Velarion Records

Critical access hospital · Big Lake, Texas · 7 beds · CMS certification number 451301

Reagan Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, amended, stamped by CMS March 16, 2026. 26 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$9.4M
$9,423,576 · G-3 line 3
Operating expenses
$19.3M
$19,326,956 · G-3 line 4
Result from patient care
−$9.9M
−$9,903,380 · G-3 line 5
Margin on patient care
−105.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $626K in its first year on file (2000) to $9.4M in 2025.
  • Its result from patient care: −$9.8M (2023), −$10.8M (2024), −$9.9M (2025).
  • All 5 critical access 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.

26 years of filings

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

Net patient revenueOperating expenses
2000
settled with audit
$626K
$1.7M
2001
settled
$1.1M
$1.7M
2002
settled
$771K
$1.9M
2003
settled
$1.1M
$1.9M
2004
settled
$930K
$1.9M
2005
settled
$1.1M
$2.0M
2006
settled
$1.8M
$2.3M
2007
settled
$486K
$2.5M
2008
reopened
$486K
$2.8M
2009
settled
$344K
$2.6M
2010
reopened
$1.8M
$4.4M
2011
settled
$3.8M
$6.5M
2012
reopened
$3.3M
$6.5M
2013
settled
$4.1M
$8.3M
2014
settled
$3.4M
$9.2M
2015
settled
$3.1M
$11.0M
2016
settled
$4.9M
$9.4M
2017
settled
$8.3M
$14.0M
2018
settled
$4.9M
$15.1M
2019
settled
$6.8M
$15.8M
2020
settled
$5.6M
$17.1M
2021
settled
$5.3M
$14.5M
2022
settled
$7.1M
$15.5M
2023
settled
$7.9M
$17.7M
2024
settled
$8.3M
$19.2M
2025
amended
$9.4M
$19.3M

Beside its peers

Critical access hospitals in Texas with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Reagan Memorial Hospital7$9,423,576$19,326,956−105.1%
Fisher County Hospital District, Rotan10$8,651,750$12,911,124−49.2%
Haskell Memorial Hospital, Haskell12$8,803,183$13,640,595−54.9%
General Hospital, Iraan12$3,877,815$10,423,093−168.8%
Lillian M. Hudspeth Memorial Hospital, Sonora11$10,570,911$13,952,814−32.0%
North Runnels Hospital District, Winters12$7,440,571$8,791,386−18.1%

Patients and payers

Discharges
9
S-3 line 14, col 15
Inpatient days
207
S-3 line 14, col 8
Beds in use, on an average day
0.6
days ÷ days in year
Occupancy
8.1%
days ÷ bed days
Medicare share of days
32.9%
S-3 cols 6 ÷ 8

Who owns it

Type of control on its cost report: governmental, hospital district.

Follow this hospital, free

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

More critical access 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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 451301. 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 March 16, 2026.