Velarion Records

Critical access hospital · Andrews, North Carolina · 25 beds · CMS certification number 341309

District Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2003, settled, stamped by CMS December 2, 2005. Two years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$4.7M
$4,733,869 · G-3 line 3
Operating expenses
$8.5M
$8,482,261 · G-3 line 4
Result from patient care
−$3.7M
−$3,748,392 · G-3 line 5
Margin on patient care
−79.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.8M in its first year on file (2002) to $4.7M in 2003.
  • Its result from patient care: −$582K (2002), −$3.7M (2003).
  • 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2003.

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

Two years of filings

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

Net patient revenueOperating expenses
2002
reopened
$2.8M
$3.4M
2003
settled
$4.7M
$8.5M

Beside its peers

Critical access hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
District Medical Center25$4,733,869$8,482,261−79.2%
Davie County Hospital, Mocksville25$6,038,987$6,777,148−12.2%
Frye Regional Alexander Campus, Taylorsville25$2,451,384$3,135,897−27.9%
Novant Health Pender Medical Center, Burgaw25$14,329,244$14,508,984−1.3%
Pungo District Hospital, Belhaven39$9,110,989$9,283,358−1.9%
Swain County Hospital, Bryson City25$7,232,922$7,217,7300.2%

Follow this hospital, free

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

More critical access hospitals in North Carolina

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 341309.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read December 2, 2005.