Velarion Records

Short-term acute care hospital · Sherman, Texas · 10 beds · CMS certification number 450393

Community Specialty Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2007, settled, stamped by CMS March 19, 2025. Twelve years on file, every one shown below.

Fiscal 2007 at a glance

Net patient revenue
$11.0M
$10,970,751 · G-3 line 3
Operating expenses
$13.8M
$13,756,184 · G-3 line 4
Result from patient care
−$2.8M
−$2,785,433 · G-3 line 5
Margin on patient care
−25.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $30.5M in its first year on file (1996) to $11.0M in 2007.
  • Its result from patient care: −$1.8M (2005), −$855K (2006), −$2.8M (2007).
  • 3 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 2007.

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

Twelve years of filings

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

Net patient revenueOperating expenses
1996
as submitted
$30.5M
$35.4M
1997
as submitted
$8.9M
$13.2M
1998
as submitted
$29.2M
$36.2M
1999
reopened
$24.7M
$25.4M
2000
reopened
$24.7M
$26.5M
2001
settled
$18.8M
$16.5M
2002
settled
$15.8M
$22.6M
2003
settled
$15.6M
$12.2M
2004
settled
$12.5M
$7.6M
2005
reopened
$3.8M
$5.5M
2006
settled
$14.9M
$15.8M
2007
settled
$11.0M
$13.8M

Beside its peers

Short-term acute care hospitals in Texas with under 25 beds, each on fiscal year 2007.

HospitalBedsNet patient revenueOperating expensesMargin
Community Specialty Hospital10$10,970,751$13,756,184−25.4%
Cornerstone Regional Hospital, Edinburg14$12,609,163$13,893,989−10.2%
Lakeside Hospital, Bastrop14$8,281,242$11,916,705−43.9%
Memorial Hermann Surgical Hospital Kingwood, Kingwood10$3,627,222$3,273,8799.7%
Memorial Hermann Houston Physicians' Hospital, Webster9$23,600,368$16,995,61828.0%
West Texas Hospital, Abilene14$2,636,520$3,846,410−45.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2007.ZIP, form CMS-2552-96, filed under CMS certification number 450393.

How this page was built: the CMS Medicare cost report, file HOSPFY2007.ZIP, read March 19, 2025.