Velarion Records

Short-term acute care hospital · Fort Worth, Texas · 446 beds · CMS certification number 450039

JPS Health Network

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, amended, stamped by CMS September 9, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$871.6M
$871,624,368 · G-3 line 3
Operating expenses
$1.6B
$1,583,911,536 · G-3 line 4
Result from patient care
−$712.3M
−$712,287,168 · G-3 line 5
Margin on patient care
−81.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $67.9M in its first year on file (1996) to $871.6M in 2025.
  • Its result from patient care: −$691.9M (2023), −$676.7M (2024), −$712.3M (2025).
  • 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 2025.
  • Medicaid paid for 22.9% of its inpatient days and Medicare for 9.3%.
  • TARRANT COUNTY HOSPITAL DISTRICT holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$67.9M
$197.1M
1997
reopened
$69.3M
$205.6M
1998
reopened
$72.8M
$214.0M
1999
reopened
$75.7M
$238.2M
2000
reopened
$70.3M
$243.4M
2001
reopened
$74.7M
$263.7M
2002
reopened
$94.3M
$304.8M
2003
reopened
$115.3M
$331.9M
2004
as submitted
$125.3M
$358.9M
2005
reopened
$144.5M
$406.9M
2006
reopened
$168.3M
$457.3M
2007
reopened
$198.7M
$498.1M
2008
reopened
$191.0M
$575.7M
2009
reopened
$213.8M
$651.1M
2010
reopened
$233.1M
$646.7M
2011
reopened
$327.3M
$656.2M
2012
reopened
$235.9M
$665.7M
2013
reopened
$242.3M
$717.1M
2014
settled
$285.2M
$768.7M
2015
reopened
$557.7M
$799.3M
2016
reopened
$353.1M
$849.8M
2017
reopened
$356.8M
$901.9M
2018
reopened
$407.8M
$967.9M
2019
reopened
$419.4M
$1.0B
2020
reopened
$436.5M
$1.1B
2021
settled
$593.8M
$1.1B
2022
settled with audit
$608.0M
$1.3B
2023
settled
$692.0M
$1.4B
2024
amended
$795.0M
$1.5B
2025
amended
$871.6M
$1.6B

Beside its peers

Short-term acute care hospitals in Texas with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
JPS Health Network446$871,624,368$1,583,911,536−81.7%
Baylor Scott & White All Saints Medical Center - Fort Worth, Fort Worth457$652,543,839$569,635,01612.7%
Covenant Medical Center, Lubbock439$544,590,997$633,600,056−16.3%
Memorial Hermann Memorial City Medical Center, Housston444$702,369,238$717,102,721−2.1%
St. David's North Austin Medical Center, Austin469$761,060,612$529,317,26830.4%
University Medical Center, Lubbock458$882,429,319$1,109,115,023−25.7%

Patients and payers

Discharges
27,164
S-3 line 14, col 15
Inpatient days
148,505
S-3 line 14, col 8
Beds in use, on an average day
408.0
days ÷ days in year
Occupancy
91.2%
days ÷ bed days
Medicare share of days
9.3%
S-3 cols 6 ÷ 8
Medicaid share of days
22.9%
S-3 cols 7 ÷ 8

Who owns it

  • TARRANT COUNTY HOSPITAL DISTRICT100%

Related organizations on its own cost report: ACCLAIM PHYSICI, physician group.

Type of control on its cost report: governmental, hospital district.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 450039. 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 September 9, 2026.