Velarion Records

Psychiatric hospital · Raleigh, North Carolina · 34 beds · CMS certification number 344011

Wake County Atc

Latest filing: fiscal year ended June 30, 2001, settled, stamped by CMS December 3, 2004. Five years on file, all shown below.

Fiscal 2001 at a glance

Net patient revenue $4.6M $4,591,452 · G-3 line 3
Operating expenses $13.1M $13,079,071 · G-3 line 4
Result from patient care −$8.5M −$8,487,619 · G-3 line 5
Margin on patient care −184.9% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.6M in its first year on file (1998) to $4.6M in 2001.
  • From fiscal year 2000 to fiscal year 2001 its net patient revenue rose 18.8%.
  • Its result from patient care: −$13.4M (1999), −$7.0M (2000), −$8.5M (2001).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2001.

How these statements are drawn

Five years of filings

Net patient revenueOperating expenses

1997 reopened not filed $12.0M

1998 settled margin −168.9% $3.6M $9.6M

1999 reopened not filed $13.4M

2000 settled margin −181.9% $3.9M $10.9M

2001 settled margin −184.9% $4.6M $13.1M

Beside its peers

Nearest in size, North Carolina first, fiscal year 2001.

Hospital Beds Net patient revenue Operating expenses Margin

Wake County Atc 34 $4,591,452 $13,079,071 −184.9%

Brynn Marr Hospital, Jacksonville 42 $7,753,592 $8,043,299 −3.7%

Cumberland Hospital, Fayetteville 85 $5,661,027 $13,205,974 −133.3%

Holly Hill Hospital, Raleigh 108 $10,012,413 $8,930,829 10.8%

Julian F Keith Alcohol & Drug Abuse TX, Black Mountain 79 $388,383 $13,725,537 −3434.0%

Walter B. Jones Adatc, Greenville 50 $530,553 −$327,444 161.7%

Follow Wake County Atc, free

More psychiatric hospitals in North Carolina

File HOSPFY2000.ZIP, form CMS-2552-96, CMS certification number 344011.

How this page was built: the CMS Medicare cost report, file HOSPFY2000.ZIP, read December 3, 2004.