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Short-term acute care hospital · San Antonio, Texas · 1,137 beds · CMS certification number 450058

Baptist Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 10, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$1.4B
$1,433,449,446 · G-3 line 3
Operating expenses
$1.3B
$1,262,048,090 · G-3 line 4
Result from patient care
$171.4M
$171,401,356 · G-3 line 5
Margin on patient care
12.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $325.5M in its first year on file (1997) to $1.4B in 2025.
  • Its result from patient care: $180.8M (2023), $252.3M (2024), $171.4M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 8.2% of its inpatient days and Medicare for 14.5%.
  • TENET HEALTHCARE CORPORATION 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
1997
reopened
$325.5M
$328.2M
1998
reopened
$336.8M
$343.2M
1999
reopened
$374.8M
$398.0M
2000
reopened
$425.0M
$473.6M
2001
reopened
$395.5M
$465.7M
2002
reopened
$402.0M
$455.2M
2003
reopened
$240.4M
$228.5M
2004
reopened
$522.5M
$464.5M
2005
reopened
$615.9M
$567.0M
2006
reopened
$689.5M
$640.9M
2007
reopened
$766.6M
$712.3M
2008
reopened
$849.8M
$788.5M
2009
reopened
$905.5M
$834.8M
2010
reopened
$855.9M
$773.2M
2011
reopened
$950.2M
$855.0M
2012
reopened
$903.7M
$796.2M
2013
reopened
$965.1M
$837.4M
2014
reopened
$942.9M
$819.8M
2015
reopened
$1.2B
$855.0M
2016
reopened
$1.0B
$887.2M
2017
reopened
$1.0B
$975.7M
2018
reopened
$1.0B
$961.2M
2019
settled with audit
$1.1B
$1.0B
2020
settled
$1.1B
$979.2M
2021
settled
$1.2B
$1.0B
2022
as submitted
$1.2B
$1.1B
2023
as submitted
$1.3B
$1.1B
2024
as submitted
$1.4B
$1.2B
2025
as submitted
$1.4B
$1.3B

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Baptist Medical Center1,137$1,433,449,446$1,262,048,09012.0%
Memorial Hermann Hospital System, Houston1,433$2,335,542,887$2,299,911,9491.5%
Memorial Hermann Texas Medical Center, Houston1,136$2,943,300,246$3,077,060,706−4.5%
Methodist Hospital, San Antonio1,863$2,801,596,449$2,233,664,72320.3%
Houston Methodist Hospital, Houston1,054$3,286,607,824$3,151,522,3784.1%
University of Texas Medical Branch at Galveston, Galveston860$1,517,330,607$1,865,657,389−23.0%

Patients and payers

Discharges
59,822
S-3 line 14, col 15
Inpatient days
301,371
S-3 line 14, col 8
Beds in use, on an average day
827.9
days ÷ days in year
Occupancy
72.6%
days ÷ bed days
Medicare share of days
14.5%
S-3 cols 6 ÷ 8
Medicaid share of days
8.2%
S-3 cols 7 ÷ 8

Who owns it

  • TENET HEALTHCARE CORPORATION100%
  • VANGUARD HEALTH HOLDING COMPANY I LLC100%
  • VANGUARD HEALTH HOLDING COMPANY II LLC100%
  • VANGUARD HEALTH MANAGEMENT INC100%
  • VANGUARD HEALTH SYSTEMS INC100%
  • VHS HOLDING COMPANY INC97%
  • VANGUARD HEALTH FINANCIAL COMPANY LLC69%
  • VHS ACQUISITION SUBSIDIARY NUMBER 5 INC2%

Indirect owner: BAPTIST HEALTH FOUNDATION OF SAN ANTONIO

Related organizations on its own cost report: TENET HEALTHCARE CORPORATION, parent company; CONIFER, credit and collection; GLOBAL BUSINESS CENTER, accounting support.

Other hospitals with the same owner: St. Mary's Hospital (AZ), St. Joseph's Hospital (AZ), Abrazo Central Campus (AZ), Abrazo Scottsdale Campus (AZ), Abrazo Arrowhead Campus (AZ), Arizona Spine and Joint Hospital (AZ), Abrazo West Campus (AZ), Arizona Specialty Hospital (AZ), HCH Tucson Holdings (AZ).

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 450058. 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 December 10, 2025.