Velarion Records

Short-term acute care hospital · Muscle Shoals, Alabama · 44 beds · CMS certification number 010157

Shoals Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS September 9, 2026. 28 years on file, every one shown below.

Fiscal 2026 at a glance

Net patient revenue
$46.6M
$46,591,221 · G-3 line 3
Operating expenses
$51.1M
$51,096,873 · G-3 line 4
Result from patient care
−$4.5M
−$4,505,652 · G-3 line 5
Margin on patient care
−9.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $17.7M in its first year on file (1999) to $46.6M in 2026.
  • Its result from patient care: −$5.8M (2024), −$5.4M (2025), −$4.5M (2026).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2026.
  • Medicaid paid for 15.9% of its inpatient days and Medicare for 3.8%.
  • DSB ACQUISITION LLC holds 100% of it, on its Medicare enrollment.

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

28 years of filings

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

Net patient revenueOperating expenses
1999
reopened
$17.7M
$17.1M
2000
reopened
$26.5M
$28.5M
2001
settled
$24.1M
$28.0M
2002
settled
$27.6M
$27.8M
2003
settled
$25.2M
$29.0M
2004
reopened
$29.1M
$30.2M
2005
reopened
$44.8M
$31.4M
2006
reopened
$44.8M
$30.9M
2007
reopened
$42.7M
$30.9M
2008
reopened
$42.3M
$29.6M
2009
reopened
$10.5M
$7.5M
2010
reopened
$28.5M
$33.9M
2011
reopened
$24.3M
$27.5M
2012
reopened
$36.0M
$34.5M
2013
reopened
$38.3M
$40.8M
2014
reopened
$34.9M
$36.3M
2015
reopened
$36.0M
$38.9M
2016
reopened
$36.7M
$39.1M
2017
settled
$37.4M
$39.5M
2018
settled
$32.2M
$36.9M
2019
reopened
$31.2M
$31.6M
2020
settled
$32.1M
$33.0M
2021
settled
$28.9M
$29.9M
2022
settled
$29.9M
$33.9M
2023
settled
$31.2M
$35.6M
2024
settled
$39.6M
$45.4M
2025
as submitted
$44.4M
$49.8M
2026
as submitted
$46.6M
$51.1M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Alabama first; each on fiscal year 2026.

HospitalBedsNet patient revenueOperating expensesMargin
Shoals Hospital44$46,591,221$51,096,873−9.7%
Andalusia Health, Andalusia83$55,440,823$59,976,198−8.2%
Decatur Morgan Hospital - Decatur Campus, Decatur331$220,119,683$249,866,451−13.5%
North Baldwin Infirmary, Bay Minette30$196,843,708$171,491,71812.9%
Thomas Hospital, Fairhope168$308,002,887$276,363,69210.3%
Troy Regional Medical Center, Troy38$48,330,868$53,345,501−10.4%

Patients and payers

Discharges
1,863
S-3 line 14, col 15
Inpatient days
9,600
S-3 line 14, col 8
Beds in use, on an average day
26.4
days ÷ days in year
Occupancy
59.8%
days ÷ bed days
Medicare share of days
3.8%
S-3 cols 6 ÷ 8
Medicaid share of days
15.9%
S-3 cols 7 ÷ 8

Who owns it

  • DSB ACQUISITION LLC100%
  • LIFEPOINT HEALTH INC100%
  • RCHP LLC100%
  • REGIONALCARE HOSPITAL PARTNERS LLC100%

Related organizations on its own cost report: LIFEPOINT HEALT, corporation.

Other hospitals with the same owner: North Alabama Medical Center (AL), Canyon Vista Medical Center (AZ), Havasu Regional Medical Center (AZ), Valley View Medical Center (AZ), Dignity Health East Valley Rehabilitation Hospital (AZ), Dignity Health East Valley Rehabilitation Hospital-Gilbert (AZ), Copper Springs - East (AZ), El Dorado Springs (AZ).

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 010157. 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 HOSP10FY2025.ZIP, read September 9, 2026.