Velarion Records

Psychiatric hospital · Louisville, Tennessee · 115 beds · CMS certification number 444017

Peninsula Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2005, settled, stamped by CMS July 12, 2006. Nine years on file, every one shown below.

Fiscal 2005 at a glance

Net patient revenue
$34.5M
$34,508,180 · G-3 line 3
Operating expenses
$34.4M
$34,436,628 · G-3 line 4
Result from patient care
$72K
$71,552 · G-3 line 5
Margin on patient care
0.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $17.4M in its first year on file (1997) to $34.5M in 2005.
  • Its result from patient care: −$6.1M (2003), −$3.4M (2004), $72K (2005).
  • 1 of the 2 psychiatric hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2005.

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

Nine years of filings

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

Net patient revenueOperating expenses
1997
reopened
$17.4M
$16.7M
1998
reopened
$17.2M
$18.2M
1999
reopened
$16.5M
$19.4M
2000
settled
$15.7M
$20.4M
2001
settled
$16.5M
$19.8M
2002
settled
$8.3M
$20.8M
2003
settled
$20.2M
$26.3M
2004
reopened
$27.9M
$31.3M
2005
settled
$34.5M
$34.4M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Tennessee first; each on fiscal year 2005.

HospitalBedsNet patient revenueOperating expensesMargin
Peninsula Hospital115$34,508,180$34,436,6280.2%
Frontier Health, Gray75$16,068,373$40,756,475−153.6%
Lakeshore Mental HLTH Institute, Knoxville180$30,440,758
Lakeside Behavioral Health System, Memphis150$30,575,603$24,314,82320.5%
Memphis Mental Health Institute, Memphis98$24,388,994
Moccasin Bend Mental Health Institute, Chattanooga172$25,666,750

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 444017.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read July 12, 2006.