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Short-term acute care hospital · Lubbock, Texas · 32 beds · CMS certification number 450162

Grace Surgical Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS July 14, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$72.8M
$72,801,453 · G-3 line 3
Operating expenses
$69.0M
$68,982,466 · G-3 line 4
Result from patient care
$3.8M
$3,818,987 · G-3 line 5
Margin on patient care
5.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $20.2M in its first year on file (1996) to $72.8M in 2025.
  • Its result from patient care: $13.7M (2023), −$4.5M (2024), $3.8M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 1.3% of its inpatient days and Medicare for 35.6%.
  • GRACE CLINIC HOLDINGS LLC holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$20.2M
$18.8M
1997
reopened
$22.7M
$20.3M
1998
reopened
$19.8M
$22.0M
1999
reopened
$20.8M
$21.0M
2000
reopened
$17.4M
$19.6M
2001
reopened
$23.6M
$23.8M
2002
settled with audit
$22.0M
$21.3M
2003
settled
$26.6M
$28.7M
2004
settled
$25.6M
$31.4M
2005
reopened
$20.7M
$31.9M
2006
settled
$20.0M
$28.5M
2007
settled
$18.3M
$23.1M
2008
reopened
$5.0M
$5.0M
2009
reopened
$36.1M
$36.6M
2010
reopened
$40.7M
$41.0M
2011
reopened
$38.6M
$39.2M
2012
reopened
$34.6M
$35.2M
2013
reopened
$34.4M
$37.1M
2014
reopened
$47.8M
$42.9M
2015
settled
$59.7M
$60.6M
2016
settled
$70.5M
$68.9M
2017
settled
$69.2M
$73.6M
2018
settled
$75.1M
$70.7M
2019
settled
$67.8M
$57.1M
2020
settled
$58.5M
$59.0M
2021
settled
$70.7M
$79.3M
2022
settled
$80.9M
$104.4M
2023
settled
$84.9M
$71.2M
2024
as submitted
$65.8M
$70.2M
2025
as submitted
$72.8M
$69.0M

Beside its peers

Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Grace Surgical Hospital32$72,801,453$68,982,4665.3%
Childress Regional Medical Center, Childress33$41,612,630$44,052,373−5.9%
Hereford Regional Medical Center, Hereford32$17,979,155$34,430,835−91.5%
Methodist Hospital for Surgery, Addison32$168,384,651$138,593,15617.7%
North Texas Medical Center, Gainsville35$47,174,413$50,228,266−6.5%
Usmd Hospital at Arlington, Arlington34$85,870,796$89,426,460−4.1%

Patients and payers

Discharges
163
S-3 line 14, col 15
Inpatient days
230
S-3 line 14, col 8
Beds in use, on an average day
0.6
days ÷ days in year
Occupancy
2.0%
days ÷ bed days
Medicare share of days
35.6%
S-3 cols 6 ÷ 8
Medicaid share of days
1.3%
S-3 cols 7 ÷ 8

Who owns it

  • GRACE CLINIC HOLDINGS LLC100%

Related organizations on its own cost report: HB0456 PHSWA (100%); HB0619 TX CHS (100%).

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

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 450162. 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 HOSP10FY2025.ZIP, read July 14, 2026.