Velarion Records

Psychiatric hospital · Rochester, Minnesota · 73 beds · CMS certification number 244009

MPPTC

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2010, settled, stamped by CMS March 20, 2012. Fifteen years on file, every one shown below.

Fiscal 2010 at a glance

Net patient revenue
$26.4M
$26,361,479 · G-3 line 3
Operating expenses
$33.7M
$33,686,794 · G-3 line 4
Result from patient care
−$7.3M
−$7,325,315 · G-3 line 5
Margin on patient care
−27.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.7M in its first year on file (1996) to $26.4M in 2010.
  • Its result from patient care: $8.0M (2008), $6.3M (2009), −$7.3M (2010).
  • All 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2010.

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

Fifteen years of filings

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

Net patient revenueOperating expenses
1996
reopened
$15.7M
$12.7M
1997
reopened
$16.2M
$13.4M
1998
settled
$17.0M
$14.9M
1999
settled with audit
$17.2M
$15.4M
2000
reopened
$17.8M
$16.3M
2001
settled
$22.8M
$16.2M
2002
settled with audit
$22.1M
$14.4M
2003
settled with audit
$17.4M
$14.9M
2004
settled with audit
$18.9M
$24.2M
2005
settled
$19.9M
$25.6M
2006
reopened
$23.5M
$29.9M
2007
settled
$22.4M
$18.0M
2008
settled
$25.9M
$17.9M
2009
settled
$24.3M
$18.1M
2010
settled
$26.4M
$33.7M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Minnesota first; each on fiscal year 2010.

HospitalBedsNet patient revenueOperating expensesMargin
MPPTC73$26,361,479$33,686,794−27.8%
Northern Light Acadia Hospital, Bangor (ME)74$48,944,849$49,301,736−0.7%
Atlantic Shores Hospital, Ft. Lauderdale (FL)72$8,611,269$9,151,900−6.3%
John Muir Behavioral Health Center, Concord (CA)73$25,823,133$28,932,850−12.0%
Montgomery County Emergency Service, Norristown (PA)73$13,976,654$15,950,082−14.1%
Resnick Neuropsychiatric Hospital at UCLA, Los Angeles (CA)74$30,391,868$42,457,530−39.7%

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More psychiatric hospitals in Minnesota

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2010.ZIP, form CMS-2552-96, filed under CMS certification number 244009.

How this page was built: the CMS Medicare cost report, file HOSPFY2010.ZIP, read March 20, 2012.