Childrens Hospital of Richmond

General Info

Address:
2924 Brook Rd
Richmond, VA 23220
Get Directions

  (804) 321-7474

Administrator:
Sharon Darby
VP Operations

Facility Comments: Nursing Home accepts Medicaid. Outpatient services accept Medicare and Medicaid.

Stays


For Fiscal year 7/1/2016 - 6/30/2017
Licensed beds47
Patient days14,226
Full Time Equivalents324

Rates

Semi-Private Daily Room Rate 0
Private Daily Room Rate 0

Updated on: 2/5/2019

Efficiency Indicators

For Fiscal Year 7/1/2016 - 6/30/2017
What are Efficiency Indicators?

Charges

Indicator Description Quartile Rank 1 through 4
1 Gross Revenue Per Adjusted Admission: The average full patient charge based on charge schedules per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
QuartileMin.Max.
1 166.13 209.60
2 209.60 242.22
3 242.22 258.97
4 258.97 439.03
(lower is better)
166.13 
439.03
.
4
 439.03
2 Net Revenue Per Adjusted Admission: The average dollar amount expected to be collected per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
QuartileMin.Max.
1 130.45 157.25
2 157.25 172.16
3 172.16 190.46
4 190.46 359.70
(lower is better)
130.45 
224.60
.
4
 359.70

Costs

Indicator Description Quartile Rank 1 through 4
3 Cost Per Adjusted Admission: The average total operating costs (adjusted by the wage index) per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
QuartileMin.Max.
1 123.44 156.06
2 156.06 166.78
3 166.78 185.23
4 185.23 397.72
(lower is better)
123.44 
242.64
.
4
 397.72
4 Labor Cost Per Adjusted Admission: The average personnel expenses (adjusted by the wage index) per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
QuartileMin.Max.
1 62.85 91.87
2 91.87 101.09
3 101.09 114.34
4 114.34 283.93
(lower is better)
62.85 
187.44
.
4
 283.93
5 Non-labor Cost Per Adjusted Admission: The average supply, maintenance and non-personnel expenses (adjusted by the wage index) per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
QuartileMin.Max.
1 27.24 37.02
2 37.02 43.33
3 43.33 55.09
4 55.09 120.58
(lower is better)
27.24 
46.02
.
3
 120.58
6 Capital Cost Per Adjusted Admission: The average physical facility costs (e.g., expenses for depreciation, amortization, interest, insurance and taxes as related to the acquisition of permanent assets) per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
QuartileMin.Max.
1 0.52 7.00
2 7.00 12.23
3 12.23 19.04
4 19.04 50.17
(lower is better)
0.52 
6.88
.
1
 50.17

Productivity/Utilization

Indicator Description Quartile Rank 1 through 4
7 Full-time Equivalents Per Adjusted Occupied Bed: The number of staff, converted to the average number of employees who work full time, for each occupied bed. The number of occupied beds has been adjusted to account for outpatient service revenue and case mix. The desired direction is toward a lower value.
QuartileMin.Max.
1 2.80 3.67
2 3.67 4.10
3 4.10 4.77
4 4.77 14.30
(lower is better)
2.80 
4.99
.
4
 14.30

Financial Viability

Indicator Description Quartile Rank 1 through 4
8 Paid Hours Per Adjusted Admission: The average number of hours the hospital paid to employees or an agency, per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
QuartileMax.Min.
1 26.90 6.45
2 6.45 1.36
3 1.36 -1.22
4 -1.22 -45.91
(higher is better)
26.90 
15.61
.
1
 -45.91
9 Staffed Beds Occupancy: Expressed as a percentage, the average utilization of the average number of beds, excluding long-term care beds and normal newborn bassinets, that are operational to receive patients during the reporting period. The desired direction is toward a higher value.
QuartileMax.Min.
1 59.18 13.57
2 13.57 1.78
3 1.78 -2.03
4 -2.03 -79.86
(higher is better)
59.18 
-6.57
.
4
 -79.86
10 Licensed Beds Occupancy: Expressed as a percentage, the average utilization of the number of licensed beds reported by the facility, as approved by the Virginia Department of Health. For hospitals, licensed beds exclude normal newborn bassinets, but include neonatal ICU bassinets. The desired direction is toward a higher value.
QuartileMax.Min.
1 29.00 25.33
2 25.33 1.60
3 1.60 0.00
4 0.00 -12.80
(higher is better)
29.00 
0.00
.
3
 -12.80
11 Special Services Utilization: Expressed as a percentage, the average utilization of high capital-cost services that are subject to Certificate of Public Need (COPN) law. Special services include: ICU/CCU, obstetrics, neonatal ICU, MRI, CT, lithotripsy, cardiac catheterization, radiation therapy and cardiac surgery. The desired direction is toward a higher value.
QuartileMin.Max.
1 0.00 0.00
2 0.00 0.83
3 0.83 1.42
4 1.42 5.74
(lower is better)
0.00 
1.48
.
4
 5.74

Community Support

Indicator Description Quartile Rank 1 through 4
12 Case-mix Adjusted Average Length of Stay: The average number of days a patient stays in the hospital, adjusted for case mix using the current version of the 3M APR-DRGs. The desired direction is toward a lower value.
QuartileMax.Min.
1 9.74 5.63
2 5.63 3.42
3 3.42 1.65
4 1.65 -9.52
(higher is better)
9.74 
0.95
.
4
 -9.52
13 Cash Debt Coverage: A measure of the facility's ability to generate cash to cover its long-term debt. The desired direction is toward a higher value.
QuartileMax.Min.
1 100.00 74.04
2 74.04 56.57
3 56.57 42.96
4 42.96 15.41
(higher is better)
100.00 
100.00
.
1
 15.41

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Updated on: 02/05/2019

Financial Information

For Fiscal Year 7/1/2016 - 6/30/2017

Revenue

  • Gross patient revenue $59,341,259
  • Contractual allowance $28,982,978
  • Net patient revenue $30,358,281
  • Other operating revenue $107,526

Expense

  • Labor$25,335,366
  • Non-labor$6,220,145
  • Capital$929,426
  • Taxes$51,320
  • Bad-debt$260,338
  • Total expense$32,796,595
  • .
  • Operating income($2,330,788)
  • Net non-operating gains (loss)$8,395,686
  • Revenue and gains
    in excess of expenses and losses$6,064,898

Balance Sheet

  • Current assets$6,489,379
  • Net fixed assets$7,674,419
  • Other assets$13,780,448
  • Total assets$27,944,246
  • .
  • Current liabilities$10,688,422
  • Long term liabilities$11,390,181
  • Total liabilities$22,078,603
  • Net worth$5,865,643
Click here for more information on operating and total margins.

Updated on: 02/05/2019

Staffing

Be careful when comparing staffing levels of different nursing facilities.
Information comes from data that the nursing facility reports to its state agency.
It contains the nursing facility staffing hours for a two-week period prior to the time of the state inspection.
The Centers for Medicare & Medicaid Services (CMS) receives this data and converts it into the number of staff hours per resident per day.
How to Read a Staffing Chart
Childrens Hospital of Richmond Virginia AverageNational Average
Average number of residents per dayN/A97.485.9
Total number of licensed nurse staff hours per resident per dayN/A1 hour 40 minutes1 hour 34 minutes
RN hours per resident per dayN/A36 minutes41 minutes
LPN/LVN hours per resident per dayN/A1 hour 4 minutes53 minutes
Nurse aide hours per resident per day2 hour 20 minutes2 hour 9 minutes2 hour 20 minutes
Physical therapist staff hours per resident per dayN/A7 minutes7 minutes

Updated on: 11/28/2018

Quality Measures

Information comes from data that the nursing home regularly report on all residents. It includes aspects of residents' health, physical funcioning, mental status and general well being. The Centers for Medicare & Medicaid Services (CMS) receives this data and converts it into the number of staff hours per resident per day.
Read why Quality Measures are important to you at www.Medicare.gov

Updated on: 11/28/2018