Velarion Records

Short-term acute care hospital · Mccook, Nebraska · 44 beds · CMS certification number 280021

Community Hospital

Latest filing: fiscal year ended June 30, 2005, reopened, stamped by CMS October 16, 2007. Nine years on file, all shown below.

Fiscal 2005 at a glance

Net patient revenue $20.8M $20,848,723 · G-3 line 3
Operating expenses $21.9M $21,877,298 · G-3 line 4
Result from patient care −$1.0M −$1,028,575 · G-3 line 5
Margin on patient care −4.9% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $11.3M in its first year on file (1997) to $20.8M in 2005.
  • Its result from patient care: −$1.3M (2003), −$457K (2004), −$1.0M (2005).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2005.

How these statements are drawn

Nine years of filings

Net patient revenueOperating expenses

1997 settled margin −0.8% $11.3M $11.4M

1998 settled margin 0.5% $12.1M $12.0M

1999 settled margin 0.5% $12.5M $12.4M

2000 reopened margin 57.8% $33.7M $14.2M

2001 settled margin −2.4% $14.5M $14.9M

2002 as submitted margin −2.4% $15.9M $16.3M

2003 settled margin −7.5% $17.5M $18.8M

2004 settled margin −2.3% $20.3M $20.8M

2005 reopened margin −4.9% $20.8M $21.9M

Beside its peers

Short-term acute care hospitals in Nebraska with 25 to 49 beds, fiscal year 2005.

Hospital Beds Net patient revenue Operating expenses Margin

Community Hospital 44 $20,848,723 $21,877,298 −4.9%

Beatrice Community Hospital, Beatrice 47 $31,409,128 $30,172,503 3.9%

Columbus Community Hospital, Columbus Nebraska 42 $43,664,574 $43,812,445 −0.3%

CHI Health Lakeside, Omaha 49 $56,297,000 $56,139,000 0.3%

Phelps Memorial Health Center, Holdrege 49 $16,443,504 $15,373,612 6.5%

Tri County Hospital, Lexington 40 $14,230,669 $13,693,872 3.8%

Follow Community Hospital, free

More short-term acute care hospitals in Nebraska

File HOSPFY2004.ZIP, form CMS-2552-96, CMS certification number 280021.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read October 16, 2007.