Velarion Records

Psychiatric hospital · Louisville, Kentucky · 416 beds · CMS certification number 184000

Caritas Peace Center

Latest filing: fiscal year ended July 31, 2001, reopened, stamped by CMS January 20, 2006. Five years on file, all shown below.

Fiscal 2001 at a glance

Net patient revenue $25.5M $25,462,088 · G-3 line 3
Operating expenses $28.2M $28,175,173 · G-3 line 4
Result from patient care −$2.7M −$2,713,085 · G-3 line 5
Margin on patient care −10.7% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $20.6M in its first year on file (1997) to $25.5M in 2001.
  • Its result from patient care: $416K (1999), −$134K (2000), −$2.7M (2001).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2001.

How these statements are drawn

Five years of filings

Net patient revenueOperating expenses

1997 reopened margin −0.7% $20.6M $20.8M

1998 reopened margin 8.2% $25.3M $23.2M

1999 reopened margin 1.6% $26.9M $26.5M

2000 reopened margin −0.5% $28.0M $28.2M

2001 reopened margin −10.7% $25.5M $28.2M

Beside its peers

Nearest in size, Kentucky first, fiscal year 2001.

Hospital Beds Net patient revenue Operating expenses Margin

Caritas Peace Center 416 $25,462,088 $28,175,173 −10.7%

Central State Hospital, Louisville 192 $13,738,434 $27,224,803 −98.2%

Eastern State Hospital, Lexington 197 $16,981,532 $28,963,614 −70.6%

Ridge Behavioral Health System, Lexington 110 $8,305,511 $8,056,238 3.0%

The Brook Hospital Kmi, Louisville 94 $13,820,339 $11,589,986 16.1%

Western State Hospital, Hopkinsville 186 $18,962,296 $34,430,330 −81.6%

Follow Caritas Peace Center, free

More psychiatric hospitals in Kentucky

File HOSPFY2000.ZIP, form CMS-2552-96, CMS certification number 184000.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read January 20, 2006.