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Short-term acute care hospital · Wharton, Texas · 95 beds · CMS certification number 450214

Gulf Coast Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2014, settled, stamped by CMS May 15, 2017. Eighteen years on file, every one shown below.

Fiscal 2014 at a glance

Net patient revenue
$14.7M
$14,653,291 · G-3 line 3
Operating expenses
$20.1M
$20,133,315 · G-3 line 4
Result from patient care
−$5.5M
−$5,480,024 · G-3 line 5
Margin on patient care
−37.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $41.4M in its first year on file (1997) to $14.7M in 2014.
  • Its result from patient care: −$1.5M (2012), −$3.1M (2013), −$5.5M (2014).
  • 4 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 2014.

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

Eighteen years of filings

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

Net patient revenueOperating expenses
1997
as submitted
$41.4M
$32.3M
1998
as submitted
$37.5M
$32.4M
1999
settled
$31.0M
$25.4M
2000
reopened
$120.1M
$27.5M
2001
reopened
$39.1M
$29.8M
2002
settled
$43.7M
$33.2M
2003
reopened
$47.8M
$35.0M
2004
settled
$46.5M
$35.9M
2005
settled
$41.3M
$35.0M
2006
reopened
$35.7M
$33.7M
2007
settled with audit
$34.2M
$34.7M
2008
reopened
$35.4M
$37.1M
2009
reopened
$45.1M
$38.1M
2010
reopened
$32.5M
$47.4M
2011
reopened
$33.0M
$33.1M
2012
reopened
$20.3M
$21.8M
2013
reopened
$17.7M
$20.8M
2014
settled
$14.7M
$20.1M

Beside its peers

Short-term acute care hospitals in Texas with 50 to 99 beds, each on fiscal year 2014.

HospitalBedsNet patient revenueOperating expensesMargin
Gulf Coast Medical Center95$14,653,291$20,133,315−37.4%
Baylor Medical Center at Garland, Garland97$189,288,395$194,295,874−2.6%
Baylor Scott & White Medical Center - McKinney, Mckinney95$120,364,859$126,577,774−5.2%
Peterson Community Care Clinic RHC, Kerrville94$94,986,337$98,849,006−4.1%
Ascension Seton Hays, Kyle94$129,690,836$128,390,1921.0%
CHRISTUS Health-Mount Pleasant, Mt. Pleasant96$55,429,428$65,093,820−17.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2014.ZIP, form CMS-2552-10, filed under CMS certification number 450214.

How this page was built: the CMS Medicare cost report, file HOSP10FY2014.ZIP, read May 15, 2017.