Velarion Records

Short-term acute care hospital · CMS certification number 460025

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 11, 2004, settled, stamped by CMS March 9, 2005. Nine years on file, every one shown below.

Fiscal 2004 at a glance

What stands out

  • Net patient revenue fell from $3.2M in its first year on file (1996) to $834K in 2003.
  • Its result from patient care: −$449K (2001), −$1.2M (2002), −$956K (2003).

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
1996
reopened
$3.2M
$3.1M
1997
reopened
$3.3M
$3.7M
1998
reopened
$2.9M
$3.7M
1999
reopened
$3.5M
$3.7M
2000
settled
$3.3M
$3.7M
2001
settled
$3.0M
$3.4M
2002
reopened
$2.3M
$3.5M
2003
reopened
$834K
$1.8M
2004
settled
not filed
not filed

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2004.ZIP, form CMS-2552-96, filed under CMS certification number 460025.

How this page was built: the CMS Medicare cost report, file HOSPFY2004.ZIP, read March 9, 2005.