Velarion Records

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

Mercy Rehabilitation Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 23, 2026. Five years on file, every one 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.

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

Five years of filings

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

Net patient revenueOperating expenses
2021
settled
$5.5M
$6.1M
2022
settled
$16.0M
$13.0M
2023
settled
$20.1M
$15.0M
2024
as submitted
$24.5M
$16.7M
2025
as submitted
$30.4M
$21.2M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Arkansas first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Mercy Rehabilitation Hospital50$30,379,836$21,178,49730.3%
CHI St. Vincent Hot Springs Rehabilitation Hospital A Partner of Encom, Hot Springs48$31,208,022$20,724,19733.6%
CHI St. Vincent Sherwood Rehabilitation Hospital, A Partner of Encompa, Sherwood83$40,766,347$31,053,28623.8%
Encompass Health Rehabilitation Hospital of Fort Smith, Fort Smith65$31,754,215$26,246,96617.3%
Encompass Health Rehabilitation Hospital, A Partner of Washington Regi, Fayetteville80$40,888,201$28,796,30429.6%
Encompass Health Rehabilitation Hospital of Jonesboro, Jonesboro90$43,836,153$30,185,64331.1%

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 (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), Havasu Regional Medical Center (AZ), Canyon Vista Medical Center (AZ), Valley View Medical Center (AZ).

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).

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More rehabilitation hospitals in Arkansas

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 043037. 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 June 23, 2026.