Velarion Records

Short-term acute care hospital · Miami, Florida · 1,567 beds · CMS certification number 100022

Public Health Trust of Miami Dade County Florida

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 4, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.7B
$1,660,915,056 · G-3 line 3
Operating expenses
$3.2B
$3,183,701,266 · G-3 line 4
Result from patient care
−$1.5B
−$1,522,786,210 · G-3 line 5
Margin on patient care
−91.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $483.7M in its first year on file (1996) to $1.7B in 2025.
  • Its result from patient care: −$1.3B (2023), −$1.5B (2024), −$1.5B (2025).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 4.5% of its inpatient days and Medicare for 10.8%.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$483.7M
$732.5M
1997
reopened
$498.8M
$745.0M
1998
reopened
$506.0M
$778.9M
1999
reopened
$522.5M
$842.6M
2000
reopened
$567.3M
$913.5M
2001
reopened
$621.4M
$996.8M
2002
reopened
$765.5M
$1.2B
2003
reopened
$839.3M
$1.3B
2004
reopened
$920.0M
$1.4B
2005
reopened
$985.8M
$1.4B
2006
reopened
$1.0B
$1.5B
2007
reopened
$1.2B
$1.7B
2008
reopened
$1.4B
$1.9B
2009
reopened
$1.4B
$1.9B
2010
reopened
$1.1B
$1.8B
2011
reopened
$1.0B
$1.9B
2012
reopened
$851.5M
$1.6B
2013
reopened
$917.9M
$1.5B
2014
reopened
$804.2M
$1.5B
2015
reopened
$881.4M
$1.6B
2016
reopened
$1.1B
$1.8B
2017
reopened
$1.2B
$1.9B
2018
reopened
$1.2B
$2.0B
2019
settled with audit
$1.2B
$2.1B
2020
settled with audit
$1.2B
$2.1B
2021
as submitted
$1.3B
$2.3B
2022
amended
$1.5B
$2.7B
2023
as submitted
$1.6B
$2.9B
2024
as submitted
$1.6B
$3.1B
2025
as submitted
$1.7B
$3.2B

Beside its peers

Short-term acute care hospitals in Florida with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Public Health Trust of Miami Dade County Florida1,567$1,660,915,056$3,183,701,266−91.7%
Adventhealth Orlando, Orlando2,906$7,951,257,777$6,909,100,69913.1%
Southern Baptist Hospital of Florida, Jacksonville1,051$2,693,155,000$2,300,583,00014.6%
Orlando Health, Orlando1,544$4,288,697,287$4,097,673,4034.5%
St. Joseph's Hospital, Tampa1,357$2,303,217,906$1,845,726,87619.9%
Uf Health Shands, Gainesville993$2,897,733,094$2,389,870,63217.5%

Patients and payers

Discharges
72,671
S-3 line 14, col 15
Inpatient days
411,100
S-3 line 14, col 8
Beds in use, on an average day
1129.4
days ÷ days in year
Occupancy
71.9%
days ÷ bed days
Medicare share of days
10.8%
S-3 cols 6 ÷ 8
Medicaid share of days
4.5%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 100022. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read March 4, 2026.