Velarion Records

Short-term acute care hospital · Miami, Florida · 748 beds · CMS certification number 100029

Northshore Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$190.0M
$190,036,585 · G-3 line 3
Operating expenses
$278.8M
$278,844,295 · G-3 line 4
Result from patient care
−$88.8M
−$88,807,710 · G-3 line 5
Margin on patient care
−46.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $85.1M in its first year on file (1996) to $190.0M in 2025.
  • Its result from patient care: $15.1M (2023), −$63.2M (2024), −$88.8M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 3.1% of its inpatient days and Medicare for 15.0%.
  • FAISAL MAHMOOD GILL holds 100% of it, on its Medicare enrollment.

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
$85.1M
$89.1M
1997
settled
$29.5M
$31.4M
1998
reopened
$79.7M
$79.1M
1999
settled
$75.4M
$70.8M
2000
reopened
$75.4M
$70.8M
2001
reopened
$75.7M
$69.3M
2002
settled
$86.1M
$83.5M
2003
reopened
$95.9M
$83.5M
2004
settled
$101.0M
$93.6M
2005
reopened
$101.2M
$103.7M
2006
reopened
$105.3M
$106.4M
2007
reopened
$108.0M
$109.7M
2008
reopened
$121.6M
$120.4M
2009
reopened
$135.2M
$127.0M
2010
reopened
$260.7M
$254.4M
2011
reopened
$249.4M
$254.5M
2012
reopened
$263.7M
$269.7M
2013
reopened
$269.8M
$267.9M
2014
reopened
$268.6M
$272.1M
2015
reopened
$291.6M
$296.7M
2016
reopened
$301.9M
$307.9M
2017
reopened
$302.0M
$312.9M
2018
reopened
$293.0M
$305.0M
2019
settled
$292.7M
$310.8M
2020
settled with audit
$320.0M
$369.4M
2021
settled
$346.4M
$356.5M
2022
settled
$276.9M
$276.3M
2023
settled
$369.5M
$354.4M
2024
settled
$262.0M
$325.2M
2025
as submitted
$190.0M
$278.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Northshore Medical Center748$190,036,585$278,844,295−46.7%
Baptist Hospital of Miami, Miami775$2,430,098,518$2,015,975,52017.0%
HCA Florida JFK Hospital, Atlantis644$776,832,476$636,341,03518.1%
Lakeland Regional Medical Center, Lakeland782$1,301,293,724$1,156,450,78111.1%
Lee Memorial Hospital, Fort Myers697$1,441,787,527$1,469,762,538−1.9%
Sarasota Memorial Hospital, Sarasota791$1,508,685,963$1,330,600,54911.8%

Patients and payers

Discharges
11,600
S-3 line 14, col 15
Inpatient days
52,951
S-3 line 14, col 8
Beds in use, on an average day
145.5
days ÷ days in year
Occupancy
19.4%
days ÷ bed days
Medicare share of days
15.0%
S-3 cols 6 ÷ 8
Medicaid share of days
3.1%
S-3 cols 7 ÷ 8

Who owns it

  • FAISAL MAHMOOD GILL100%
  • HEALTHCARE SYSTEMS OF AMERICA -FLORIDA LLC100%

Related organizations on its own cost report: HSA NORTH SHORE, hospital; HSA PALMETTO, hospital; HSA HIALEAH, hospital; HSA CORAL GABLE, hospital.

Other hospitals with the same owner: Hialeah Hospital (FL), Coral Gables Hospital (FL), Palmetto General Hospital (FL).

Type of control on its cost report: proprietary, 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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 100029. 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 22, 2026.