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Long-term care hospital · Laredo, Texas · 40 beds · CMS certification number 452096

Laredo Specialty Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2025, as submitted, stamped by CMS August 28, 2025. Eighteen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$5.8M
$5,762,529 · G-3 line 3
Operating expenses
$11.3M
$11,302,765 · G-3 line 4
Result from patient care
−$5.5M
−$5,540,236 · G-3 line 5
Margin on patient care
−96.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $12.9M in its first year on file (2008) to $5.8M in 2025.
  • Its result from patient care: −$1.8M (2023), −$3.3M (2024), −$5.5M (2025).
  • 3 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.

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

Eighteen years of filings

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

Net patient revenueOperating expenses
2008
settled
$12.9M
$17.8M
2009
settled with audit
$13.0M
$16.3M
2010
as submitted
$15.8M
$15.6M
2011
settled
$17.7M
$17.6M
2012
settled
$18.5M
$16.3M
2013
settled
$17.7M
$17.9M
2014
settled
$16.3M
$18.5M
2015
settled
$17.8M
$19.1M
2016
settled
$18.5M
$20.1M
2017
settled
$16.2M
$20.4M
2018
settled
$14.0M
$16.9M
2019
settled
$13.7M
$16.3M
2020
settled
$13.1M
$14.8M
2021
settled
$12.8M
$14.0M
2022
settled
$11.6M
$13.2M
2023
settled
$10.6M
$12.3M
2024
settled
$8.6M
$11.9M
2025
as submitted
$5.8M
$11.3M

Beside its peers

Long-term care hospitals in Texas with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Laredo Specialty Hospital40$5,762,529$11,302,765−96.1%
Cornerstone Specialty Hospitals Conroe, Conroe41$18,237,744$18,267,974−0.2%
Houston Medical Center-AMG Specialty Hospital, Houston44$17,193,699$19,916,239−15.8%
Lifecare Hospitals of North Texas, Dallas40$24,125,569$23,105,5224.2%
Mesquite Specialty Hospital, Mesquite40$13,817,044$18,273,146−32.3%
Pam Specialty Hospital of Corpus Christi North, Corpus Chrsti43$25,088,277$21,498,52414.3%

Patients and payers

Discharges
189
S-3 line 14, col 15
Inpatient days
4,019
S-3 line 14, col 8
Beds in use, on an average day
11.0
days ÷ days in year
Occupancy
27.5%
days ÷ bed days
Medicare share of days
41.2%
S-3 cols 6 ÷ 8

Who owns it

Related organizations on its own cost report: ERNEST HEALTH, home office; LAREDO REHAB HO, rehab hospital.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 452096. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read August 28, 2025.