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Short-term acute care hospital · Whitney, Texas · 49 beds · CMS certification number 450270

Lake Whitney Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2013, settled, stamped by CMS May 13, 2015. Seventeen years on file, every one shown below.

Fiscal 2013 at a glance

Net patient revenue
$12.7M
$12,742,973 · G-3 line 3
Operating expenses
$12.3M
$12,341,958 · G-3 line 4
Result from patient care
$401K
$401,015 · G-3 line 5
Margin on patient care
3.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.9M in its first year on file (1997) to $12.7M in 2013.
  • Its result from patient care: $14K (2011), −$1.3M (2012), $401K (2013).
  • 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 2013.
  • Medicaid paid for 6.8% of its inpatient days and Medicare for 84.8%.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
1997
settled
$3.9M
$4.2M
1998
reopened
$4.5M
$4.7M
1999
settled
$3.2M
$4.3M
2000
settled
$3.5M
$4.5M
2001
settled with audit
$2.9M
$3.8M
2002
settled with audit
$3.5M
$3.8M
2003
settled
$4.4M
$4.2M
2004
settled
$3.4M
$3.3M
2005
settled
$4.8M
$5.3M
2006
reopened
$5.2M
$6.5M
2007
settled with audit
$6.4M
$7.1M
2008
settled
$6.5M
$7.7M
2009
settled
$7.6M
$7.0M
2010
settled
$10.1M
$9.8M
2011
settled
$8.8M
$8.8M
2012
as submitted
$7.1M
$8.5M
2013
settled
$12.7M
$12.3M

Beside its peers

Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2013.

HospitalBedsNet patient revenueOperating expensesMargin
Lake Whitney Medical Center49$12,742,973$12,341,9583.1%
Covenant Hospital Plainview, Plainview49$31,588,353$34,920,870−10.5%
Etmc Clarksville, Clarksville49$10,012,390$11,361,452−13.5%
Etmc Crockett, Crockett49$18,172,185$19,317,023−6.3%
Parkview Regional Hospital, Mexia49$18,681,481$20,626,062−10.4%
Texas Orthopedic Hospital, Houston49$132,953,514$74,085,22344.3%

Patients and payers

Discharges
800
S-3 line 14, col 15
Inpatient days
2,480
S-3 line 14, col 8
Beds in use, on an average day
6.8
days ÷ days in year
Occupancy
13.9%
days ÷ bed days
Medicare share of days
84.8%
S-3 cols 6 ÷ 8
Medicaid share of days
6.8%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2012.ZIP, form CMS-2552-10, filed under CMS certification number 450270. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2012.ZIP, read May 13, 2015.