Short-term acute care hospital · Fort Worth, Texas · 36 beds · CMS certification number 670116
Wise Health System - Parkway
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2023, settled, stamped by CMS July 14, 2026. Eight years on file, every one shown below.
Fiscal 2023 at a glance
What stands out
- Net patient revenue rose from $50.4M in its first year on file (2016) to $265.6M in 2023.
- Its result from patient care: −$22.9M (2021), −$56.0M (2022), −$91.1M (2023).
- 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2023.
Every statement is drawn from figures on this page; nothing is estimated.
Eight years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Short-term acute care hospitals in Texas with 25 to 49 beds, each on fiscal year 2023.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Wise Health System - Parkway | 36 | $265,595,808 | $356,715,093 | −34.3% |
| Childress Regional Medical Center, Childress | 37 | $38,494,390 | $39,488,747 | −2.6% |
| Falls Community Hospital and Clinic, Marlin | 36 | $2,921,251 | $5,062,070 | −73.3% |
| Freestone Medical Center, Fairfield | 37 | $15,954,239 | $20,129,220 | −26.2% |
| North Texas Medical Center, Gainsville | 35 | $41,525,108 | $46,230,813 | −11.3% |
| Legent Orthopedic & Spine Hospital, Pasadena | 37 | $17,783,675 | $16,510,502 | 7.2% |
Patients and payers
- Discharges
- 254S-3 line 14, col 15
- Inpatient days
- 651S-3 line 14, col 8
- Beds in use, on an average day
- 2.0days ÷ days in year
- Occupancy
- 5.4%days ÷ bed days
- Medicare share of days
- 20.4%S-3 cols 6 ÷ 8
Who owns it
Related organizations on its own cost report: DECATUR HOSPITA (100%).
Type of control on its cost report: governmental, city.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2023.ZIP, form CMS-2552-10, filed under CMS certification number 670116. Patients and payers: worksheet S-3 Part I of the same filing.
How this page was built: the CMS Medicare cost report, file HOSP10FY2023.ZIP, read July 14, 2026.