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Long-term care hospital · The Woodlands, Texas · 37 beds · CMS certification number 452057

Nexus Specialty Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2023, settled, stamped by CMS February 7, 2025. 26 years on file, every one shown below.

Fiscal 2023 at a glance

Net patient revenue
$23.1M
$23,122,805 · G-3 line 3
Operating expenses
$24.6M
$24,604,554 · G-3 line 4
Result from patient care
−$1.5M
−$1,481,749 · G-3 line 5
Margin on patient care
−6.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.3M in its first year on file (1998) to $23.1M in 2023.
  • Its result from patient care: −$194K (2021), −$189K (2022), −$1.5M (2023).
  • All 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2023.

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
1998
as submitted
$4.3M
$3.0M
1999
settled
$4.2M
$3.6M
2000
reopened
$5.0M
$3.4M
2001
reopened
$5.2M
$3.3M
2002
reopened
$4.7M
$3.8M
2003
settled
$5.1M
$3.8M
2004
settled
$6.1M
$4.3M
2005
settled
$22.8M
$6.7M
2006
settled
$21.5M
$19.0M
2007
settled with audit
$23.2M
$21.2M
2008
reopened
$34.4M
$21.4M
2009
settled
$26.6M
$25.9M
2010
settled
$28.5M
$26.0M
2011
settled
$26.7M
$25.8M
2012
settled
$29.0M
$27.8M
2013
settled
$29.3M
$27.7M
2014
settled
$25.6M
$26.1M
2015
settled
$32.7M
$28.9M
2016
reopened
$26.7M
$27.3M
2017
settled
$20.2M
$24.9M
2018
settled
$18.4M
$21.9M
2019
settled
$21.9M
$23.5M
2020
settled
$23.7M
$24.0M
2021
settled
$27.6M
$27.8M
2022
settled
$29.0M
$29.2M
2023
settled
$23.1M
$24.6M

Beside its peers

Long-term care hospitals in Texas with 25 to 49 beds, each on fiscal year 2023.

HospitalBedsNet patient revenueOperating expensesMargin
Nexus Specialty Hospital37$23,122,805$24,604,554−6.4%
Carrus Specialty Hospital, Sherman33$15,060,059$15,625,304−3.8%
CHRISTUS Dubuis Hospital of, Beaumont33$9,627,195$10,186,458−5.8%
Houston Medical Center-AMG Specialty Hospital, Houston39$21,216,333$21,831,604−2.9%
Laredo Specialty Hospital, Laredo40$10,570,660$12,332,360−16.7%
Mesquite Specialty Hospital, Mesquite40$13,056,247$16,389,610−25.5%

Patients and payers

Discharges
353
S-3 line 14, col 15
Inpatient days
10,434
S-3 line 14, col 8
Beds in use, on an average day
28.7
days ÷ days in year
Occupancy
77.3%
days ÷ bed days
Medicare share of days
30.9%
S-3 cols 6 ÷ 8

Who owns it

Related organizations on its own cost report: NEXUS HEALTH SY, hospital system.

Type of control on its cost report: proprietary, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2022.ZIP, form CMS-2552-10, filed under CMS certification number 452057. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2022.ZIP, read February 7, 2025.