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Guadalupe Regional Medical Center presents FY2025 budget and $14M community benefit
Summary
Representatives from Guadalupe Regional Medical Center presented high-level FY2025 budget figures and community-benefit numbers to Seguin City Council, reporting $14 million in community benefit (about $8M charity care and $6M prescription assistance) and summarizing staffing, volumes and a $10M state grant for a medical office building.
Guadalupe Regional Medical Center officials briefed the Seguin City Council on the hospital's fiscal year 2025 budget and community benefits, saying the facility continues to operate at scale while expanding services.
Dr. Lee, speaking for the hospital, said the community benefit total was $14,000,000, including $8,000,000 in charity care and $6,000,000 for a prescription assistance program that helps patients afford medications. He described the hospital as having roughly 900 staff members, about 700 births a year, 33,000 emergency visits, and nearly 10,000 surgeries annually.
Hospital finance staff presented a high-level budget comparison of 2024 actuals to the 2025 budget. They reported gross revenue increases that translate to roughly $8,000,000 in net patient-service revenue after contractual adjustments, with total revenue projected just under $150,000,000 and a budgeted net income approximately $2,000,000 higher than 2024 results. They noted operating expense increases — salaries, supplies and depreciation — that reduce but do not eliminate the projected operating gain.
Dr. Lee highlighted recent capital and program developments, including a new cath lab, enhanced cardiac and pulmonary rehab services, and a women's center. He also credited Elaine Bennett and State Senator Zaffirini for securing a $10,000,000 state grant to build an additional medical office building; a groundbreaking for that medical office was announced for the following morning.
Council members thanked the hospital representatives for the annual report and offered no substantive policy action; the presentation was informational. The hospital indicated the budget and supporting details were available in the distributed materials and that staff would answer follow-up questions if needed. The council moved on to the remainder of the posted agenda.
