Velarion Records

Public registries, as they were filed.

Record report · CMS certification number 452055

CORNERSTONE SOUTH HOUSTON

HOUSTON, Texas · long-term care hospital

1. Finances, as filed

From this hospital’s Medicare cost report for the year ended 1 February 2020 — a reporting period of 153 days, not a full year.

FigureAs filedWhere it comes from
Total patient revenue$24,183,237CMS-2552-10 worksheet G300000 line 100 column 100
Contractual allowances$18,372,983CMS-2552-10 worksheet G300000 line 200 column 100
Net patient revenue$5,810,254CMS-2552-10 worksheet G300000 line 300 column 100
Total operating expenses$7,362,368CMS-2552-10 worksheet G300000 line 400 column 100
Income from service to patients−$1,552,114CMS-2552-10 worksheet G300000 line 500 column 100
Total facility beds35CMS-2552-10 worksheet S300001 line 1400 column 200

Cost report filed under CMS certification number 452055 for 1 September 2019 to 1 February 2020, settled. The public file it was read from.

2. Five hospitals in Texas of a similar size, for fiscal year 2020

Chosen for having bed counts close to this hospital’s, and listed by name. Not the state’s largest hospitals: a comparison only means something between hospitals of roughly the same size, and only across the same fiscal year. Each figure is that hospital’s own filing; the day each fiscal year ends differs and is shown.

HospitalBedsNet patient revenueTotal operating expensesCharity care, at costUncompensated care, at costPeriod ended
CORNERSTONE SOUTH HOUSTON35$5,810,254$7,362,3681 February 2020
FALLS COMMUNITY HOSPITAL AND CLINIC36$7,414,310$10,421,707$102,064$1,196,97131 August 2020
MEMORIAL HERMANN REHAB HOSP KATY35$25,288,582$41,525,86030 September 2020
NORTH TEXAS MEDICAL CENTER35$40,515,469$39,015,098$3,552,835$5,395,02131 December 2020
UT HEALTH EAST TEXAS JACKSONVILLE35$45,202,680$43,536,440$3,648,489$4,872,36131 October 2020
UT HEALTH EAST TEXAS SPECIALTY HOSPI36$14,638,067$12,925,11830 April 2020

3. Where this hospital sits

A position, not a score: the hospitals are counted, not ranked. Each line names the hospitals the position was taken over.

  • 27thpercentile of 52 hospitals in TX, same facility class, 25 to 49 bedsNet patient revenue

Net patient revenue across every hospital filing for 2020, with this one marked.

This hospital$9,982,836$471,793,030

Middle half between $19,466,368 and $186,790,756, midpoint $52,442,729, across 5,755 hospitals.

  • 27thpercentile of 52 hospitals in TX, same facility class, 25 to 49 bedsTotal operating expenses

Total operating expenses across every hospital filing for 2020, with this one marked.

This hospital$11,663,057$479,767,315

Middle half between $21,113,367 and $191,649,978, midpoint $55,535,264, across 5,897 hospitals.

  • 54thpercentile of 52 hospitals in TX, same facility class, 25 to 49 bedsTotal facility beds

Total facility beds across every hospital filing for 2020, with this one marked.

This hospital20336

Middle half between 25 and 173, midpoint 65, across 5,928 hospitals.

4. Executive compensation and community benefit

Not in this report. Executive pay is filed on IRS Form 990 Part VII and community benefit on its Schedule H, under an employer identification number. Neither the 340B register nor the Medicare cost report carries that number, so nothing on either document identifies the same organization.

Every cost report on file

One row per filing, oldest first until you say otherwise. Every column orders both ways. Reporting periods differ between filings and the length of each is shown, because revenue over three months set beside revenue over twelve is a wrong number that looks right.

22 filings, ordered by Fiscal year
Fiscal year Period ended Days Form Status Beds Net patient revenue Total operating expenses Income from service to patients Charity care, at cost Uncompensated care, at cost Bad debt expense Cost-to-charge ratio Stamped by CMS
19981998-02-28364CMS-2552-96reopened30$6,449,095$6,973,050−$523,9552004-06-28
19991999-02-28364CMS-2552-96settled30$7,737,713$7,856,664−$118,9512001-01-24
20002000-02-29365CMS-2552-96settled with audit30$7,948,265$8,117,165−$168,9002003-03-12
20012001-02-28364CMS-2552-96settled30$6,526,229$7,072,850−$546,6212003-09-10
20022002-02-28364CMS-2552-96as submitted26$5,111,706$6,444,838−$1,333,1322003-03-10
20032003-02-28364CMS-2552-96settled30$7,492,939$7,726,107−$233,1682006-03-22
20042004-02-29365CMS-2552-96settled30$8,951,224$9,242,733−$291,5092006-03-24
20052005-02-28364CMS-2552-96settled30$8,420,125$7,788,353$631,7722006-09-21
20062006-02-28364CMS-2552-96settled30$7,994,550$7,435,446$559,1042006-12-26
20072007-02-28364CMS-2552-96settled30$7,643,121$6,875,470$767,6512008-04-30
20082008-02-29365CMS-2552-96settled30$7,745,271$7,441,780$303,4912009-04-14
20092009-02-28364CMS-2552-96settled30$7,149,524$7,103,154$46,3702010-04-23
20102010-06-30364CMS-2552-96settled30$4,770,993$5,693,821−$922,8282011-12-16
20112011-06-30364CMS-2552-10settled30$4,964,668$5,878,576−$913,9082013-11-05
20122012-12-31365CMS-2552-10settled30$7,755,089$8,640,099−$885,0102014-11-25
20132013-12-31364CMS-2552-10settled35$13,772,535$13,783,871−$11,3362015-11-12
20152015-01-31395CMS-2552-10settled35$15,852,079$15,481,138$370,9412016-11-21
20162016-08-31365CMS-2552-10settled35$13,448,948$13,809,675−$360,7272018-08-21
20172017-08-31364CMS-2552-10settled35$15,639,656$16,875,696−$1,236,0402019-07-30
20182018-08-31364CMS-2552-10settled35$15,899,723$16,999,160−$1,099,4372020-07-17
20192019-08-31364CMS-2552-10settled35$16,135,325$15,719,870$415,4552021-08-05
20202020-02-01153CMS-2552-10settled35$5,810,254$7,362,368−$1,552,1142021-12-23

How to read this report

Every figure above is printed as its source document printed it, with the exact place it came from beside it: the worksheet, line and column of the Medicare cost report this hospital filed under CMS certification number 452055. A reader holding the same public file can go to that cell.

Where this hospital is on the 340B covered-entity register, the registration facts come from the HRSA 340B OPAIS Covered Entity Daily Report. The two documents name the same hospital because they carry the same certification number, not because their names resemble each other.

A figure the hospital’s filing does not carry is left out. A figure whose value the filing’s own arithmetic contradicts is also left out. A year filed as submitted whose figures differ from the prior filing by more than the factor stated on the methodology page is marked beside the figure and left out of the distributions and the peer table until a settled version posts. Nothing here is estimated and nothing is carried in from another year.

No percentage or ratio is calculated anywhere in this report. Charity care and revenue sit in adjacent rows and the reader draws the relation.

Financial figures: CMS Healthcare Cost Report Information System, publication year 2019, file HOSP10FY2019.ZIP. Corrections: hello@velarionrecords.com. Velarion Records takes no position on the 340B Drug Pricing Program or anyone taking part in it.

The full report for CORNERSTONE SOUTH HOUSTON

Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.

← the full cost-report record