Velarion Records

Short-term acute care hospital · Salem, Kentucky · 26 beds · CMS certification number 180121

Livingston Hospital & Healthcare Ser

Latest filing: fiscal year ended December 31, 2003, reopened, stamped by CMS February 6, 2006. Eight years on file, all shown below.

Fiscal 2003 at a glance

Net patient revenue $7.2M $7,208,293 · G-3 line 3
Operating expenses $9.1M $9,091,228 · G-3 line 4
Result from patient care −$1.9M −$1,882,935 · G-3 line 5
Margin on patient care −26.1% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $8.7M in its first year on file (1996) to $7.2M in 2003.
  • Its result from patient care: −$251K (2001), $697K (2002), −$1.9M (2003).
  • 4 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 2003.

How these statements are drawn

Eight years of filings

Net patient revenueOperating expenses

1996 settled margin 0.0% $8.7M $8.7M

1997 settled margin 3.4% $9.1M $8.8M

1998 settled margin −7.3% $8.1M $8.7M

1999 settled margin −7.0% $8.3M $8.9M

2000 settled margin −10.2% $8.2M $9.1M

2001 settled margin −3.0% $8.4M $8.7M

2002 reopened margin 7.2% $9.7M $9.0M

2003 reopened margin −26.1% $7.2M $9.1M

Beside its peers

Short-term acute care hospitals in Kentucky with 25 to 49 beds, fiscal year 2003.

Hospital Beds Net patient revenue Operating expenses Margin

Livingston Hospital & Healthcare Ser 26 $7,208,293 $9,091,228 −26.1%

Breckinridge Memorial Hospital, Hardinsburg 27 $9,155,155 $9,629,129 −5.2%

Cumberland County Hospital, Burkesville 31 $7,401,555 $8,287,270 −12.0%

Mary Breckinridge Hospital, Hyden 30 $11,207,253 $16,344,627 −45.8%

Rockcastle Regional Hospital and Respiratory Care Center, Mt Vernon 26 $23,179,588 $21,025,975 9.3%

Wayne County Hospital, Monticello 30 $9,407,917 $9,820,332 −4.4%

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More short-term acute care hospitals in Kentucky

File HOSPFY2003.ZIP, form CMS-2552-96, CMS certification number 180121.

How this page was built: the CMS Medicare cost report, file HOSPFY2003.ZIP, read February 6, 2006.