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Short-term acute care hospital · Brooklyn, New York · 296 beds · CMS certification number 330357

Caritas Health Care

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 6, 2009, settled, stamped by CMS June 13, 2013. Thirteen years on file, every one shown below.

Fiscal 2009 at a glance

Net patient revenue
$35.6M
$35,551,295 · G-3 line 3
Operating expenses
$40.8M
$40,814,143 · G-3 line 4
Result from patient care
−$5.3M
−$5,262,848 · G-3 line 5
Margin on patient care
−14.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $527.5M in its first year on file (1998) to $35.6M in 2009.
  • Its result from patient care: −$83.1M (2007), −$92.3M (2008), −$5.3M (2009).
  • 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 2009.

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
1997
reopened
not filed
$581.4M
1998
reopened
$527.5M
$565.5M
1999
reopened
$526.8M
$566.8M
2000
reopened
$445.6M
$570.2M
2001
reopened
$457.8M
$605.6M
2002
reopened
$451.1M
$599.6M
2003
reopened
$543.2M
$636.6M
2004
reopened
$306.7M
$608.5M
2005
amended
$1.5B
$582.4M
2006
reopened
$285.6M
$365.1M
2007
reopened
$254.8M
$337.9M
2008
reopened
$277.0M
$369.3M
2009
settled
$35.6M
$40.8M

Beside its peers

Short-term acute care hospitals in New York with 200 to 399 beds, each on fiscal year 2009.

HospitalBedsNet patient revenueOperating expensesMargin
Caritas Health Care296$35,551,295$40,814,143−14.8%
South Brooklyn Health, Brooklyn292$369,474,032$363,494,4311.6%
Glens Falls Hospital, Glens Falls293$249,264,499$264,742,106−6.2%
Jamaica Hospital Medical Center, Jamaica305$382,241,344$433,167,169−13.3%
Lincoln Medical & Mental Health Center, Bronx302$385,756,597$496,339,338−28.7%
Mercy Hospital, Rockville Centre302$179,457,217$198,740,383−10.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2009.ZIP, form CMS-2552-96, filed under CMS certification number 330357.

How this page was built: the CMS Medicare cost report, file HOSPFY2009.ZIP, read June 13, 2013.