Short-term acute care hospital · Palestine, Texas · 78 beds · CMS certification number 450747
Palestine Regional Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 29, 2026. 30 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $33.5M in its first year on file (1996) to $114.2M in 2025.
- Its result from patient care: −$14.0M (2023), $9.9M (2024), $9.1M (2025).
- 2 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 2025.
- Medicaid paid for 0.6% of its inpatient days and Medicare for 7.1%.
- KNIGHT HEALTH HOLDINGS LLC holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
30 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Short-term acute care hospitals in Texas with 50 to 99 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Palestine Regional Medical Center | 78 | $114,184,513 | $105,113,575 | 7.9% |
| CHI St. Luke's Health Brazosport, Lake Jackson | 80 | $106,304,483 | $98,892,934 | 7.0% |
| Huntsville Memorial Hospital, Huntsville | 80 | $91,845,529 | $95,743,217 | −4.2% |
| Lubbock Heart Hospital, Lubbock | 73 | $88,710,883 | $96,093,268 | −8.3% |
| Medical City Las Colinas, Irving | 80 | $131,423,332 | $111,142,409 | 15.4% |
| Shannon Medical Center Big Spring, Big Spring | 75 | $34,105,003 | $44,624,782 | −30.9% |
Patients and payers
- Discharges
- 3,140S-3 line 14, col 15
- Inpatient days
- 26,766S-3 line 14, col 8
- Beds in use, on an average day
- 73.5days ÷ days in year
- Occupancy
- 94.0%days ÷ bed days
- Medicare share of days
- 7.1%S-3 cols 6 ÷ 8
- Medicaid share of days
- 0.6%S-3 cols 7 ÷ 8
Who owns it
- KNIGHT HEALTH HOLDINGS LLC100%
- KNIGHT HEALTH II LLC100%
Indirect owner: KNIGHT HEALTHCARE NEW-B, LLC
Related organizations on its own cost report: KHOLLC (100%), home office; APOLLO (100%), tsa.
Other hospitals with the same owner: Andalusia Health (AL), Vaughan Regional Medical Center (AL), Cornerstone Specialty Hospitals Little Rock (AR), Kindred Hospital - Los Angeles (CA), Kindred Hospital - San Francisco Bay Area (CA), Kindred Hospital Westminster (CA), Kindred Hospital - San Diego (CA), Kindred Hospital - Ontario (CA), Kindred Hospital Brea (CA), Kindred Hospital Baldwin Park (CA), Kindred Hospital Paramount (CA), Kindred Hospital Rancho (CA).
Type of control on its cost report: proprietary, corporation.
Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 450747. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 29, 2026.