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Psychiatric hospital · Morgantown, West Virginia · 55 beds · CMS certification number 514007

Chestnut Ridge Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 1998, settled, stamped by CMS April 12, 2000. Two years on file, every one shown below.

Fiscal 1998 at a glance

Net patient revenue
$8.8M
$8,786,750 · G-3 line 3
Operating expenses
$7.8M
$7,826,175 · G-3 line 4
Result from patient care
$961K
$960,575 · G-3 line 5
Margin on patient care
10.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.2M in its first year on file (1997) to $8.8M in 1998.
  • Its result from patient care: $1.2M (1997), $961K (1998).
  • 2 of the 5 psychiatric hospital peers below with a margin on file also report a gain on patient care for fiscal year 1998.

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

Two years of filings

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

Net patient revenueOperating expenses
1997
settled
$9.2M
$8.0M
1998
settled
$8.8M
$7.8M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from West Virginia first; each on fiscal year 1998.

HospitalBedsNet patient revenueOperating expensesMargin
Chestnut Ridge Hospital55$8,786,750$7,826,17510.9%
Gateways Hospital & Mental Health Center, Los Angeles (CA)55$11,512,965$12,748,245−10.7%
Highland Hospital, Charleston26$6,303,357$7,421,664−17.7%
Mildred Mitchell Bateman Hospital, Huntington90$6,666,880$12,072,020−81.1%
River Park Hospital, Huntington165$10,892,739$9,479,04613.0%
William R. Sharpe Jr.Hospial, Weston150$21,225,722$19,441,5098.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1997.ZIP, form CMS-2552-96, filed under CMS certification number 514007.

How this page was built: the CMS Medicare cost report, file HOSPFY1997.ZIP, read April 12, 2000.