Velarion Records

Rehabilitation hospital · Lubbock, Texas · 92 beds · CMS certification number 673070

South Plains Rehabilitation Hospital an Affiliate of Umc and Encompass

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2025, as submitted, stamped by CMS December 22, 2025. Six years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$39.3M
$39,275,576 · G-3 line 3
Operating expenses
$33.5M
$33,497,333 · G-3 line 4
Result from patient care
$5.8M
$5,778,243 · G-3 line 5
Margin on patient care
14.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $22.5M in its first year on file (2020) to $39.3M in 2025.
  • Its result from patient care: $6.8M (2023), $7.8M (2024), $5.8M (2025).
  • 4 of the 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • ENCOMPASS HEALTH CORPORATION holds 50% of it, on its Medicare enrollment.

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

Six years of filings

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

Net patient revenueOperating expenses
2020
reopened
$22.5M
$20.1M
2021
settled
$22.5M
$19.4M
2022
settled
$31.5M
$24.6M
2023
settled
$36.4M
$29.6M
2024
settled
$38.9M
$31.1M
2025
as submitted
$39.3M
$33.5M

Beside its peers

Rehabilitation hospitals in Texas with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
South Plains Rehabilitation Hospital an Affiliate of Umc and Encompass92$39,275,576$33,497,33314.7%
Baylor Scott & White Institute for Rehabilitation, Dallas92$186,132,697$200,094,728−7.5%
CHRISTUS Trinity Mother Frances Rehabilitation Hospital, A Partner of, Tyler94$51,614,008$37,844,99926.7%
Encompass Health Rehabilitation Hospital of Arlington, Arlington85$35,945,065$33,952,0225.5%
Encompass Health Rehabilitation Hospital of Wichita Falls, Wichita Falls84$43,658,527$29,694,66432.0%
Trustpoint Rehabilitation Hospital of Lubbock, Lubbock93$44,846,310$39,518,89611.9%

Patients and payers

Discharges
1,880
S-3 line 14, col 15
Inpatient days
23,289
S-3 line 14, col 8
Beds in use, on an average day
64.0
days ÷ days in year
Occupancy
83.8%
days ÷ bed days
Medicare share of days
63.3%
S-3 cols 6 ÷ 8

Who owns it

  • ENCOMPASS HEALTH CORPORATION50%
  • ENCOMPASS HEALTH JOINT VENTURES HOLDINGS, LLC50%
  • ENCOMPASS HEALTH LUBBOCK HOLDINGS LLC50%
  • LUBBOCK COUNTY HOSPITAL DISTRICT50%
  • VANGUARD GROUP INC5%

Related organizations on its own cost report: ENCOMPASS HEALT, healthcare; UMC HEALTH SYST, healthcare.

Other hospitals with the same owner: Encompass Health Lakeshore Rehabilitation Hospital (AL), Encompass Health Rehabilitation Hospital of Montgomery (AL), Encompass Health Rehabilitation Hospital of North Alabama (AL), Encompass Health Rehabilitation Hospital of Dothan (AL), Encompass Health Rehabilitation Hospital of Shelby County (AL), Encompass Health Rehabilitation Hospital of Gadsden (AL), Rehabilitation Hospital of Phenix City (AL), Encompass Health Rehabilitation Hospital of Scottsdale (AZ), Encompass Health Rehabilitation Institute of Tucson (AZ), Encompass Health Rehabilitation Hospital of Northwest Tucson (AZ), Encompass Health Valley of the Sun Rehabilitation Hospital (AZ), Yuma Rehabilitation Hospital, an Affiliation of Encompass Health and Y (AZ).

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 rehabilitation 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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 673070. 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 HOSP10FY2024.ZIP, read December 22, 2025.