
Ridgeview Institute, Smyrna70$13,418,820$18,052,964−34.5%
Summitridge, Lawrenceville76$3,700,721$4,632,300−25.2%
The Bradley Center, Columbus64$4,223,944$4,387,364−3.9%
Valuemark Brawner Behav. HLTH/C So., Stockbridge50$3,379,940$3,563,261−5.4%
Windwood Psychiatric Hospital, Rome54$2,085,348$2,318,220−11.2%

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More psychiatric hospitals in Georgia

Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 114034.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read December 19, 2000.