Hospital · Short-term acute hospital
Who owns AHS Sherman Medical Center?
500 N Highland Avenue · Sherman, TX · 75092
Overview
AHS Sherman Medical Center is a short-term acute hospital in Sherman, Texas, operated by American Healthcare Systems. Grayson County has 5 hospitals, 9 nursing homes and 5 urgent care centers.
Ownership
AHS Sherman Medical Center is operated by American Healthcare Systems.
- Operator
- American Healthcare Systems
- Owner group
- American Healthcare Systems
- Ownership type
- Private For Profit
- Sources
- CMS Hospital All Owners · 2026-09-29
- Other published source · 2024
Ownership history
Every dated change of operator and owner for AHS Sherman Medical Center, with the source for each.
Full ownership tree of American Healthcare Systems
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $47.7M |
| Operating expenses | $38.6M |
| Net income | $9.1M |
| Net income as a share of net patient revenue | 19.2% |
| Uncompensated care cost | $1.8M |
| Charity care cost | $230K |
| Medicare disproportionate share percentage | 5.0% |
Payer mix by inpatient days (2024)
- Commercial and other 70.8%
- Medicare 28.8%
- Medicaid 0.4%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 47 | $14K |
| Heart failure and shock with MCC · 291 | 27 | $9K |
| Acute myocardial infarction, discharged alive with MCC · 280 | 26 | $11K |
| Simple pneumonia and pleurisy with MCC · 193 | 13 | $10K |
| Gastrointestinal hemorrhage with CC · 378 | 12 | $7K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Comprehensive Observation Services · 8011 | 78 |
| Level 1 Endovascular Procedures · 5191 | 15 |
| Level 3 Endovascular Procedures · 5193 | 14 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 500 N Highland Avenue · Sherman, TX · 75092
- County
- Grayson County
- State
- Texas
2 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Carrus Behavioral Hospital | Sherman | 2.3 mi |
| Carrus Rehabilitation Hospital | Sherman | 2.4 mi |
| Carrus Specialty Hospital | Sherman | 2.4 mi |
| Baylor Scott And White Surgical Hospital At Sherma | Sherman | 2.9 mi |
| Tmc- Bonham Hospital | Bonham | 26.6 mi |
| Baylor Scott And White Medical Center Mckinney | Mc Kinney | 29.2 mi |
Sources and identifiers
- Operator: CMS Hospital All Owners · Other published source
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 450469
- NPI
- 1598545345
- Last confirmed
- 2026-10-23
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