Velarion Records

Psychiatric hospital · Clarinda, Iowa · 55 beds · CMS certification number 164005

Mental Health Institute

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 29, 2015, settled, stamped by CMS June 29, 2016. Nineteen years on file, every one shown below.

Fiscal 2015 at a glance

Operating expenses
$8.4M
$8,382,588 · G-3 line 4
Result from patient care
−$8.4M
−$8,382,588 · G-3 line 5

What stands out

  • Net patient revenue fell from $6.6M in its first year on file (1997) to $196K in 2002.
  • Its result from patient care: −$8.5M (2013), −$8.4M (2014), −$8.4M (2015).

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

Nineteen years of filings

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

Net patient revenueOperating expenses
1997
settled
$6.6M
$6.6M
1998
settled
$6.7M
$6.7M
1999
settled
$6.6M
$7.1M
2000
settled
$6.8M
$7.4M
2001
settled
$15.4M
$7.7M
2002
settled with audit
$196K
$7.8M
2003
settled
not filed
$7.1M
2004
reopened
not filed
$7.4M
2005
settled
not filed
$7.6M
2006
settled
not filed
$8.2M
2007
settled
not filed
not filed
2008
settled
not filed
not filed
2009
settled
not filed
not filed
2010
settled
not filed
not filed
2011
settled
not filed
$8.3M
2012
settled
not filed
$8.2M
2013
settled
not filed
$8.5M
2014
settled
not filed
$8.4M
2015
settled
not filed
$8.4M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Iowa first; each on fiscal year 2015.

HospitalBedsNet patient revenueOperating expensesMargin
Mental Health Institute55$8,382,588
Vermilion Behavioral Health Systems, Lafayette (LA)54$10,234,351$11,536,604−12.7%
Aspire Health Partners, Orlando (FL)56$86,338,728$87,775,893−1.7%
Natchaug Hospital, Mansfield Center (CT)57$36,608,377$50,959,639−39.2%
Rio Grande State Center, Harlingen (TX)55$30,237,676$26,564,22812.2%
Samaritan Behavioral Center, Detroit (MI)55$11,277,512$12,178,677−8.0%

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More psychiatric hospitals in Iowa

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2014.ZIP, form CMS-2552-10, filed under CMS certification number 164005.

How this page was built: the CMS Medicare cost report, file HOSP10FY2014.ZIP, read June 29, 2016.