Long-Term Care Hospital

Laredo Specialty Hospital

Ernest Health · Laredo, TX

2005 Bustamente Street, Laredo, TX 780419567535353

Beds

189

Inpatient discharges a year

$5.8M

Net patient revenue a year

Laredo Specialty Hospital main view — Photo 1: Billy Hathorn, CC BY-SA 3.0, via Wikimedia Commons · Photo 2: Public domain (USGS NAIP, CONUS), via USGS National Map / USDA NAIP

Laredo Specialty Hospital aerial view — Photo 1: Billy Hathorn, CC BY-SA 3.0, via Wikimedia Commons · Photo 2: Public domain (USGS NAIP, CONUS), via USGS National Map / USDA NAIP

About this hospital

Laredo Specialty Hospital is a 40-bed hospital in Laredo, TX, affiliated with Ernest Health.

CCN: 452096
NPI: 1316992878
Health system: Ernest Health
Medicare contractor: Jurisdiction H, Novitas Solutions (04011)

Negotiated Rates

The data below comes from CMS-mandated price transparency data. Learn more.

Book a call about hospital compliance MRFs

No contract information available for this hospital.

Contract data may be available through direct hospital inquiry.

Insurance Accepted

Acceptance varies by plan and service. Confirm coverage with your insurer or the hospital's billing department.

More about this hospital

Doctors and services
14 services
See doctors and services
Finances
$5.8M net patient revenue
- Operating margin on patient care -96.1%
- -$5.2M net income
See finances

Location

2005 Bustamente Street, Laredo, TX 78041

9567535353

Get directions

Accreditation and services

14 services at Laredo Specialty Hospital

Intensive care: Surgical ICU (Medical Surgical Intensive Care Unit)Surgical ICU (Surgical Intensive Care Unit)
Surgery: Inpatient Surgical
Imaging: CT ScanDiagnostic RadiologyMRI (Magnetic Resonance Imaging)
Women and children: Clinical Laboratory
Rehabilitation and therapy: CARF Inpatient Rehabilitation (Commission On Accreditation Of Rehabilitation Facilities Inpatient Rehabilitation)OT (Occupational Therapy)PT (Physical Therapy)Respiratory CareSpeech Pathology
Other services: Dietary CarePharmacy

Source: CMS Provider of Services file, as reported by the hospital and state surveyors.

Size and patient volume

What Laredo Specialty Hospital reported to Medicare in its latest cost report, covering Feb 1, 2024 to Jan 31, 2025.

189
Inpatient discharges
Medicare 37%, Medicaid n/a
4,019
Inpatient days
27% of available bed days used
82
Employees (full-time equivalent)

Source: CMS cost report (HCRIS) (report 815059). Figures cover the reporting period, which is not always 12 months, and are self-reported.

Utilization by payer and unit

Inpatient days and discharges Laredo Specialty Hospital reported by payer. Medicare and Medicaid include their managed care plans, shown separately below.

	Medicare	Medicaid	Other	Total
Inpatient days	1,657	0	2,362	4,019
Discharges	70	0	119	189
Average length of stay	23.7 days		19.8 days	21.3 days
Average daily census	4.5	0.0	6.5	11.0

1,023
Medicare Advantage days
48 discharges

Beds and days by unit

Unit	Beds	Inpatient days	Medicare days	Occupancy
Adults & pediatrics	40	4,019	1,657	27%

Source: CMS cost report (HCRIS, Form 2552-10), report 815059, as submitted. Hospitals report these figures themselves; they are not audited financial statements. Worksheet S-3 Part I.

Income statement

Revenue, expenses and income Laredo Specialty Hospital reported to Medicare for Feb 1, 2024 to Jan 31, 2025. Percentages are of net patient revenue.

Line	Amount	Share
Gross patient revenue (charges)	$18.8M	326.4%
Inpatient	$18.8M	326.4%
Contractual allowances and discounts	-$13M	-226.4%
Net patient revenue	$5.8M	100.0%
Operating expenses	-$11.3M	-196.1%
Operating income from patient care	-$5.5M	-96.1%
Other income	$349,282	6.1%
Investment income	$2,987	0.1%
Other	$346,295	6.0%
Net income	-$5.2M	-90.1%

Gross revenue by payer

Line	Amount	Share
Traditional Medicare	$3.3M	17.5%
Other payers and self-pay	$15.5M	82.5%
Total charges	$18.8M	100.0%

Source: CMS cost report (HCRIS, Form 2552-10), report 815059, as submitted. Hospitals report these figures themselves; they are not audited financial statements. Traditional Medicare is the program charges on Worksheets D-3 and D Part V; Medicaid is from Worksheet S-10.

Financial ratios

Computed from Laredo Specialty Hospital's latest cost report.

-96.1%
Operating margin
Operating income from patient care / net patient revenue
-84.9%
Total margin
Net income / net patient revenue plus other income
-34.2%
EBITDAR margin
Net income before interest, depreciation and leases (Worksheet A-7), / total revenue
34% of expenses
Personnel costs
Salaries, direct-care contract labor and core wage-related costs / operating expenses
-1.1%
Return on assets
Net income for a year / total assets
0.00
Current ratio
Current assets / current liabilities
0.00
Quick ratio
Cash, temporary investments and net receivables / current liabilities
0 days
Days cash on hand
Cash and temporary investments / daily operating expenses excluding depreciation
30 days
Days in patient receivables
Net patient receivables / daily net patient revenue
16685 days
Average payment period
Current liabilities / daily operating expenses excluding depreciation
0.01
Asset turnover
Total revenue for a year / total assets
23.6 years
Average age of plant
Accumulated depreciation / depreciation for a year

Source: CMS cost report (HCRIS, Form 2552-10), report 815059, as submitted. Hospitals report these figures themselves; they are not audited financial statements.

Balance sheet

What Laredo Specialty Hospital owned and owed at the end of its reporting period (Jan 2025), across all fund types: $468.1M in total assets and a -$36.5M fund balance.

Show the balance sheet

Line	Amount	Of total assets
Cash and temporary investments	-$10,693	-0.0%
Patient receivables, net	$465,316	0.1%
Inventory	$301,467	0.1%
Total current assets	$484,477	0.1%
Property and equipment, net of depreciation	$12.9M	2.8%
Investments and other assets	$454.7M	97.1%
Total assets	$468.1M	100.0%
Current liabilities	$492.5M	105.2%
Total liabilities	$504.6M	107.8%
Fund balance (net assets)	-$36.5M	-7.8%

Source: CMS cost report (HCRIS, Form 2552-10), report 815059, as submitted. Hospitals report these figures themselves; they are not audited financial statements.

Financial trend

Laredo Specialty Hospital's full-year cost reports, by fiscal year end. Reports shorter than ten months are left out.

Show 6 years

Fiscal year ending	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Net patient revenue	$13.1M	$12.8M	$11.6M	$10.6M	$8.6M	$5.8M
Operating expenses	$14.8M	$14M	$13.2M	$12.3M	$11.9M	$11.3M
Operating margin	-12.6%	-9.7%	-14.3%	-16.7%	-38.5%	-96.1%
Net income	-$1.2M	-$496,578	-$121,398	-$990,378	-$2.8M	-$5.2M
Total assets	$309.6M	$334.5M	$383.1M	$434.4M	$453.4M	$468.1M
Discharges	401	387	315	273	273	189
Inpatient days	9,029	7,502	6,876	6,260	5,429	4,019
Medicare Advantage days	521	913	1,154	884	848	1,023
Beds	40	40	40	40	40	40
Employees (FTE)	113	95	89	90	91	82

Source: CMS cost report (HCRIS, Form 2552-10), report 815059, as submitted. Hospitals report these figures themselves; they are not audited financial statements.

Departments

Each cost center Laredo Specialty Hospital reports, largest first. Total cost includes its share of overhead; the cost-to-charge ratio is total cost / charges.

Show all 23 departments

Ancillary and outpatient departments

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Drugs charged to patients	$103,102	$726,482	$2.9M	0.25	899
Respiratory therapy	$318,157	$717,609	$1.3M	0.55	578
Medical supplies charged to patient	$19,383	$364,551	$1.3M	0.29	1,671
Physical therapy	$30,309	$316,394	$125,650	2.52	2,415
Laboratory		$312,592	$1.1M	0.29	213
Occupational therapy	$22,108	$294,238	$141,160	2.08	2,303
Renal dialysis		$279,416	$506,250	0.55	334
Other ancillary service cost center		$144,667	$799,188	0.18
Radiology-diagnostic	$14,212	$142,467	$556,665	0.26	488
Speech pathology	$8,391	$42,162	$39,455	1.07	204
Ct scan		$3,279	$25,690	0.13
Mri		$727	$5,733	0.13

Inpatient units

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Adults & pediatrics	$1.6M	$7M	$10M	0.70	25,433

Overhead (general service) departments

Department	Salaries	Direct cost	Square feet
Cap rel costs-bldg & fixt		$3.2M	56,943
Administrative & general	$651,990	$2.8M	5,359
Employee benefits department	$440,744	$986,264	355
Dietary	$130,615	$553,962	5,129
Operation of plant	$32,407	$466,315	6,968
Nursing administration	$367,877	$391,242	618
Cap rel costs-mvble equip		$291,485
Medical records & library	$58,685	$174,578	345
Housekeeping	$110,767	$174,111	1,374
Laundry & linen service		$61,484

Source: CMS cost report (HCRIS, Form 2552-10), report 815059, as submitted. Hospitals report these figures themselves; they are not audited financial statements. Worksheets A, B-1, C Part I and S-3 Part II.

Frequently asked questions

About Laredo Specialty Hospital's rates and hospital price transparency.

How many patients does Laredo Specialty Hospital admit?

Laredo Specialty Hospital reported 189 inpatient discharges and 4,019 inpatient days from Feb 1, 2024 to Jan 31, 2025.

How many employees does Laredo Specialty Hospital have?

Laredo Specialty Hospital reported 82 full-time-equivalent employees on payroll from Feb 1, 2024 to Jan 31, 2025.

How much revenue does Laredo Specialty Hospital make?

Laredo Specialty Hospital reported $5.8M in net patient revenue on $18.8M of gross charges for Feb 1, 2024 to Jan 31, 2025, an operating margin of -96.1%, and net income of -$5.2M.

What services does Laredo Specialty Hospital offer?

CMS lists 14 services at Laredo Specialty Hospital, including CARF Inpatient Rehabilitation (Commission On Accreditation Of Rehabilitation Facilities Inpatient Rehabilitation), Clinical Laboratory, CT Scan, Diagnostic Radiology, Dietary Care, Inpatient Surgical.

How many beds does Laredo Specialty Hospital have?

Laredo Specialty Hospital has 40 beds, including its psychiatric, rehabilitation and other subprovider units, in its latest Medicare cost report. Facility type: Long-Term Care Hospital.

Where is Laredo Specialty Hospital and what is its phone number?

Laredo Specialty Hospital is located at 2005 Bustamente Street, Laredo, TX 78041. Its main phone number is 9567535353.

What is Laredo Specialty Hospital's CCN (Medicare provider number)?

Laredo Specialty Hospital's CMS Certification Number (CCN), also called its Medicare provider number, is 452096.

What is Laredo Specialty Hospital's NPI number?

The National Provider Identifier (NPI) on file for Laredo Specialty Hospital is 1316992878.

What health system is Laredo Specialty Hospital part of?

Laredo Specialty Hospital is affiliated with Ernest Health.

What is a hospital price transparency MRF?

Under 45 CFR Part 180, every US hospital must publish a machine-readable file of its standard charges, including gross charges, discounted cash prices and payer-specific negotiated rates, in the CMS template format. PayerPrice can help hospitals publish and maintain these files.

For hospital finance and compliance teams

Running price transparency at a hospital like this one?

The data on this page comes from the files hospitals and payers publish. We help hospitals publish theirs correctly, and take a fresh look at their chargemaster.

Compliance MRF

Publish a CMS-compliant machine-readable file

We turn your chargemaster and payer contracts into the CMS template file, then keep it current as rates change.

CMS v3 example: standard_charge_information[0]

{
  "description": "MRI of brain (no contrast)",
  "code_information": [
    { "code": "611", "type": "RC" },
    { "code": "70551", "type": "CPT" }
  ],
  "standard_charges": [{
    "setting": "outpatient",
    "minimum": 250,
    "maximum": 400,
    "gross_charge": 1200,
    "discounted_cash": 1080,
    "payers_information": [
      {
        "payer_name": "Platform Health Insurance",
        "plan_name": "PPO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 400
      },
      {
        "payer_name": "Region Health Insurance",
        "plan_name": "HMO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 250
      }
    ]
  }]
}

CMS template layout, in JSON or CSV
Gross, discounted cash, payer-specific and de-identified min / max charges
cms-hpt.txt file and homepage footer link
Refreshed when your contracts change

Talk to us about your MRF

Chargemaster analysis

Get your chargemaster right for billing and payer contracts

Your chargemaster sets the gross charge on every claim, and many payer contracts base payment on it through percent-of-charge, lesser-of and stop-loss terms. We audit it line by line and show how your charges and negotiated rates compare with peer hospitals before your next negotiation.

What a review covers

CodingPricingPayer contractsCompliance

CPT, HCPCS, revenue code and modifier errors flagged line by line
Missing, duplicate and outdated charge lines identified
Charges set below payer allowables caught before lesser-of clauses cut payment
Revenue impact of charge changes modeled across percent-of-charge and stop-loss terms
Your negotiated rates benchmarked against peer hospitals for the same payers

Talk to us about your chargemaster

About this hospital

Negotiated Rates

Insurance Accepted

More about this hospital

Location

Accreditation and services

14 services at Laredo Specialty Hospital

Size and patient volume

Utilization by payer and unit

Beds and days by unit

Income statement

Gross revenue by payer

Financial ratios

Balance sheet

Financial trend

Departments

Ancillary and outpatient departments

Inpatient units

Overhead (general service) departments

Nearby hospitals

Frequently asked questions

Running price transparency at a hospital like this one?

Publish a CMS-compliant machine-readable file

Get your chargemaster right for billing and payer contracts