Velarion Records

Short-term acute care hospital · Long Beach, New York · CMS certification number 330225

Long Beach Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2014, reopened, stamped by CMS September 19, 2024. Eighteen years on file, every one shown below.

Fiscal 2014 at a glance

Net patient revenue
$23.1M
$23,055,859 · G-3 line 3
Operating expenses
$69.9M
$69,883,573 · G-3 line 4
Result from patient care
−$46.8M
−$46,827,714 · G-3 line 5
Margin on patient care
−203.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $71.0M in its first year on file (1996) to $23.1M in 2014.
  • Its result from patient care: −$5.4M (2011), −$14.0M (2012), −$46.8M (2014).

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

Eighteen years of filings

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

Net patient revenueOperating expenses
1996
reopened
$71.0M
$74.8M
1997
reopened
$74.0M
$77.6M
1998
reopened
$68.7M
$76.3M
1999
settled with audit
$69.4M
$74.7M
2000
settled with audit
$71.1M
$74.1M
2001
settled with audit
$72.3M
$75.7M
2002
settled with audit
$81.8M
$79.4M
2003
settled
$86.4M
$87.5M
2004
reopened
$85.1M
$90.1M
2005
settled with audit
$79.6M
$91.3M
2006
settled with audit
$78.2M
$85.3M
2007
reopened
$77.8M
$82.6M
2008
reopened
$78.0M
$84.4M
2009
reopened
$78.3M
$84.3M
2010
reopened
$76.5M
$84.7M
2011
reopened
$77.8M
$83.2M
2012
reopened
$63.2M
$77.2M
2014
reopened
$23.1M
$69.9M

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2013.ZIP, form CMS-2552-10, filed under CMS certification number 330225.

How this page was built: the CMS Medicare cost report, file HOSP10FY2013.ZIP, read September 19, 2024.