Velarion Records

Long-term care hospital · Midland, Texas · 29 beds · CMS certification number 452084

SSH - Midland

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2013, settled, stamped by CMS May 2, 2018. Ten years on file, every one shown below.

Fiscal 2013 at a glance

Net patient revenue
$9.9M
$9,943,976 · G-3 line 3
Operating expenses
$9.5M
$9,521,462 · G-3 line 4
Result from patient care
$423K
$422,514 · G-3 line 5
Margin on patient care
4.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.7M in its first year on file (2004) to $9.9M in 2013.
  • Its result from patient care: $1.1M (2011), $1.8M (2012), $423K (2013).
  • 3 of the 5 long-term care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2013.

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

Ten years of filings

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

Net patient revenueOperating expenses
2004
settled
$7.7M
$6.1M
2005
settled
$8.1M
$6.3M
2006
settled
$7.6M
$6.2M
2007
settled
$9.4M
$7.5M
2008
settled
$11.3M
$8.2M
2009
reopened
$9.3M
$7.6M
2010
settled
$8.5M
$7.4M
2011
settled
$8.1M
$7.1M
2012
settled
$9.5M
$7.7M
2013
settled
$9.9M
$9.5M

Beside its peers

Long-term care hospitals in Texas with 25 to 49 beds, each on fiscal year 2013.

HospitalBedsNet patient revenueOperating expensesMargin
SSH - Midland29$9,943,976$9,521,4624.3%
Acuity Hospital of South Texas, San Antonio30$14,496,551$15,202,982−4.9%
Harbor Hospital of SE Texas, Beaumont30$12,492,454$11,878,3124.9%
Llano Specialty Hospital, Lubbock30$4,794,012$6,726,345−40.3%
Memorial Specialty Hospital, Lufkin26$12,474,210$9,484,33624.0%
Pam Specialty Hospital of San Antonio, San Antonio26$9,524,611$8,316,21912.7%

Patients and payers

Discharges
301
S-3 line 14, col 15
Inpatient days
7,736
S-3 line 14, col 8
Beds in use, on an average day
21.3
days ÷ days in year
Occupancy
73.1%
days ÷ bed days
Medicare share of days
74.0%
S-3 cols 6 ÷ 8

Who owns it

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

Follow this hospital, free

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

More long-term care 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 HOSP10FY2012.ZIP, form CMS-2552-10, filed under CMS certification number 452084. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2012.ZIP, read May 2, 2018.