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Short-term acute care hospital · Breckenridge, Texas · 20 beds · CMS certification number 450498

Stephens Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended April 7, 2025, settled, stamped by CMS December 5, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$6.1M
$6,125,520 · G-3 line 3
Operating expenses
$8.4M
$8,358,046 · G-3 line 4
Result from patient care
−$2.2M
−$2,232,526 · G-3 line 5
Margin on patient care
−36.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.9M in its first year on file (1997) to $6.1M in 2025.
  • Its result from patient care: −$6.5M (2023), −$4.8M (2024), −$2.2M (2025).
  • 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 2025.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$4.9M
$5.6M
1998
reopened
$5.8M
$5.8M
1999
reopened
$4.2M
$5.6M
2000
settled with audit
$5.4M
$6.2M
2001
reopened
$5.5M
$6.4M
2002
reopened
$6.4M
$6.6M
2003
reopened
$6.0M
$6.6M
2004
settled
$6.4M
$6.9M
2005
reopened
$6.8M
$7.0M
2006
settled
$7.1M
$7.3M
2007
settled
$6.0M
$7.0M
2008
settled
$7.4M
$8.2M
2009
settled
$6.6M
$8.5M
2010
settled
$7.4M
$9.2M
2011
settled
$8.4M
$9.0M
2012
reopened
$7.6M
$9.6M
2013
reopened
$7.5M
$8.8M
2014
settled
$7.4M
$11.0M
2015
reopened
$6.3M
$11.1M
2016
settled
$6.1M
$10.8M
2017
settled
$10.9M
$11.8M
2018
settled
$10.6M
$12.6M
2019
reopened
$11.9M
$13.3M
2020
settled
$7.5M
$12.3M
2021
settled
$8.4M
$12.3M
2022
settled
$9.4M
$13.9M
2023
reopened
$7.7M
$14.2M
2024
as submitted
$10.5M
$15.3M
2025
settled
$6.1M
$8.4M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Stephens Memorial Hospital20$6,125,520$8,358,046−36.4%
Baylor Scott & White Surgical Hospital - Las Colinas, Irving20$73,209,836$49,903,88831.8%
Covenant Hospital Levelland, Levelland21$25,224,466$31,931,112−26.6%
Medical Arts Hospital, Lamesa21$16,814,594$21,512,368−27.9%
Methodist Southlake Medical Center, Southlake22$57,703,525$71,405,506−23.8%
Baylor Scott & White Texas Spine & Joint Hospital, Tyler20$182,163,495$114,138,34837.3%

Patients and payers

Discharges
61
S-3 line 14, col 15
Inpatient days
666
S-3 line 14, col 8
Beds in use, on an average day
3.5
days ÷ days in year
Occupancy
17.6%
days ÷ bed days
Medicare share of days
59.0%
S-3 cols 6 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 450498. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read December 5, 2025.