Velarion Records

Short-term acute care hospital · Stanley, Wisconsin · 41 beds · CMS certification number 520007

Victory Medical Center

Latest filing: fiscal year ended March 6, 2001, settled, stamped by CMS September 19, 2006. Six years on file, all shown below.

Fiscal 2001 at a glance

Net patient revenue $4.0M $4,047,727 · G-3 line 3
Operating expenses $4.5M $4,540,620 · G-3 line 4
Result from patient care −$493K −$492,893 · G-3 line 5
Margin on patient care −12.2% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.1M in its first year on file (1996) to $4.0M in 2001.
  • Its result from patient care: −$612K (1999), −$317K (2000), −$493K (2001).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2001.

How these statements are drawn

Six years of filings

Net patient revenueOperating expenses

1996 settled margin −1.0% $9.1M $9.2M

1997 settled margin −9.6% $8.8M $9.7M

1998 settled with audit margin −6.6% $9.8M $10.4M

1999 settled margin −6.8% $9.0M $9.6M

2000 settled margin −3.3% $9.7M $10.1M

2001 settled margin −12.2% $4.0M $4.5M

Beside its peers

Short-term acute care hospitals in Wisconsin with 25 to 49 beds, fiscal year 2001.

Hospital Beds Net patient revenue Operating expenses Margin

Victory Medical Center 41 $4,047,727 $4,540,620 −12.2%

Flambeau Hospital, Park Falls 42 $11,863,258 $11,778,785 0.7%

Hayward Area Memorial Hospital, Hayward 41 $13,052,230 $12,681,515 2.8%

Ladd Memorial Hospital, Osceola 42 $11,508,594 $11,267,050 2.1%

Memorial Hospital of Iowa County in, Dodgeville 40 $19,294,876 $19,234,426 0.3%

Prairie Du Chien Memorial Hospital, Prairie Du Chien 42 $15,045,157 $14,635,803 2.7%

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More short-term acute care hospitals in Wisconsin

File HOSPFY2001.ZIP, form CMS-2552-96, CMS certification number 520007.

How this page was built: the CMS Medicare cost report, file HOSPFY2001.ZIP, read September 19, 2006.