Velarion Records

Short-term acute care hospital · Charlestown, Indiana · 78 beds · CMS certification number 150134

Medical Center of Southern Indiana

Latest filing: fiscal year ended April 30, 2006, reopened, stamped by CMS February 11, 2009. Eleven years on file, all shown below.

Fiscal 2006 at a glance

Net patient revenue $7.3M $7,262,177 · G-3 line 3
Operating expenses $8.8M $8,784,031 · G-3 line 4
Result from patient care −$1.5M −$1,521,854 · G-3 line 5
Margin on patient care −21.0% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $15.3M in its first year on file (1996) to $7.3M in 2006.
  • Its result from patient care: −$1.2M (2004), −$1.9M (2005), −$1.5M (2006).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2006.

How these statements are drawn

Eleven years of filings

Net patient revenueOperating expenses

1996 settled margin −1.6% $15.3M $15.5M

1997 reopened margin −2.9% $17.8M $18.3M

1998 settled margin 1.0% $20.6M $20.4M

1999 settled margin −5.8% $18.3M $19.3M

2000 settled margin −5.3% $18.1M $19.1M

2001 settled margin −7.3% $14.1M $15.1M

2002 reopened margin 6.2% $16.3M $15.3M

2003 settled margin −16.8% $13.1M $15.4M

2004 settled margin −8.0% $14.5M $15.6M

2005 reopened margin −13.6% $14.2M $16.1M

2006 reopened margin −21.0% $7.3M $8.8M

Beside its peers

Short-term acute care hospitals in Indiana with 50 to 99 beds, fiscal year 2006.

Hospital Beds Net patient revenue Operating expenses Margin

Medical Center of Southern Indiana 78 $7,262,177 $8,784,031 −21.0%

Clarian West Medical Center, Avon 76 $77,548,078 $81,897,632 −5.6%

Hancock Regional Hospital, Greenfield 76 $73,478,070 $75,704,491 −3.0%

Norton - Kings Daughters Health, Madison 82 $97,165,700 $90,494,684 6.9%

Ascension St. Vincent Heart Center, Indianapolis 80 $110,392,190 $93,718,304 15.1%

Witham Health Services, Lebanon 80 $61,579,378 $51,498,454 16.4%

Follow Medical Center of Southern Indiana, free

More short-term acute care hospitals in Indiana

File HOSPFY2006.ZIP, form CMS-2552-96, CMS certification number 150134.

How this page was built: the CMS Medicare cost report, file HOSPFY2006.ZIP, read February 11, 2009.