Velarion Records

Short-term acute care hospital · Washington, District of Columbia · 126 beds · CMS certification number 090008

Not-For-Profit Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2024, as submitted, stamped by CMS March 4, 2025. 29 years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$89.2M
$89,198,963 · G-3 line 3
Operating expenses
$123.9M
$123,864,831 · G-3 line 4
Result from patient care
−$34.7M
−$34,665,868 · G-3 line 5
Margin on patient care
−38.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $114.2M in its first year on file (1996) to $23.0M in 2025.
  • Its result from patient care: −$35.4M (2023), −$34.7M (2024), −$41.2M (2025).
  • 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 2024.
  • Medicaid paid for 12.7% of its inpatient days and Medicare for 25.4%.

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
1996
reopened
$114.2M
$110.1M
1997
as submitted
$131.4M
$129.2M
1998
as submitted
$89.6M
$140.0M
2000
settled
$105.7M
$110.1M
2001
reopened
$117.7M
$134.6M
2002
reopened
$138.1M
$167.4M
2003
settled
$96.1M
$132.2M
2004
reopened
$92.5M
$137.5M
2005
reopened
$92.6M
$114.2M
2006
reopened
$83.1M
$107.8M
2007
reopened
$45.7M
$77.3M
2008
reopened
$99.4M
$115.0M
2009
reopened
$96.3M
$103.9M
2010
reopened
$20.4M
$22.3M
2011
reopened
$101.8M
$105.4M
2012
settled with audit
$100.9M
$123.9M
2013
reopened
$85.8M
$107.2M
2014
reopened
$100.3M
$113.6M
2015
settled
$94.3M
$122.7M
2016
settled with audit
$111.7M
$126.0M
2017
settled
$111.3M
$134.1M
2018
settled
$92.6M
$149.2M
2019
settled
$94.4M
$149.7M
2020
reopened
$84.7M
$160.1M
2021
settled
$83.9M
$150.0M
2022
settled
$99.7M
$143.0M
2023
settled
$90.3M
$125.7M
2024
as submitted
$89.2M
$123.9M
2025
as submitted
$23.0M
$64.2M

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 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Not-For-Profit Hospital126$89,198,963$123,864,831−38.9%
George Washington University Hospital, Washington339$622,912,066$646,838,770−3.8%
Medstar Georgetown University Hospital, Washington453$1,266,454,877$1,184,811,7516.5%
National Park Medical Center, Hot Springs (AR)126$145,531,412$147,802,327−1.6%
Sibley Memorial Hospital, Washington218$541,919,150$562,681,529−3.8%
Washington Hospital Center, Washington719$1,633,483,811$1,617,081,5391.0%

Patients and payers

Discharges
3,161
S-3 line 14, col 15
Inpatient days
23,889
S-3 line 14, col 8
Beds in use, on an average day
65.4
days ÷ days in year
Occupancy
51.8%
days ÷ bed days
Medicare share of days
25.4%
S-3 cols 6 ÷ 8
Medicaid share of days
12.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: DC GOVERNMENT, public hospital.

Type of control on its cost report: governmental, city.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 090008. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read March 4, 2025.