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Long-term care hospital · Houston, Texas · 258 beds · CMS certification number 452074

Kindred Hospital Spring

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 16, 2020, reopened, stamped by CMS February 14, 2024. Nineteen years on file, every one shown below.

Fiscal 2020 at a glance

Net patient revenue
$20.1M
$20,138,811 · G-3 line 3
Operating expenses
$32.5M
$32,466,148 · G-3 line 4
Result from patient care
−$12.3M
−$12,327,337 · G-3 line 5
Margin on patient care
−61.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $36.5M in its first year on file (2002) to $20.1M in 2020.
  • Its result from patient care: −$12.2M (2018), −$16.2M (2019), −$12.3M (2020).
  • 4 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2020.

Every statement is drawn from figures on this page; nothing is estimated.

Nineteen years of filings

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

Net patient revenueOperating expenses
2002
as submitted
$36.5M
$35.3M
2003
settled
$60.7M
$60.4M
2004
settled
$34.3M
$32.5M
2005
settled
$29.5M
$30.5M
2006
reopened
$28.2M
$28.6M
2007
reopened
not filed
not filed
2008
settled
$55.4M
$56.0M
2009
settled
$96.1M
$96.8M
2010
settled
$79.3M
$79.9M
2011
settled with audit
$96.3M
$87.4M
2012
settled
$100.9M
$102.9M
2013
settled
$93.5M
$103.9M
2014
reopened
$87.3M
$98.8M
2015
settled
$73.0M
$81.1M
2016
reopened
$85.0M
$85.9M
2017
settled
$79.8M
$90.6M
2018
settled
$76.5M
$88.8M
2019
settled
$64.9M
$81.1M
2020
reopened
$20.1M
$32.5M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Texas first; each on fiscal year 2020.

HospitalBedsNet patient revenueOperating expensesMargin
Kindred Hospital Spring258$20,138,811$32,466,148−61.2%
Houston Methodist Continuing Care Hospital, Katy124$34,764,236$64,757,591−86.3%
Kindred Hospital Houston Medical Center, Houston110$52,500,738$52,695,458−0.4%
Kindred Hospital (Houston NW), Houston158$35,410,831$40,525,453−14.4%
Kindred Hospital Tarrant County, Arlington160$55,452,027$53,295,9203.9%
Lifecare Hospitals of North Texas, Dallas206$65,062,748$65,168,363−0.2%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 452074.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read February 14, 2024.