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Short-term acute care hospital · Metairie, Louisiana · 10 beds · CMS certification number 190302

Omega Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2023, settled, stamped by CMS August 15, 2024. Twelve years on file, every one shown below.

Fiscal 2023 at a glance

Net patient revenue
$4.4M
$4,398,641 · G-3 line 3
Operating expenses
$9.5M
$9,460,646 · G-3 line 4
Result from patient care
−$5.1M
−$5,062,005 · G-3 line 5
Margin on patient care
−115.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $21.9M in its first year on file (2014) to $45.3M in 2025.
  • Its result from patient care: −$5.1M (2023), $3.9M (2024), $22.6M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2023.
  • ERIC R GEORGE holds 100% of it, on its Medicare enrollment.

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

Twelve years of filings

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

Net patient revenueOperating expenses
2014
settled
$21.9M
$13.4M
2015
settled
$16.1M
$13.3M
2016
settled
$16.3M
$13.2M
2017
settled
$15.1M
$12.5M
2018
settled
$16.4M
$12.7M
2019
settled
$15.8M
$13.5M
2020
settled
$12.6M
$14.0M
2021
settled
$11.2M
$10.6M
2022
settled
not filed
not filed
2023
settled
$4.4M
$9.5M
2024
as submitted
$22.1M
$18.1M
2025
as submitted
$45.3M
$22.7M

Beside its peers

Short-term acute care hospitals in Louisiana with under 25 beds, each on fiscal year 2023.

HospitalBedsNet patient revenueOperating expensesMargin
Omega Hospital10$4,398,641$9,460,646−115.1%
Sterling Surgical Hospital, Slidell10$25,231,007$19,012,95324.6%
Lafayette Surgical Specialty Hospital, Lafayette20$50,309,836$44,878,83210.8%
Monroe Surgical Hospital, Monroe10$27,017,532$30,286,983−12.1%
Park Place Surgery Center, Lafayette10$56,261,237$48,032,54514.6%
Surgical Specialty Center of Baton Rouge, Baton Rouge16$51,872,620$42,806,42117.5%

Patients and payers

Discharges
29
S-3 line 14, col 15
Inpatient days
41
S-3 line 14, col 8
Beds in use, on an average day
0.1
days ÷ days in year
Occupancy
1.6%
days ÷ bed days
Medicare share of days
24.4%
S-3 cols 6 ÷ 8

Who owns it

  • ERIC R GEORGE100%
  • BETA GAMMA, LLC97%

Related organizations on its own cost report: BETA GAMMA (1%); ERIC GEORGE M.D. (0%).

Type of control on its cost report: proprietary, partnership.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2023.ZIP, form CMS-2552-10, filed under CMS certification number 190302. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2023.ZIP, read August 15, 2024.