Velarion Records

Short-term acute care hospital · Washington, District of Columbia · 215 beds · CMS certification number 090003

Faculty Practice Plan Howard University

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2023, settled, stamped by CMS February 23, 2026. 29 years on file, every one shown below.

Fiscal 2023 at a glance

Net patient revenue
$294.6M
$294,594,748 · G-3 line 3
Operating expenses
$319.5M
$319,459,453 · G-3 line 4
Result from patient care
−$24.9M
−$24,864,705 · G-3 line 5
Margin on patient care
−8.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $168.2M in its first year on file (1997) to $273.8M in 2025.
  • Its result from patient care: −$24.9M (2023), −$33.8M (2024), −$45.4M (2025).
  • 4 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 2023.
  • Medicaid paid for 12.2% of its inpatient days and Medicare for 22.6%.
  • HOWARD UNIVERSITY holds 100% of it, on its Medicare enrollment.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$168.2M
$208.3M
1998
reopened
$180.3M
$212.5M
1999
reopened
$200.0M
$235.4M
2000
reopened
$208.2M
$205.7M
2001
reopened
$206.0M
$242.0M
2002
reopened
$195.3M
$251.5M
2003
reopened
$217.0M
$250.8M
2004
reopened
$228.2M
$262.3M
2005
reopened
$222.6M
$276.4M
2006
reopened
$220.5M
$232.4M
2007
reopened
$229.5M
$256.8M
2008
reopened
$221.2M
$285.9M
2009
reopened
$260.7M
$282.0M
2010
reopened
$229.1M
$286.7M
2011
reopened
$241.8M
$288.9M
2012
reopened
$223.0M
$301.1M
2013
reopened
$185.1M
$303.9M
2014
reopened
$160.6M
$302.5M
2015
reopened
$162.7M
$285.6M
2016
reopened
$183.4M
$262.6M
2017
reopened
$166.9M
$252.5M
2018
reopened
$217.3M
$244.9M
2019
reopened
$286.3M
$338.1M
2020
reopened
$267.1M
$300.1M
2021
settled
$280.4M
$326.2M
2022
settled with audit
$292.4M
$339.1M
2023
settled
$294.6M
$319.5M
2024
as submitted
$127.7M
$161.5M
2025
as submitted
$273.8M
$319.2M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from District of Columbia first; each on fiscal year 2023.

HospitalBedsNet patient revenueOperating expensesMargin
Faculty Practice Plan Howard University215$294,594,748$319,459,453−8.4%
George Washington University Hospital, Washington339$633,223,928$648,789,498−2.5%
Medstar Georgetown University Hospital, Washington402$1,108,081,979$1,038,197,7186.3%
Not-For-Profit Hospital, Washington126$90,329,944$125,747,777−39.2%
Sibley Memorial Hospital, Washington229$498,176,250$516,232,745−3.6%
Washington Hospital Center, Washington725$1,517,106,869$1,550,322,729−2.2%

Patients and payers

Discharges
7,068
S-3 line 14, col 15
Inpatient days
47,873
S-3 line 14, col 8
Beds in use, on an average day
131.5
days ÷ days in year
Occupancy
61.0%
days ÷ bed days
Medicare share of days
22.6%
S-3 cols 6 ÷ 8
Medicaid share of days
12.2%
S-3 cols 7 ÷ 8

Who owns it

  • HOWARD UNIVERSITY100%

Related organizations on its own cost report: HUH (100%), university.

Type of control on its cost report: voluntary nonprofit, other.

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 HOSP10FY2022.ZIP, form CMS-2552-10, filed under CMS certification number 090003. 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 HOSP10FY2022.ZIP, read February 23, 2026.