Velarion Records

Short-term acute care hospital · Jasper, Texas · 54 beds · CMS certification number 450750

Lakes Regional Medical Center

Latest filing: fiscal year ended June 30, 1998, settled, stamped by CMS October 31, 2000. Two years on file, all shown below.

Fiscal 1998 at a glance

Net patient revenue $5.7M $5,686,730 · G-3 line 3
Operating expenses $6.5M $6,544,903 · G-3 line 4
Result from patient care −$858K −$858,173 · G-3 line 5
Margin on patient care −15.1% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.4M in its first year on file (1997) to $5.7M in 1998.
  • Its result from patient care: −$342K (1997), −$858K (1998).
  • 2 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 1998.

How these statements are drawn

Two years of filings

Net patient revenueOperating expenses

1997 settled with audit margin −4.6% $7.4M $7.7M

1998 settled margin −15.1% $5.7M $6.5M

Beside its peers

Short-term acute care hospitals in Texas with 50 to 99 beds, fiscal year 1998.

Hospital Beds Net patient revenue Operating expenses Margin

Lakes Regional Medical Center 54 $5,686,730 $6,544,903 −15.1%

Cuero Regional Hospital, Cuero 55 $16,130,191 $18,454,088 −14.4%

Memorial Hospital of Center, Center 56 $10,021,553 $8,590,994 14.3%

Tyler County Hospital District, Woodville 55 $4,011,465 $4,869,003 −21.4%

Uvalde Memorial Hospital, Uvalde 54 $19,013,905 $17,261,553 9.2%

Wilbarger General Hospital, Vernon 54 $11,559,957 $11,467,353 0.8%

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More short-term acute care hospitals in Texas

File HOSPFY1997.ZIP, form CMS-2552-96, CMS certification number 450750.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read October 31, 2000.