Velarion Records

Short-term acute care hospital · Lubbock, Texas · 452 beds · CMS certification number 450457

Methodist Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 1999, reopened, stamped by CMS November 17, 2006. Three years on file, every one shown below.

Fiscal 1999 at a glance

Net patient revenue
$234.9M
$234,924,880 · G-3 line 3
Operating expenses
$218.0M
$217,983,038 · G-3 line 4
Result from patient care
$16.9M
$16,941,842 · G-3 line 5
Margin on patient care
7.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $230.6M in its first year on file (1997) to $234.9M in 1999.
  • Its result from patient care: −$20.0M (1997), $2.8M (1998), $16.9M (1999).
  • 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 1999.

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

Three years of filings

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

Net patient revenueOperating expenses
1997
reopened
$230.6M
$250.6M
1998
reopened
$248.9M
$246.1M
1999
reopened
$234.9M
$218.0M

Beside its peers

Short-term acute care hospitals in Texas with 400 and over beds, each on fiscal year 1999.

HospitalBedsNet patient revenueOperating expensesMargin
Methodist Hospital452$234,924,880$217,983,0387.2%
Bayou City Hospital, Houston428$62,197,506$59,678,1684.0%
Texas Health Fort Worth, Fort Worth465$242,751,349$255,320,463−5.2%
HCA Houston Healthcare Northwest, Houston478$166,718,119$142,182,02214.7%
McAllen Medical Center, Mcallen458$171,736,864$126,563,44126.3%
CHRISTUS Southeast Texas- St. Elizabeth, Beaumont422$80,123,345$84,281,713−5.2%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Texas

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY1998.ZIP, form CMS-2552-96, filed under CMS certification number 450457.

How this page was built: the CMS Medicare cost report, file HOSPFY1998.ZIP, read November 17, 2006.