Velarion Records

Psychiatric hospital · Longview, Texas · 76 beds · CMS certification number 454143

Magnolia Behavioral Hospt. of E. Te

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 1, 2019, settled, stamped by CMS April 16, 2021. Two years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$2.4M
$2,436,972 · G-3 line 3
Operating expenses
$4.1M
$4,123,345 · G-3 line 4
Result from patient care
−$1.7M
−$1,686,373 · G-3 line 5
Margin on patient care
−69.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.2M in its first year on file (2018) to $2.4M in 2019.
  • Its result from patient care: −$1.7M (2018), −$1.7M (2019).
  • None of the 5 psychiatric hospital peers below with a margin on file reports a loss on patient care for fiscal year 2019.

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

Two years of filings

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

Net patient revenueOperating expenses
2018
settled
$3.2M
$4.9M
2019
settled
$2.4M
$4.1M

Beside its peers

Psychiatric hospitals in Texas with 50 to 99 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
Magnolia Behavioral Hospt. of E. Te76$2,436,972$4,123,345−69.2%
Austin Oaks Hospital, Austin80$15,709,271$15,056,1234.2%
Carrollton Springs, Carrollton78$26,751,379$20,632,24822.9%
El Paso Psychiatric Center, El Paso74$21,267,572$17,154,92019.3%
Mesa Springs, Fort Worth72$24,579,422$21,798,75811.3%
River Crest Hospital, San Angelo80$15,952,432$14,324,23910.2%

Follow this hospital, free

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

More psychiatric 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 454143.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read April 16, 2021.