Velarion Records

Short-term acute care hospital · Bronx, New York · 312 beds · CMS certification number 330072

Our Lady of Mercy Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 22, 2008, as submitted, stamped by CMS February 9, 2011. Thirteen years on file, every one shown below.

Fiscal 2008 at a glance

Net patient revenue
$121.4M
$121,367,129 · G-3 line 3
Operating expenses
$131.7M
$131,731,839 · G-3 line 4
Result from patient care
−$10.4M
−$10,364,710 · G-3 line 5
Margin on patient care
−8.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $181.5M in its first year on file (1996) to $121.4M in 2008.
  • Its result from patient care: −$19.9M (2006), −$24.0M (2007), −$10.4M (2008).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2008.

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

Thirteen years of filings

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

Net patient revenueOperating expenses
1996
reopened
$181.5M
$189.8M
1997
reopened
$187.9M
$196.4M
1998
reopened
$191.0M
$205.5M
1999
reopened
$193.9M
$215.6M
2000
reopened
$185.7M
$222.3M
2001
settled with audit
$198.7M
$218.6M
2002
settled
$200.9M
$224.1M
2003
as submitted
$205.2M
$227.1M
2004
as submitted
$188.3M
$222.0M
2005
as submitted
$433.6M
$225.7M
2006
as submitted
$200.2M
$220.1M
2007
as submitted
$208.0M
$231.9M
2008
as submitted
$121.4M
$131.7M

Beside its peers

Short-term acute care hospitals in New York with 200 to 399 beds, each on fiscal year 2008.

HospitalBedsNet patient revenueOperating expensesMargin
Our Lady of Mercy Medical Center312$121,367,129$131,731,839−8.5%
Wynn Hospital, Utica308$240,200,713$243,858,623−1.5%
Long Island College Hospital, Brooklyn321$294,534,540$372,070,924−26.3%
Mercy Hospital, Rockville Centre306$178,178,249$199,369,145−11.9%
Saint Francis Hopsital, Poughkeepsie315$124,662,143$150,634,502−20.8%
Wyckoff Heights Medical Center, Brooklyn324$233,150,562$290,654,263−24.7%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in New York

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2008.ZIP, form CMS-2552-96, filed under CMS certification number 330072.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read February 9, 2011.