Velarion Records

Short-term acute care hospital · Houston, Texas · 12 beds · CMS certification number 670118

First Texas Hospital Cy Fair

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2019, settled, stamped by CMS November 16, 2021. Four years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$63.2M
$63,213,687 · G-3 line 3
Operating expenses
$101.6M
$101,595,561 · G-3 line 4
Result from patient care
−$38.4M
−$38,381,874 · G-3 line 5
Margin on patient care
−60.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $114.2M in its first year on file (2016) to $63.2M in 2019.
  • Its result from patient care: −$66.9M (2017), −$26.3M (2018), −$38.4M (2019).
  • 3 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 2019.

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

Four years of filings

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

Net patient revenueOperating expenses
2016
settled
$114.2M
$104.3M
2017
reopened
$50.8M
$117.6M
2018
as submitted
$83.6M
$109.8M
2019
settled
$63.2M
$101.6M

Beside its peers

Short-term acute care hospitals in Texas with under 25 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
First Texas Hospital Cy Fair12$63,213,687$101,595,561−60.7%
Baytown Medical Center, Baytown14$18,575,516$22,906,750−23.3%
Cornerstone Regional Hospital, Edinburg14$15,219,266$15,583,072−2.4%
Baylor Scott & White Surgical Hospital at Sherman, Sherman12$60,445,737$41,105,75432.0%
Memorial Hermann Surgical Hospital Kingwood, Kingwood10$32,617,867$26,373,26419.1%
Stephens Memorial Hospital, Breckenridge14$11,931,213$13,277,869−11.3%

Follow this hospital, free

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

More short-term acute 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 670118.

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