Velarion Records

Short-term acute care hospital · Lynchburg, Virginia · 24 beds · CMS certification number 490108

Central Virginia Training Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2012, settled, stamped by CMS October 29, 2014. Sixteen years on file, every one shown below.

Fiscal 2012 at a glance

Net patient revenue
$73.1M
$73,094,605 · G-3 line 3
Operating expenses
$82.0M
$82,008,481 · G-3 line 4
Result from patient care
−$8.9M
−$8,913,876 · G-3 line 5
Margin on patient care
−12.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $54.2M in its first year on file (1997) to $73.1M in 2012.
  • Its result from patient care: −$12.0M (2010), $728K (2011), −$8.9M (2012).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2012.

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

Sixteen years of filings

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

Net patient revenueOperating expenses
1997
reopened
$54.2M
$62.9M
1998
settled with audit
$68.0M
$63.9M
1999
settled
$69.5M
$65.0M
2000
settled
$61.7M
$68.0M
2001
settled
$70.2M
$70.5M
2002
settled
$65.5M
$69.6M
2003
settled
$56.8M
$69.8M
2004
settled
$65.5M
$71.8M
2005
settled
$71.3M
$75.4M
2006
settled
$77.5M
$76.1M
2007
settled
$76.4M
$84.6M
2008
settled
$85.5M
$87.5M
2009
reopened
$79.8M
$85.9M
2010
reopened
$66.0M
$78.0M
2011
settled
$80.4M
$79.7M
2012
settled
$73.1M
$82.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Virginia first; each on fiscal year 2012.

HospitalBedsNet patient revenueOperating expensesMargin
Central Virginia Training Center24$73,094,605$82,008,481−12.2%
Eastern State Hospital, Williamsburg5$21,988,592$68,099,055−209.7%
Hiram W Davis Medical Center, Petersburg4$82,642,830$136,409,660−65.1%
Smyth County Community Hospital, Marion35$40,482,077$47,152,200−16.5%
Swvmhi Med-Surg, Marion8$6,079,482$31,928,627−425.2%
Western State Hospital, Staunton4$5,758,139$47,137,241−718.6%

Who owns it

Related organizations on its own cost report: CVTC (100%), central office; CVTC (100%), cental service.

Type of control on its cost report: governmental, state.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 490108. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2011.ZIP, read October 29, 2014.