Velarion Records

Short-term acute care hospital · Galveston, Texas · 860 beds · CMS certification number 450018

University of Texas Medical Branch at Galveston

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2025, as submitted, stamped by CMS September 28, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.5B
$1,517,330,607 · G-3 line 3
Operating expenses
$1.9B
$1,865,657,389 · G-3 line 4
Result from patient care
−$348.3M
−$348,326,782 · G-3 line 5
Margin on patient care
−23.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $249.5M in its first year on file (1997) to $1.5B in 2025.
  • Its result from patient care: −$356.5M (2023), −$320.9M (2024), −$348.3M (2025).
  • 2 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 2025.
  • Medicaid paid for 2.7% of its inpatient days and Medicare for 12.4%.

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
1997
settled with audit
$249.5M
$524.9M
1998
reopened
$223.8M
$534.5M
1999
reopened
$198.5M
$506.4M
2000
reopened
$185.4M
$500.7M
2001
reopened
$220.1M
$536.5M
2002
reopened
$266.7M
$563.9M
2003
reopened
$290.8M
$585.6M
2004
reopened
$316.3M
$579.8M
2005
reopened
$319.0M
$610.1M
2006
reopened
$313.8M
$618.0M
2007
reopened
$310.6M
$600.2M
2008
reopened
$332.5M
$661.6M
2009
reopened
$154.5M
$565.5M
2010
reopened
$273.8M
$558.4M
2011
reopened
$340.1M
$619.0M
2012
reopened
$351.2M
$623.9M
2013
reopened
$400.4M
$661.5M
2014
reopened
$426.6M
$680.1M
2015
reopened
$466.5M
$745.9M
2016
reopened
$510.0M
$796.6M
2017
reopened
$570.8M
$838.6M
2018
reopened
$588.0M
$850.9M
2019
reopened
$822.1M
$1.1B
2020
reopened
$851.1M
$1.2B
2021
settled
$1.0B
$1.2B
2022
reopened
$1.1B
$1.4B
2023
settled
$1.2B
$1.5B
2024
settled
$1.3B
$1.7B
2025
as submitted
$1.5B
$1.9B

Beside its peers

Short-term acute care hospitals in Texas with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
University of Texas Medical Branch at Galveston860$1,517,330,607$1,865,657,389−23.0%
Baptist Medical Center, San Antonio1,137$1,433,449,446$1,262,048,09012.0%
Baylor University Medical Center, Dallas837$1,510,714,800$1,422,688,7965.8%
Memorial Hermann Texas Medical Center, Houston1,136$2,943,300,246$3,077,060,706−4.5%
Houston Methodist Hospital, Houston1,054$3,286,607,824$3,151,522,3784.1%
University Health, San Antonio844$1,761,415,250$3,874,563,311−120.0%

Patients and payers

Discharges
42,626
S-3 line 14, col 15
Inpatient days
214,103
S-3 line 14, col 8
Beds in use, on an average day
588.2
days ÷ days in year
Occupancy
72.8%
days ÷ bed days
Medicare share of days
12.4%
S-3 cols 6 ÷ 8
Medicaid share of days
2.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: STATE OF TEXAS (100%); FAMILY HEALTHCARE CENTERS, cet 501 healthcare corp.

Type of control on its cost report: governmental, state.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 450018. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 28, 2026.