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Psychiatric hospital · Conroe, Texas · 28 beds · CMS certification number 454112

Aspire Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2013, settled, stamped by CMS October 20, 2015. Four years on file, every one shown below.

Fiscal 2013 at a glance

Net patient revenue
$4.9M
$4,943,004 · G-3 line 3
Operating expenses
$9.1M
$9,089,139 · G-3 line 4
Result from patient care
−$4.1M
−$4,146,135 · G-3 line 5
Margin on patient care
−83.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $525K in its first year on file (2010) to $4.9M in 2013.
  • Its result from patient care: −$1.7M (2011), −$2.2M (2012), −$4.1M (2013).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2013.

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
2010
settled
$525K
$3.1M
2011
settled
$2.7M
$4.5M
2012
settled
$4.4M
$6.7M
2013
settled
$4.9M
$9.1M

Beside its peers

Psychiatric hospitals in Texas with 25 to 49 beds, each on fiscal year 2013.

HospitalBedsNet patient revenueOperating expensesMargin
Aspire Hospital28$4,943,004$9,089,139−83.9%
Carrollton Springs, Carrollton45$8,818,506$9,754,094−10.6%
El Paso Psychiatric Center, El Paso41$2,399,311$19,268,014−703.1%
Oceans Behavioral Hospital of Abilene, Abilene35$525,109$707,622−34.8%
Starcare Specialty Health System/Sunrise Canyon Hospital, Lubbock30$726,649$4,315,605−493.9%
Texas Star Recovery, Austin28$33,632,562$26,441,50321.4%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2013.ZIP, form CMS-2552-10, filed under CMS certification number 454112.

How this page was built: the CMS Medicare cost report, file HOSP10FY2013.ZIP, read October 20, 2015.