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Long-term care hospital · Shawnee, Oklahoma · 26 beds · CMS certification number 372019

Cornerstone Specialty Shawnee

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2024, settled, stamped by CMS January 26, 2026. Twenty years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$10.5M
$10,483,250 · G-3 line 3
Operating expenses
$14.0M
$14,030,478 · G-3 line 4
Result from patient care
−$3.5M
−$3,547,228 · G-3 line 5
Margin on patient care
−33.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $5.8M in its first year on file (2006) to $2.6M in 2025.
  • Its result from patient care: −$167K (2023), −$3.5M (2024), −$2.2M (2025).
  • 1 of the 5 long-term care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2024.
  • Medicaid paid for 23.5% of its inpatient days and Medicare for 43.2%.

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

Twenty years of filings

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

Net patient revenueOperating expenses
2006
settled
$5.8M
$5.2M
2007
settled
$8.8M
$7.4M
2008
settled
$9.9M
$8.9M
2009
settled
$10.2M
$8.7M
2010
as submitted
$12.0M
$9.3M
2011
settled
$13.1M
$9.8M
2012
settled
$13.6M
$10.1M
2013
reopened
$14.1M
$10.5M
2014
settled
$12.8M
$11.2M
2015
settled
$13.9M
$12.5M
2016
settled
$12.7M
$12.3M
2017
settled
$13.1M
$13.3M
2018
settled
$12.4M
$12.4M
2019
settled
$10.1M
$9.6M
2020
settled
$12.1M
$10.7M
2021
settled
$14.3M
$12.0M
2022
settled
$15.0M
$12.2M
2023
settled
$12.9M
$13.0M
2024
settled
$10.5M
$14.0M
2025
as submitted
$2.6M
$4.8M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Oklahoma first; each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Cornerstone Specialty Shawnee26$10,483,250$14,030,478−33.8%
Inspire Specialty Hospital, Midwest City31$9,392,569$9,158,4342.5%
Muscogee Creek Nation Long Term Care, Okmulgee16$10,705,540$6,917,57435.4%
Okc-AMG Specialty Hospital, Oklahoma City18$15,370,579$11,060,06328.0%
Pam Health Specialty Hospital of Oklahoma City, Oklahoma City59$17,221,827$16,494,2354.2%
Select Specialty Hospital Tulsa Midtown, Tulsa46$17,031,216$19,421,050−14.0%

Patients and payers

Discharges
293
S-3 line 14, col 15
Inpatient days
7,047
S-3 line 14, col 8
Beds in use, on an average day
19.3
days ÷ days in year
Occupancy
74.1%
days ÷ bed days
Medicare share of days
43.2%
S-3 cols 6 ÷ 8
Medicaid share of days
23.5%
S-3 cols 7 ÷ 8

Who owns it

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

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2023.ZIP, form CMS-2552-10, filed under CMS certification number 372019. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2023.ZIP, read January 26, 2026.