Velarion Records

Short-term acute care hospital · Bethlehem, Pennsylvania · 20 beds · CMS certification number 390314

LVH - Coordinated Bethlehem

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 8, 2022, settled, stamped by CMS August 26, 2024. Seventeen years on file, every one shown below.

Fiscal 2022 at a glance

Net patient revenue
$23.5M
$23,478,941 · G-3 line 3
Operating expenses
$17.5M
$17,466,793 · G-3 line 4
Result from patient care
$6.0M
$6,012,148 · G-3 line 5
Margin on patient care
25.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.4M in its first year on file (2006) to $23.5M in 2022.
  • Its result from patient care: $3.2M (2020), $11.2M (2021), $6.0M (2022).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2022.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
2006
settled
$1.4M
$2.2M
2007
reopened
$19.3M
$15.0M
2008
settled
$23.9M
$18.8M
2009
settled
$27.0M
$22.0M
2010
reopened
$26.7M
$21.6M
2011
reopened
$31.2M
$23.8M
2012
settled
$28.6M
$24.8M
2013
reopened
$29.9M
$26.9M
2014
settled
$32.5M
$27.6M
2015
settled
$34.8M
$29.1M
2016
settled
$35.0M
$30.5M
2017
settled
$37.0M
$30.5M
2018
settled
$36.1M
$31.6M
2019
settled
$33.5M
$27.6M
2020
settled
$12.0M
$8.8M
2021
settled
$35.4M
$24.1M
2022
settled
$23.5M
$17.5M

Beside its peers

Short-term acute care hospitals in Pennsylvania with under 25 beds, each on fiscal year 2022.

HospitalBedsNet patient revenueOperating expensesMargin
LVH - Coordinated Bethlehem20$23,478,941$17,466,79325.6%
Geisinger Medical Center Muncy, Muncy20$12,893,586$25,542,969−98.1%
LVH-Coordinated Allentown, Allentown20$89,618,346$87,550,1052.3%
Rothman Orthopaedic Specialty Hospital, Bensalem24$64,769,294$51,437,94720.6%
St. Luke's Hospital- Easton Campus, Easton23$52,386,295$52,320,1740.1%
UPMC Greene, Waynesburg18$17,691,536$19,312,274−9.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2021.ZIP, form CMS-2552-10, filed under CMS certification number 390314.

How this page was built: the CMS Medicare cost report, file HOSP10FY2021.ZIP, read August 26, 2024.