Velarion Records

Long-term care hospital · Baltimore, Maryland · 180 beds · CMS certification number 212007

University Specialty Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2012, settled, stamped by CMS November 5, 2013. Sixteen years on file, every one shown below.

Fiscal 2012 at a glance

Net patient revenue
$41.1M
$41,091,944 · G-3 line 3
Operating expenses
$51.0M
$50,994,437 · G-3 line 4
Result from patient care
−$9.9M
−$9,902,493 · G-3 line 5
Margin on patient care
−24.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $31.3M in its first year on file (1997) to $41.1M in 2012.
  • Its result from patient care: −$3.5M (2010), −$5.5M (2011), −$9.9M (2012).
  • 4 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2012.
  • Medicaid paid for 58.0% of its inpatient days and Medicare for 19.2%.

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

Sixteen years of filings

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

Net patient revenueOperating expenses
1997
settled
$31.3M
$30.4M
1998
reopened
$28.6M
$28.7M
1999
settled
$30.0M
$30.1M
2000
settled
$31.7M
$32.2M
2001
settled
$30.3M
$34.4M
2002
settled
$26.6M
$31.6M
2003
settled
$43.5M
$38.6M
2004
settled
$47.3M
$48.0M
2005
settled
$52.6M
$52.3M
2006
settled
$58.3M
$56.2M
2007
settled
$62.4M
$62.1M
2008
settled
$61.1M
$64.8M
2009
settled
$55.5M
$61.6M
2010
settled
$56.3M
$59.8M
2011
settled
$54.6M
$60.2M
2012
settled
$41.1M
$51.0M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Maryland first; each on fiscal year 2012.

HospitalBedsNet patient revenueOperating expensesMargin
University Specialty Hospital180$41,091,944$50,994,437−24.1%
Deer's Head Hospital Center, Salisbury66$8,944,421$23,086,862−158.1%
Levindal Hebrew Ger. CTR. & Hospt., Baltimore120$70,224,475$72,619,965−3.4%
Spaulding Hospital for Continuing Medical Care - Cambridge, Cambridge (MA)180$64,133,000$69,275,000−8.0%
Select Specialty Hospital- Columbus, Columbus (OH)186$54,453,752$50,002,6858.2%
Western Maryland Hospital Center, Hagerstown60$6,922,160$25,153,001−263.4%

Patients and payers

Discharges
1,200
S-3 line 14, col 15
Inpatient days
31,373
S-3 line 14, col 8
Beds in use, on an average day
79.2
days ÷ days in year
Occupancy
43.9%
days ÷ bed days
Medicare share of days
19.2%
S-3 cols 6 ÷ 8
Medicaid share of days
58.0%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: UNIVERSITY OF MARYLAND.

Type of control on its cost report: voluntary nonprofit, other.

Follow this hospital, free

We send this record now and tell you when it files again.

More long-term care hospitals in Maryland

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 212007. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2011.ZIP, read November 5, 2013.