Velarion Records

Short-term acute care hospital · Worcester, Massachusetts · 297 beds · CMS certification number 220028

Saint Vincent Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2004, reopened, stamped by CMS January 28, 2025. Eight years on file, every one shown below.

Fiscal 2004 at a glance

Net patient revenue
$195.9M
$195,934,013 · G-3 line 3
Operating expenses
$209.4M
$209,362,652 · G-3 line 4
Result from patient care
−$13.4M
−$13,428,639 · G-3 line 5
Margin on patient care
−6.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $163.0M in its first year on file (1997) to $195.9M in 2004.
  • Its result from patient care: −$22.7M (2002), −$17.8M (2003), −$13.4M (2004).
  • 3 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 2004.

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

Eight years of filings

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

Net patient revenueOperating expenses
1997
reopened
$163.0M
$155.8M
1998
reopened
$177.2M
$151.9M
1999
reopened
$182.9M
$150.3M
2000
reopened
$143.8M
$173.8M
2001
settled with audit
$154.0M
$174.6M
2002
settled with audit
$166.5M
$189.2M
2003
reopened
$175.7M
$193.5M
2004
reopened
$195.9M
$209.4M

Beside its peers

Short-term acute care hospitals in Massachusetts with 200 to 399 beds, each on fiscal year 2004.

HospitalBedsNet patient revenueOperating expensesMargin
Saint Vincent Hospital297$195,934,013$209,362,652−6.9%
Lahey Clinic, Burlington267$560,138,553$555,058,9260.9%
Metrowest Medical Center, Natick322$181,672,115$181,422,9270.1%
Tufts Medical Center, Boston394$413,651,034$496,295,507−20.0%
Salem Hospital, Salem372$346,735,000$374,714,000−8.1%
South Shore Hospital, South Weymouth277$262,157,578$266,463,286−1.6%

Follow this hospital, free

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

More short-term acute care hospitals in Massachusetts

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 HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 220028.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read January 28, 2025.