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Long-term care hospital · Pittsburgh, Pennsylvania · 147 beds · CMS certification number 392024

Lifecare Hospitals of Pittsburgh

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2018, settled, stamped by CMS December 23, 2020. 23 years on file, every one shown below.

Fiscal 2018 at a glance

Net patient revenue
$35.0M
$34,958,276 · G-3 line 3
Operating expenses
$44.7M
$44,678,291 · G-3 line 4
Result from patient care
−$9.7M
−$9,720,015 · G-3 line 5
Margin on patient care
−27.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.0M in its first year on file (1996) to $35.0M in 2018.
  • Its result from patient care: −$4.4M (2016), −$5.8M (2017), −$9.7M (2018).
  • 4 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2018.

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

23 years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$15.0M
$14.8M
1997
reopened
$15.5M
$15.6M
1998
reopened
$26.2M
$34.6M
1999
reopened
$22.8M
$32.9M
2000
settled
$28.5M
$28.7M
2001
settled
$31.2M
$33.4M
2002
reopened
$33.7M
$34.8M
2003
settled
$39.3M
$38.2M
2004
settled
$39.0M
$34.8M
2005
reopened
$42.4M
$34.0M
2006
settled
$42.9M
$35.8M
2007
settled
$22.5M
$23.5M
2008
settled
$48.0M
$44.6M
2009
settled
$46.2M
$42.8M
2010
reopened
$48.3M
$43.5M
2011
settled
$49.9M
$48.8M
2012
settled
$56.7M
$54.3M
2013
settled
$51.0M
$49.2M
2014
settled
$48.1M
$49.9M
2015
settled
$50.2M
$51.2M
2016
settled
$41.6M
$46.0M
2017
settled
$40.8M
$46.6M
2018
settled
$35.0M
$44.7M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Pennsylvania first; each on fiscal year 2018.

HospitalBedsNet patient revenueOperating expensesMargin
Lifecare Hospitals of Pittsburgh147$34,958,276$44,678,291−27.8%
Pam Health Specialty Hospital of Pittsburgh, Oakdale63$12,332,657$12,703,537−3.0%
Kindred Hospital - Philadelphia, Philadelphia109$33,946,988$37,812,220−11.4%
Kindred Hospital South Philadelphia, Philadelphia58$17,609,641$18,376,617−4.4%
Lifecare Hospital of Mechanicsburg, Mechanicsburg68$8,400,187$12,758,598−51.9%
Select Specialty Hospital Central Pa, Camphill92$42,780,348$34,439,46219.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2018.ZIP, form CMS-2552-10, filed under CMS certification number 392024.

How this page was built: the CMS Medicare cost report, file HOSP10FY2018.ZIP, read December 23, 2020.