Velarion Records

Short-term acute care hospital · Schuyler, Nebraska · 23 beds · CMS certification number 280083

Alegent Health - Memorial Hosp.

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2000, reopened, stamped by CMS March 30, 2004. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$3.7M
$3,728,316 · G-3 line 3
Operating expenses
$4.3M
$4,265,009 · G-3 line 4
Result from patient care
−$537K
−$536,693 · G-3 line 5
Margin on patient care
−14.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $5.3M in its first year on file (1997) to $3.7M in 2000.
  • Its result from patient care: −$57K (1998), −$900K (1999), −$537K (2000).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2000.

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

Four years of filings

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

Net patient revenueOperating expenses
1997
reopened
$5.3M
$5.3M
1998
settled
$5.7M
$5.8M
1999
reopened
$5.2M
$6.1M
2000
reopened
$3.7M
$4.3M

Beside its peers

Short-term acute care hospitals in Nebraska with under 25 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Alegent Health - Memorial Hosp.23$3,728,316$4,265,009−14.4%
Annie Jeffrey Memorial Cnty HLTH CTR, Osceola24$985,665$1,585,480−60.9%
Oakland Memorial Hospital, Oakland23$486,472$617,079−26.9%
Perkins County Health Services, Grant24$5,575,854$5,839,141−4.7%
Plainview Public Hospital, Plainview20$3,637,728$3,686,644−1.3%
Rock County Hospital, Bassett22$3,882,915$2,273,53941.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 280083.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read March 30, 2004.