Velarion Records

Psychiatric hospital · Lafayette, Indiana · 64 beds · CMS certification number 154028

Charter BHS of Lafayette

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 7, 2000, settled, stamped by CMS September 11, 2002. Three years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$2.1M
$2,062,859 · G-3 line 3
Operating expenses
$3.5M
$3,516,682 · G-3 line 4
Result from patient care
−$1.5M
−$1,453,823 · G-3 line 5
Margin on patient care
−70.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $5.3M in its first year on file (1997) to $2.1M in 2000.
  • Its result from patient care: −$2.4M (1997), −$923K (1998), −$1.5M (2000).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2000.

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

Three years of filings

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

Net patient revenueOperating expenses
1997
reopened
$5.3M
$7.7M
1998
as submitted
$4.9M
$5.9M
2000
settled
$2.1M
$3.5M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Indiana first; each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Charter BHS of Lafayette64$2,062,859$3,516,682−70.5%
CBHS of Indianapolis, Indianapolis48$5,182,478$7,779,875−50.1%
CBHS of Terre Haute, Terre Haute66$2,800,837$4,559,086−62.8%
Charter Beacon BHS, Fort Wayne75$6,317,211$5,869,8037.1%
Fairbanks Hospital, Indianapolis70$7,380,289$8,911,274−20.7%
Madison Hospital, South Bend80$32,113,208$32,953,819−2.6%

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More psychiatric hospitals in Indiana

Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 154028.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read September 11, 2002.