Velarion Records

Rehabilitation hospital · Avondale, Arizona · 30 beds · CMS certification number 033046

Clearsky Rehab Hospital of Avondale

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS September 11, 2026. Three years on file, every one shown below.

Fiscal 2026 at a glance

Net patient revenue
$18.0M
$17,965,681 · G-3 line 3
Operating expenses
$16.5M
$16,501,694 · G-3 line 4
Result from patient care
$1.5M
$1,463,987 · G-3 line 5
Margin on patient care
8.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.7M in its first year on file (2024) to $18.0M in 2026.
  • Its result from patient care: −$3.6M (2024), −$292K (2025), $1.5M (2026).
  • 3 of the 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2026.
  • Medicaid paid for 0.4% of its inpatient days and Medicare for 46.4%.
  • CLEARSKY HEALTH ACQUISITION LLC holds 100% of it, on its Medicare enrollment.

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

Three years of filings

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

Net patient revenueOperating expenses
2024
settled
$4.7M
$8.2M
2025
as submitted
$14.4M
$14.7M
2026
as submitted
$18.0M
$16.5M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Arizona first; each on fiscal year 2026.

HospitalBedsNet patient revenueOperating expensesMargin
Clearsky Rehab Hospital of Avondale30$17,965,681$16,501,6948.2%
Clearsky Rehabilitation Hospital of Lecanto, Lecanto (FL)36$16,758,874$16,890,562−0.8%
Clearsky Rehabilitation Hospital of Harker Heights, Harker Heights (TX)30$17,250,863$15,334,06711.1%
Encompass Health Valley of the Sun Rehabilitation Hospital, Glendale75$26,653,624$24,721,5587.2%
Pam Rehabilitation Hospital of Dover, Dover (DE)34$34,815,340$22,312,49535.9%
Phoenix Regional Rehabilitation Hospital, Phoenix48$16,197,861$17,748,263−9.6%

Patients and payers

Discharges
734
S-3 line 14, col 15
Inpatient days
9,329
S-3 line 14, col 8
Beds in use, on an average day
25.6
days ÷ days in year
Occupancy
85.2%
days ÷ bed days
Medicare share of days
46.4%
S-3 cols 6 ÷ 8
Medicaid share of days
0.4%
S-3 cols 7 ÷ 8

Who owns it

  • CLEARSKY HEALTH ACQUISITION LLC100%
  • CLEARSKY HEALTH HOLDINGS LLC100%
  • CLEARSKY HEALTH INTERMEDIATE LLC100%
  • BW CLEARSKY AIV IV LP45%
  • PELOTON CLEARSKY INC45%
  • BW AIV IV DIRECT FEEDER LP35%
  • PELOTON CLEARSKY LLC22%
  • PELOTON EQUITY II LP22%
  • BW CLEARSKY AIV IV C CORP9%
  • BW CLEARSKY AIV IV INDIRECT FEEDER LP9%
  • LEAVITT EQUITY PARTNERS II LP6%
  • CLEARSKY EMPLOYEE HOLDINGS-A, LLC5%

Related organizations on its own cost report: CLEARSKY HEALTH HOLDINGS LLC (100%), parent company; CLEARSKY HEALTH ACQUISITION (100%), parent company hospitals.

Other hospitals with the same owner: Clearsky Rehabilitation Hospital of Lecanto (FL), Clearsky Rehabilitation Hospital of Elwood St. Joseph (KS), Clearsky Rehabilitation Hospital of Rio Rancho (NM), Clearsky Rehabilitation Hospital of Lancaster (OH), Clearsky Rehabilitation Hospital of Kenosha (WI), Clearsky Rehabilitation Hospital of Weatherford (TX), Clearsky Rehabilitation Hospital of Flower Mound (TX), Clearsky Rehabilitation Hospital of Mansfield (TX).

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 Arizona

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 033046. 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 11, 2026.