Velarion Records

Psychiatric hospital · Warren, Michigan · 43 beds · CMS certification number 234029

Quali Med Co LLC - Arborview Hosp

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 27, 2000, settled, stamped by CMS September 27, 2002. Five years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$1.4M
$1,412,826 · G-3 line 3
Operating expenses
$1.9M
$1,886,346 · G-3 line 4
Result from patient care
−$474K
−$473,520 · G-3 line 5
Margin on patient care
−33.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.2M in its first year on file (1996) to $1.4M in 2000.
  • Its result from patient care: −$1.5M (1998), −$1.7M (1999), −$474K (2000).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2000.

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

Five years of filings

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

Net patient revenueOperating expenses
1996
settled
$3.2M
$4.4M
1997
settled
$3.1M
$4.4M
1998
settled
$4.1M
$5.6M
1999
settled
$4.2M
$5.9M
2000
settled
$1.4M
$1.9M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Michigan first; each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Quali Med Co LLC - Arborview Hosp43$1,412,826$1,886,346−33.5%
Forest View Psychiatric Hospital, Grand Rapids62$8,094,340$7,119,65312.0%
Harbor Oaks Hospital, New Baltimore64$8,217,828$8,013,1152.5%
Havenwyck Hospital, Auburn Hills97$15,547,361$14,749,6205.1%
Henry Ford Health Behavioral Health Hospital, Ferndale95$14,562,482$13,085,59610.1%
Pine Rest Christian Mental Health Services, Grand Rapids56$26,072,306$38,312,889−46.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2000.ZIP, form CMS-2552-96, filed under CMS certification number 234029.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read September 27, 2002.