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Long-term care hospital · Corpus Christi, Texas · 74 beds · CMS certification number 452092

Post Acute Medical Corpus

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 30, 2019, settled, stamped by CMS May 21, 2020. Fifteen years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$10.1M
$10,065,673 · G-3 line 3
Operating expenses
$18.5M
$18,494,028 · G-3 line 4
Result from patient care
−$8.4M
−$8,428,355 · G-3 line 5
Margin on patient care
−83.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $15.7M in its first year on file (2005) to $10.1M in 2019.
  • Its result from patient care: $835K (2017), $57K (2018), −$8.4M (2019).
  • 2 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2019.

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

Fifteen years of filings

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

Net patient revenueOperating expenses
2005
reopened
$15.7M
$14.8M
2006
reopened
$22.5M
$19.9M
2007
settled
$21.9M
$19.9M
2008
settled
$19.0M
$19.6M
2009
reopened
$19.9M
$20.0M
2010
settled
$20.5M
$21.2M
2011
settled
$18.5M
$19.7M
2012
settled
$18.6M
$19.1M
2013
settled
$17.1M
$16.6M
2014
settled
$20.7M
$19.2M
2015
settled
$23.5M
$20.9M
2016
settled
$23.7M
$20.4M
2017
settled
$18.9M
$18.1M
2018
settled
$19.1M
$19.1M
2019
settled
$10.1M
$18.5M

Beside its peers

Long-term care hospitals in Texas with 50 to 99 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
Post Acute Medical Corpus74$10,065,673$18,494,028−83.7%
Kindred Hospital El Paso, El Paso72$21,638,760$21,089,2752.5%
Mid Jefferson Extended Care Hospital, Nederland78$18,384,032$16,603,4189.7%
Nexus Specialty Hospital, The Woodlands85$21,867,622$23,493,259−7.4%
Solara Specialty Hospitals Harlingen, Harlingen82$31,841,342$29,669,7376.8%
Texas Specialty Hospital, Amarillo72$17,931,332$19,703,935−9.9%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2018.ZIP, form CMS-2552-10, filed under CMS certification number 452092.

How this page was built: the CMS Medicare cost report, file HOSP10FY2018.ZIP, read May 21, 2020.