Velarion Records

Critical access hospital · Belzoni, Mississippi · 25 beds · CMS certification number 251311

Patients Choice Medical Center of H

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2012, settled, stamped by CMS December 5, 2014. Ten years on file, every one shown below.

Fiscal 2012 at a glance

Net patient revenue
$6.8M
$6,789,890 · G-3 line 3
Operating expenses
$8.3M
$8,250,253 · G-3 line 4
Result from patient care
−$1.5M
−$1,460,363 · G-3 line 5
Margin on patient care
−21.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.5M in its first year on file (2003) to $6.8M in 2012.
  • Its result from patient care: −$788K (2010), −$1.4M (2011), −$1.5M (2012).
  • 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2012.
  • Medicaid paid for 19.8% of its inpatient days and Medicare for 66.4%.

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

Ten years of filings

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

Net patient revenueOperating expenses
2003
settled
$1.5M
$1.9M
2004
reopened
$6.0M
$6.0M
2005
reopened
$6.3M
$7.6M
2006
settled
$6.7M
$7.9M
2007
settled
$20.5M
$17.2M
2008
settled
$13.1M
$12.8M
2009
settled
$10.4M
$20.2M
2010
settled
$8.6M
$9.4M
2011
settled
$7.1M
$8.5M
2012
settled
$6.8M
$8.3M

Beside its peers

Critical access hospitals in Mississippi with 25 to 49 beds, each on fiscal year 2012.

HospitalBedsNet patient revenueOperating expensesMargin
Patients Choice Medical Center of H25$6,789,890$8,250,253−21.5%
Southwest Mississippi Regional Medical Center, Monticello25$11,468,237$11,863,218−3.4%
Noxubee General Critical Access Hospital, Macon25$14,142,861$16,364,994−15.7%
Monroe Regional Hospital, Aberdeen25$17,741,052$19,954,656−12.5%
SE Lackey Memorial Hospital, Forest25$26,022,186$19,393,21325.5%
Stone County Hospital, Wiggins25$18,324,359$18,485,917−0.9%

Patients and payers

Discharges
375
S-3 line 14, col 15
Inpatient days
1,794
S-3 line 14, col 8
Beds in use, on an average day
4.9
days ÷ days in year
Occupancy
19.6%
days ÷ bed days
Medicare share of days
66.4%
S-3 cols 6 ÷ 8
Medicaid share of days
19.8%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: proprietary, corporation.

Follow this hospital, free

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More critical access hospitals in Mississippi

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2012.ZIP, form CMS-2552-10, filed under CMS certification number 251311. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2012.ZIP, read December 5, 2014.