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Long-term care hospital · West Monroe, Louisiana · 41 beds · CMS certification number 192031

Cornerstone Specialty Hospitals West Monroe

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS January 28, 2026. 23 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$10.9M
$10,899,076 · G-3 line 3
Operating expenses
$14.0M
$14,032,527 · G-3 line 4
Result from patient care
−$3.1M
−$3,133,451 · G-3 line 5
Margin on patient care
−28.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.0M in its first year on file (2002) to $10.9M in 2025.
  • Its result from patient care: −$8K (2023), −$5.0M (2024), −$3.1M (2025).
  • 3 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 4.0% of its inpatient days and Medicare for 53.7%.
  • SPECIALTY HEALTHCARE HOLDINGS LLC holds 100% of it, on its Medicare enrollment.

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

23 years of filings

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

Net patient revenueOperating expenses
2002
reopened
$8.0M
$8.1M
2003
settled
$9.1M
$7.7M
2004
settled
$10.8M
$8.5M
2005
settled
$6.6M
$4.7M
2006
settled
$15.4M
$12.0M
2007
settled
$13.7M
$12.0M
2008
settled
$18.3M
$15.2M
2009
settled with audit
$18.2M
$16.2M
2010
as submitted
$19.7M
$17.1M
2011
reopened
$16.4M
$16.0M
2012
settled
$18.0M
$17.0M
2013
reopened
$19.2M
$17.4M
2015
reopened
$20.0M
$19.3M
2016
settled
$19.0M
$20.2M
2017
settled
$16.0M
$19.1M
2018
settled
$18.2M
$17.2M
2019
settled
$17.7M
$15.2M
2020
settled
$17.9M
$15.5M
2021
settled
$16.8M
$16.0M
2022
settled
$17.0M
$15.6M
2023
settled
$17.3M
$17.3M
2024
settled
$11.9M
$17.0M
2025
as submitted
$10.9M
$14.0M

Beside its peers

Long-term care hospitals in Louisiana with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Cornerstone Specialty Hospitals West Monroe41$10,899,076$14,032,527−28.7%
Bridgepoint Continuing Care Hospital, Marrero39$18,814,619$15,901,30215.5%
Houma-AMG Specialty Hospital, Houma40$11,103,853$10,558,5724.9%
Louisiana Extended Care Hospital of Lafayette, Lafayette48$12,266,380$12,815,482−4.5%
Pam Specialty Hospital of Hammond, Hammond40$14,082,970$15,331,577−8.9%
Riverbridge Specialty Hospital, Vidalia37$13,542,122$14,567,557−7.6%

Patients and payers

Discharges
243
S-3 line 14, col 15
Inpatient days
6,958
S-3 line 14, col 8
Beds in use, on an average day
23.0
days ÷ days in year
Occupancy
56.0%
days ÷ bed days
Medicare share of days
53.7%
S-3 cols 6 ÷ 8
Medicaid share of days
4.0%
S-3 cols 7 ÷ 8

Who owns it

  • SPECIALTY HEALTHCARE HOLDINGS LLC100%
  • POST ACUTE SOLUTIONS LLC70%
  • MARC C FERRELL32%
  • SWENDA M BEITPOULICE32%
  • TWENTY-FOUR HEALTHCARE GROUP, INC.32%
  • SPECIALTY INVESTMENT GROUP LLC30%
  • BR MR SPOUSAL TRUST HOLDINGS LLC15%
  • ARB OP VENTURES LLC15%
  • BRIAN K REYNOLDS SPOUSAL TR UA14%
  • FINBAR SCULLY SPOUSAL TRUST AGREEMENT12%
  • ANTOINETTE SALDIVAR7%

Related organizations on its own cost report: KHOLLC (100%), home office cost; KHOLLC (100%), liability insurance; APOLLO (100%), therapy svcs.

Other hospitals with the same owner: Cornerstone Specialty Hospitals Tucson (AZ), Vista Specialty Hospital of la Mirada (CA).

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

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 192031. 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 HOSP10FY2024.ZIP, read January 28, 2026.