Velarion Records

Short-term acute care hospital · Richmond, Virginia · 179 beds · CMS certification number 490124

Capitol Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 16, 2001, reopened, stamped by CMS May 12, 2005. Six years on file, every one shown below.

Fiscal 2001 at a glance

Net patient revenue
$15.9M
$15,942,605 · G-3 line 3
Operating expenses
$19.0M
$18,960,972 · G-3 line 4
Result from patient care
−$3.0M
−$3,018,367 · G-3 line 5
Margin on patient care
−18.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $21.8M in its first year on file (1996) to $15.9M in 2001.
  • Its result from patient care: −$2.7M (1999), −$6.7M (2000), −$3.0M (2001).
  • 4 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 2001.

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

Six years of filings

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

Net patient revenueOperating expenses
1996
reopened
$21.8M
$20.9M
1997
reopened
$37.6M
$35.2M
1998
settled with audit
$32.4M
$33.5M
1999
reopened
$30.0M
$32.7M
2000
settled
$24.1M
$30.8M
2001
reopened
$15.9M
$19.0M

Beside its peers

Short-term acute care hospitals in Virginia with 100 to 199 beds, each on fiscal year 2001.

HospitalBedsNet patient revenueOperating expensesMargin
Capitol Medical Center179$15,942,605$18,960,972−18.9%
Augusta Health, Fishersville192$121,236,568$121,890,087−0.5%
Bon Secours Depaul Medical Center, Norfolk167$81,551,099$83,642,132−2.6%
Sentara Halifax Regional Hospital, South Boston173$50,424,002$48,261,0934.3%
Martha Jefferson Hospital, Charlottesville176$112,048,357$112,432,201−0.3%
Sentara Obici Hospital, Suffolk176$65,505,972$72,580,055−10.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2001.ZIP, form CMS-2552-96, filed under CMS certification number 490124.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read May 12, 2005.