Velarion Records

Rehabilitation hospital · Fort Smith, Arkansas · 50 beds · CMS certification number 043037

Mercy Rehabilitation Hospital

Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 23, 2026. Five years on file, all shown below.

Fiscal 2025 at a glance

Net patient revenue $30.4M $30,379,836 · G-3 line 3
Operating expenses $21.2M $21,178,497 · G-3 line 4
Result from patient care $9.2M $9,201,339 · G-3 line 5
Margin on patient care 30.3% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.5M in its first year on file (2021) to $30.4M in 2025.
  • Its result from patient care: $5.1M (2023), $7.8M (2024), $9.2M (2025).
  • All 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 1.3% of its inpatient days and Medicare for 68.0%.
  • DSB ACQUISITION LLC holds 51% of it, on its Medicare enrollment.

How these statements are drawn

Five years of filings

Net patient revenueOperating expenses

2021 settled margin −11.4% $5.5M $6.1M

2022 settled margin 18.7% $16.0M $13.0M

2023 settled margin 25.3% $20.1M $15.0M

2024 as submitted margin 31.9% $24.5M $16.7M

2025 as submitted margin 30.3% $30.4M $21.2M

Beside its peers

Nearest in size, Arkansas first, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Mercy Rehabilitation Hospital 50 $30,379,836 $21,178,497 30.3%

CHI St. Vincent Hot Springs Rehabilitation Hospital A Partner of Encom, Hot Springs 48 $31,208,022 $20,724,197 33.6%

CHI St. Vincent Sherwood Rehabilitation Hospital, A Partner of Encompa, Sherwood 83 $40,766,347 $31,053,286 23.8%

Encompass Health Rehabilitation Hospital of Fort Smith, Fort Smith 65 $31,754,215 $26,246,966 17.3%

Encompass Health Rehabilitation Hospital, A Partner of Washington Regi, Fayetteville 80 $40,888,201 $28,796,304 29.6%

Encompass Health Rehabilitation Hospital of Jonesboro, Jonesboro 90 $43,836,153 $30,185,643 31.1%

Patients and payers

  • Discharges 1,310 S-3 line 14, col 15
  • Inpatient days 14,512 S-3 line 14, col 8
  • Beds in use, on an average day 39.9 days ÷ days in year
  • Occupancy 79.5% days ÷ bed days
  • Medicare share of days 68.0% S-3 cols 6 ÷ 8
  • Medicaid share of days 1.3% S-3 cols 7 ÷ 8

Who owns it

  • DSB ACQUISITION LLC51%
  • KND IRF DEVELOPMENT 42, LLC51%
  • LIFEPOINT HEALTH INC51%
  • LIFEPOINT REHAB BLOCKER LLC51%
  • LIFEPOINT REHAB BLOCKER PARENT LLC51%
  • LIFEPOINT REHAB LLC51%
  • MERCY HOSPITAL FORT SMITH50%

Related organizations on its own cost report: LIFEPOINT HEALTH (51%), home office cost; MERCY HOSPITAL (50%), hospital services.

Other hospitals with the same owner: Copper Springs East- Gilbert (AZ), El Dorado Springs (AZ), Dignity Health East Valley Rehabilitation Hospital (AZ), Dignity Health East Valley Rehabilitation Hospital-Gilbert (AZ), North Alabama Medical Center (AL), Shoals Hospital (AL), and 3 more.

Control: proprietary, partnership.

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More rehabilitation hospitals in Arkansas

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 043037. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 23, 2026.

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