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Psychiatric hospital · Charlotte, North Carolina · 60 beds · CMS certification number 344019

Charter Pines B.H.S

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 1998, as submitted, stamped by CMS January 11, 2000. Three years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$7.6M
$7,610,022 · G-3 line 3
Operating expenses
$8.9M
$8,875,520 · G-3 line 4
Result from patient care
−$1.3M
−$1,265,498 · G-3 line 5
Margin on patient care
−16.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.0M in its first year on file (1996) to $7.6M in 1998.
  • Its result from patient care: −$2.4M (1996), −$248K (1997), −$1.3M (1998).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 1998.

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

Three years of filings

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

Net patient revenueOperating expenses
1996
settled
$7.0M
$9.4M
1997
as submitted
$4.6M
$4.8M
1998
as submitted
$7.6M
$8.9M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from North Carolina first; each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Charter Pines B.H.S60$7,610,022$8,875,520−16.6%
BHC - Cedar Spring, Charlotte50$1,888,812$2,436,364−29.0%
Brynn Marr Hospital, Jacksonville62$6,791,104$6,468,4184.8%
Charter BHS of Winston-Salem, Winston-Salem99$7,571,572$7,744,947−2.3%
Charter Greensboro Behaviorial Health Sy, Greensboro100$10,074,941$10,702,171−6.2%
Forsyth-Stokes Mental HLT Authority, Winston-Salem40$8,832,318$34,508,892−290.7%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 344019.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read January 11, 2000.