Velarion Records

Long-term care hospital · Fort Worth, Texas · 67 beds · CMS certification number 452088

Kindred Hospital Fort Worth

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 15, 2020, reopened, stamped by CMS December 9, 2024. Seventeen years on file, every one shown below.

Fiscal 2020 at a glance

Net patient revenue
$9.5M
$9,508,701 · G-3 line 3
Operating expenses
$11.4M
$11,377,115 · G-3 line 4
Result from patient care
−$1.9M
−$1,868,414 · G-3 line 5
Margin on patient care
−19.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $17.7M in its first year on file (2004) to $9.5M in 2020.
  • Its result from patient care: −$2.2M (2018), −$2.5M (2019), −$1.9M (2020).
  • All 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.

Seventeen years of filings

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

Net patient revenueOperating expenses
2004
settled
$17.7M
$16.0M
2005
settled
$27.4M
$23.6M
2006
settled
$28.0M
$24.2M
2007
settled
$25.0M
$25.6M
2008
settled
$21.8M
$23.4M
2009
settled
$21.8M
$23.3M
2010
settled
$21.1M
$23.4M
2011
reopened
$21.1M
$22.1M
2012
reopened
$21.8M
$22.8M
2013
reopened
$25.2M
$23.2M
2014
settled
$24.7M
$24.8M
2015
settled
$23.4M
$24.3M
2016
reopened
$24.8M
$24.0M
2017
settled
$24.7M
$26.0M
2018
reopened
$23.1M
$25.3M
2019
settled
$21.5M
$24.0M
2020
reopened
$9.5M
$11.4M

Beside its peers

Long-term care hospitals in Texas with 50 to 99 beds, each on fiscal year 2020.

HospitalBedsNet patient revenueOperating expensesMargin
Kindred Hospital Fort Worth67$9,508,701$11,377,115−19.7%
Atrium Medical Center, Stafford68$12,881,525$13,652,590−6.0%
Clear Lake-AMG Specialty Hospital, Webster74$32,998,904$33,758,954−2.3%
Kindred Hospital Dallas, Dallas66$7,278,367$9,722,525−33.6%
Kindred Hospital El Paso, El Paso72$21,244,584$21,603,255−1.7%
KPC Promise Hospital of Dallas, Dallas66$6,626,308$7,840,067−18.3%

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 HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 452088.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read December 9, 2024.