Velarion Records

Short-term acute care hospital · Philadelphia, Pennsylvania · 110 beds · CMS certification number 390088

Germantown Hospital & CHS

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1999, reopened, stamped by CMS December 7, 2005. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$44.9M
$44,928,507 · G-3 line 3
Operating expenses
$51.6M
$51,591,206 · G-3 line 4
Result from patient care
−$6.7M
−$6,662,699 · G-3 line 5
Margin on patient care
−14.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $56.4M in its first year on file (1997) to $44.9M in 1999.
  • Its result from patient care: −$6.3M (1997), −$2.4M (1998), −$6.7M (1999).
  • 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 1999.

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
1997
as submitted
$56.4M
$62.7M
1998
reopened
$41.7M
$44.0M
1999
reopened
$44.9M
$51.6M

Beside its peers

Short-term acute care hospitals in Pennsylvania with 100 to 199 beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Germantown Hospital & CHS110$44,928,507$51,591,206−14.8%
Bon Secour Holy Family Hospital, Altoona112$46,770,003$50,911,758−8.9%
Hazleton Saint Joseph Medical Center, Hazleton109$33,977,364$37,493,809−10.3%
Millcreek Community Hospital, Erie109$20,804,810$19,768,3935.0%
Muhlenberg Hospital Center, Bethlehem112$50,637,828$52,276,117−3.2%
Geisinger Wyoming Valley Medical Center, Wilkes-Barre112$50,868,236$54,826,749−7.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 390088.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read December 7, 2005.