Velarion Records

Psychiatric hospital · San Marcos, Texas · 24 beds · CMS certification number 454137

Wellbridge San Marcos

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2019, settled, stamped by CMS March 8, 2022. Five years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$4.2M
$4,180,679 · G-3 line 3
Operating expenses
$4.5M
$4,538,750 · G-3 line 4
Result from patient care
−$358K
−$358,071 · G-3 line 5
Margin on patient care
−8.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $385K in its first year on file (2015) to $4.2M in 2019.
  • Its result from patient care: −$445K (2017), −$2.2M (2018), −$358K (2019).
  • 2 of the 5 psychiatric 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.

Five years of filings

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

Net patient revenueOperating expenses
2015
settled
$385K
$1.8M
2016
settled
$5.1M
$5.5M
2017
settled
$5.2M
$5.7M
2018
settled
$2.5M
$4.7M
2019
settled
$4.2M
$4.5M

Beside its peers

Psychiatric hospitals in Texas with under 25 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
Wellbridge San Marcos24$4,180,679$4,538,750−8.6%
Allegiance Behavioral Health Center of Plainview, Plainview20$5,301,741$5,307,129−0.1%
Lone Star Behavioral Health, Cypress, Cypress24$8,145,834$6,278,61222.9%
Oceans Behavioral Hospital of Longview, Longview24$7,775,155$5,885,56324.3%
Oceans Behavioral Hospital of Lufkin, Lufkin24$7,173,596$5,514,55823.1%
Sacred Oak Medical Center, Houston20$2,148,870$4,168,959−94.0%

Follow this hospital, free

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

More psychiatric 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 454137.

How this page was built: the CMS Medicare cost report, file HOSP10FY2019.ZIP, read March 8, 2022.