Velarion Records

Short-term acute care hospital · Houston, Texas · 181 beds · CMS certification number 450716

Cypress Fairbanks Medical Center

Latest filing: fiscal year ended April 17, 2019, reopened, stamped by CMS January 16, 2024. 24 years on file, all shown below.

Fiscal 2019 at a glance

Net patient revenue $67.4M $67,391,537 · G-3 line 3
Operating expenses $148.5M $148,493,910 · G-3 line 4
Result from patient care −$81.1M −$81,102,373 · G-3 line 5
Margin on patient care −120.3% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $63.5M in its first year on file (1996) to $67.4M in 2019.
  • Its result from patient care: $9.5M (2017), −$42.0M (2018), −$81.1M (2019).
  • 2 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 2019.

How these statements are drawn

24 years of filings

Net patient revenueOperating expenses

1996 settled margin 22.1% $63.5M $49.5M

1997 reopened margin 56.5% $107.4M $46.7M

1998 reopened margin 24.9% $60.0M $45.1M

1999 reopened margin 10.3% $65.2M $58.5M

2000 settled margin 5.9% $70.2M $66.1M

2001 settled with audit margin 13.3% $86.8M $75.3M

2002 reopened margin 3.5% $94.4M $91.2M

2003 settled margin −9.6% $84.1M $92.2M

2004 reopened margin −10.9% $86.9M $96.3M

2005 reopened margin −7.2% $97.4M $104.4M

2006 reopened margin 5.2% $109.6M $103.9M

2007 reopened margin 1.5% $101.8M $100.3M

2008 reopened margin 9.5% $116.2M $105.1M

2009 reopened margin 18.6% $134.0M $109.1M

2010 reopened margin 18.9% $133.8M $108.5M

2011 reopened margin 18.6% $139.5M $113.6M

2012 reopened margin 18.8% $147.4M $119.7M

2013 reopened margin 15.6% $156.0M $131.7M

2014 reopened margin 12.1% $164.0M $144.1M

2015 reopened margin 18.3% $191.4M $156.5M

2016 reopened margin 14.4% $188.6M $161.4M

2017 reopened margin 9.2% $102.5M $93.0M

2018 settled margin −29.4% $143.1M $185.1M

2019 reopened margin −120.3% $67.4M $148.5M

Beside its peers

Short-term acute care hospitals in Texas with 100 to 199 beds, fiscal year 2019.

Hospital Beds Net patient revenue Operating expenses Margin

Cypress Fairbanks Medical Center 181 $67,391,537 $148,493,910 −120.3%

The Hospitals of Providence East Campus, El Paso 182 $279,603,926 $221,243,472 20.9%

Houston Methodist Clear Lake Hospital, Nassau Bay 178 $200,092,316 $169,071,121 15.5%

Baylor Scott & White Medical Center - Round Rock, Round Rock 178 $493,691,988 $450,463,977 8.8%

Medical Center of South East Texas, Port Arthur 185 $130,329,109 $135,065,454 −3.6%

Wadley Regional Medical Center, Texarkana 185 $96,330,369 $101,414,310 −5.3%

Follow Cypress Fairbanks Medical Center, free

More short-term acute care hospitals in Texas

File HOSP10FY2018.ZIP, form CMS-2552-10, CMS certification number 450716.

How this page was built: the CMS Medicare cost report, file HOSP10FY2018.ZIP, read January 16, 2024.