Velarion Records

Short-term acute care hospital · Lafayette, Louisiana · 10 beds · CMS certification number 190255

Park Place Surgery Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 23, 2026. 23 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$44.7M
$44,687,337 · G-3 line 3
Operating expenses
$44.9M
$44,941,181 · G-3 line 4
Result from patient care
−$254K
−$253,844 · G-3 line 5
Margin on patient care
−0.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.5M in its first year on file (2003) to $44.7M in 2025.
  • Its result from patient care: $8.2M (2023), $6.6M (2024), −$254K (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 0.8% of its inpatient days and Medicare for 30.8%.
  • OUR LADY OF LOURDES REGIONAL MEDICAL CENTER, INC. holds 50% of it, on its Medicare enrollment.

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

23 years of filings

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

Net patient revenueOperating expenses
2003
settled
$5.5M
$2.6M
2004
settled
$14.5M
$8.4M
2005
settled
$16.6M
$9.8M
2006
settled
$17.6M
$11.0M
2007
reopened
$18.8M
$11.3M
2008
settled
$20.6M
$12.4M
2009
reopened
$18.3M
$13.2M
2010
settled
$20.5M
$13.0M
2011
settled
$22.2M
$14.1M
2012
reopened
$22.9M
$14.6M
2013
settled
$25.0M
$16.6M
2014
settled
$28.4M
$20.8M
2015
settled
$32.9M
$24.7M
2016
settled
$34.2M
$27.2M
2017
settled
$37.4M
$29.9M
2018
settled
$41.0M
$33.0M
2019
settled
$43.7M
$35.0M
2020
settled
$42.3M
$36.2M
2021
settled
$48.0M
$40.8M
2022
settled
$51.6M
$43.7M
2023
settled
$56.3M
$48.0M
2024
settled
$54.7M
$48.2M
2025
as submitted
$44.7M
$44.9M

Beside its peers

Short-term acute care hospitals in Louisiana with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Park Place Surgery Center10$44,687,337$44,941,181−0.6%
Avala, Covington21$72,523,274$61,038,70315.8%
Sterling Surgical Hospital, Slidell10$30,964,576$23,013,08925.7%
Lafayette Surgical Specialty Hospital, Lafayette20$56,224,445$49,911,75011.2%
Monroe Surgical Hospital, Monroe10$22,509,683$29,118,416−29.4%
Surgical Specialty Center of Baton Rouge, Baton Rouge16$60,856,158$50,700,81316.7%

Patients and payers

Discharges
271
S-3 line 14, col 15
Inpatient days
491
S-3 line 14, col 8
Beds in use, on an average day
1.3
days ÷ days in year
Occupancy
13.5%
days ÷ bed days
Medicare share of days
30.8%
S-3 cols 6 ÷ 8
Medicaid share of days
0.8%
S-3 cols 7 ÷ 8

Who owns it

  • OUR LADY OF LOURDES REGIONAL MEDICAL CENTER, INC.50%

Related organizations on its own cost report: PPSH HOLDING L (100%), building rental; DR. S. DELATTE (2%), dr. s. delatte; DR. M. THOMASSE (0%), dr. m. thomasse; DR. J. PUGLIESE (2%), dr. j. pugliese.

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

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Follow this hospital, free

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

More short-term acute care hospitals in Louisiana

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 190255. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 23, 2026.