Velarion Records

Critical access hospital · Northport, Michigan · 23 beds · CMS certification number 231302

Leelanau Memorial Health Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2006, settled, stamped by CMS September 13, 2007. Seven years on file, every one shown below.

Fiscal 2006 at a glance

Net patient revenue
$4.5M
$4,529,693 · G-3 line 3
Operating expenses
$5.2M
$5,170,326 · G-3 line 4
Result from patient care
−$641K
−$640,633 · G-3 line 5
Margin on patient care
−14.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.3M in its first year on file (2000) to $4.5M in 2006.
  • Its result from patient care: −$1.4M (2004), −$2.6M (2005), −$641K (2006).
  • 2 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2006.

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

Seven years of filings

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

Net patient revenueOperating expenses
2000
settled
$3.3M
$4.0M
2001
reopened
$6.2M
$7.1M
2002
settled
$7.1M
$7.8M
2003
reopened
$7.4M
$8.4M
2004
settled
$7.3M
$8.7M
2005
settled
$5.2M
$7.8M
2006
settled
$4.5M
$5.2M

Beside its peers

Critical access hospitals in Michigan with under 25 beds, each on fiscal year 2006.

HospitalBedsNet patient revenueOperating expensesMargin
Leelanau Memorial Health Center23$4,529,693$5,170,326−14.1%
Baraga County Memorial Hospital, L Anse24$15,971,316$17,157,807−7.4%
Eaton Rapids Medical Center, Eaton Rapids20$16,132,828$15,109,8256.3%
Harbor Beach Community Hospital, Harbor Beach21$9,232,474$9,962,059−7.9%
Trinity Health Shelby Hospital, Shelby24$11,363,960$10,270,2139.6%
Scheurer Health - Pigeon, Pigeon19$26,219,332$25,502,3362.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2005.ZIP, form CMS-2552-96, filed under CMS certification number 231302.

How this page was built: the CMS Medicare cost report, file HOSPFY2005.ZIP, read September 13, 2007.