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Short-term acute care hospital · Humacao, Puerto Rico · 48 beds · CMS certification number 400005

Hope Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2024, as submitted, stamped by CMS May 29, 2026. 29 years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$11.9M
$11,932,638 · G-3 line 3
Operating expenses
$15.7M
$15,701,867 · G-3 line 4
Result from patient care
−$3.8M
−$3,769,229 · G-3 line 5
Margin on patient care
−31.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.7M in its first year on file (1996) to $11.9M in 2024.
  • Its result from patient care: −$2.8M (2022), −$11.6M (2023), −$3.8M (2024).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2024.
  • Medicaid paid for 26.6% of its inpatient days and Medicare for 4.1%.
  • EASTERN HEALTH LLC holds 100% of it, on its Medicare enrollment.

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

29 years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$3.7M
$3.7M
1997
settled with audit
$9.3M
$12.3M
1998
reopened
$11.6M
$15.2M
1999
settled with audit
$10.1M
$13.0M
2000
settled with audit
$11.7M
$11.3M
2001
reopened
$11.3M
$11.7M
2002
settled with audit
$11.2M
$11.3M
2003
settled with audit
$13.0M
$11.8M
2004
settled with audit
$13.2M
$12.6M
2005
reopened
$16.8M
$15.8M
2006
reopened
$15.9M
$17.3M
2007
reopened
$17.9M
$17.2M
2008
settled
$18.2M
$17.7M
2009
settled
$18.9M
$17.8M
2010
settled
$20.0M
$17.8M
2011
reopened
$19.8M
$20.2M
2012
reopened
$21.3M
$18.3M
2013
reopened
$18.4M
$18.3M
2014
settled
$24.2M
$20.6M
2015
settled
$20.0M
$20.7M
2016
settled
$16.6M
$19.5M
2017
settled
$17.5M
$16.1M
2018
settled
$15.0M
$19.4M
2019
settled
$16.4M
$19.1M
2020
settled
$11.3M
$16.1M
2021
settled
$14.0M
$16.1M
2022
settled
$13.9M
$16.8M
2023
reopened
$11.4M
$23.0M
2024
as submitted
$11.9M
$15.7M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Hope Medical Center48$11,932,638$15,701,867−31.6%
Caribbean Medical Center, Fajardo44$30,481,723$27,235,13310.7%
Hospital Centro Comprensivo Del Cancer, San Juan54$29,169,047$65,994,933−126.3%
Hosp. Metropolitano de San German, San German57$25,211,818$28,502,432−13.1%
Liga Puertorriquena Contra El Cancer, Po Box 191811 San Juan40$16,240,488$27,151,944−67.2%
Professional Hospital Guaynabo, Guaynabo49$25,843,703$24,081,0246.8%

Patients and payers

Discharges
1,026
S-3 line 14, col 15
Inpatient days
9,233
S-3 line 14, col 8
Beds in use, on an average day
24.0
days ÷ days in year
Occupancy
50.0%
days ÷ bed days
Medicare share of days
4.1%
S-3 cols 6 ÷ 8
Medicaid share of days
26.6%
S-3 cols 7 ÷ 8

Who owns it

  • EASTERN HEALTH LLC100%
  • PR HEALTHCARE PARTNERS LLC50%
  • CHRISTOPHER VALENTINE25%
  • GUSTAVO A HIGUEREY25%

Indirect owner: JOSUE VAZQUEZ DELGADO

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 400005. 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 May 29, 2026.