Velarion Records

Psychiatric hospital · Longview, Texas · 76 beds · CMS certification number 454143

Magnolia Behavioral Hospt. of E. Te

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 1, 2019, settled, stamped by CMS April 16, 2021. Two years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$2.4M
$2,436,972 · G-3 line 3
Operating expenses
$4.1M
$4,123,345 · G-3 line 4
Result from patient care
−$1.7M
−$1,686,373 · G-3 line 5
Margin on patient care
−69.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $3.2M in its first year on file (2018) to $2.4M in 2019.
  • Its result from patient care: −$1.7M (2018), −$1.7M (2019).
  • None of the 5 psychiatric hospital peers below with a margin on file reports a loss on patient care for fiscal year 2019.

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

Two years of filings

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

Net patient revenueOperating expenses
2018
settled
$3.2M
$4.9M
2019
settled
$2.4M
$4.1M

Beside its peers

Psychiatric hospitals in Texas with 50 to 99 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
Magnolia Behavioral Hospt. of E. Te76$2,436,972$4,123,345−69.2%
Austin Oaks Hospital, Austin80$15,709,271$15,056,1234.2%
Carrollton Springs, Carrollton78$26,751,379$20,632,24822.9%
El Paso Psychiatric Center, El Paso74$21,267,572$17,154,92019.3%
Mesa Springs, Fort Worth72$24,579,422$21,798,75811.3%
River Crest Hospital, San Angelo80$15,952,432$14,324,23910.2%

Follow this hospital, free

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

More psychiatric hospitals in Texas

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2019.ZIP, form CMS-2552-10, filed under CMS certification number 454143.

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