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Long-term care hospital · Lake Worth, Florida · 60 beds · CMS certification number 102023

Select Specialty Hospital-Palm Beach

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2025, as submitted, stamped by CMS May 7, 2026. Seventeen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$34.2M
$34,155,544 · G-3 line 3
Operating expenses
$33.0M
$32,952,452 · G-3 line 4
Result from patient care
$1.2M
$1,203,092 · G-3 line 5
Margin on patient care
3.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.9M in its first year on file (2009) to $34.2M in 2025.
  • Its result from patient care: −$346K (2023), $190K (2024), $1.2M (2025).
  • 2 of the 5 long-term care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • SELECT MEDICAL CORPORATION holds 100% of it, on its Medicare enrollment.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
2009
settled
$16.9M
$20.8M
2010
settled
$19.2M
$21.4M
2011
settled
$22.4M
$23.0M
2012
reopened
$25.0M
$24.5M
2013
reopened
$24.0M
$24.9M
2014
reopened
$24.9M
$25.2M
2015
settled
$27.2M
$26.6M
2016
reopened
$27.7M
$27.5M
2017
reopened
$27.9M
$27.6M
2018
reopened
$30.6M
$30.6M
2019
settled
$29.2M
$31.6M
2020
reopened
$32.5M
$31.9M
2021
settled
$33.2M
$33.9M
2022
settled
$34.4M
$35.0M
2023
settled
$31.4M
$31.7M
2024
as submitted
$32.1M
$31.9M
2025
as submitted
$34.2M
$33.0M

Beside its peers

Long-term care hospitals in Florida with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Select Specialty Hospital-Palm Beach60$34,155,544$32,952,4523.5%
Adventhealth Connerton, Land O Lakes77$50,558,166$55,324,050−9.4%
Select Specialty Hospital-Fort Myers, Fort Myers60$25,597,022$28,238,458−10.3%
Select Specialty Hospital - Miami Lakes, Miami Lakes60$44,741,828$38,896,30813.1%
Select Specialty Hospital-Pensacola, Pensacola60$43,879,820$40,393,7047.9%
Select Specialty Hospital Orlando, Orlando95$65,257,502$66,059,403−1.2%

Patients and payers

Discharges
466
S-3 line 14, col 15
Inpatient days
17,015
S-3 line 14, col 8
Beds in use, on an average day
46.7
days ÷ days in year
Occupancy
77.7%
days ÷ bed days
Medicare share of days
43.2%
S-3 cols 6 ÷ 8

Who owns it

  • SELECT MEDICAL CORPORATION100%

Indirect owner: SELECT SPECIALTY HOSPITALS INC

Related organizations on its own cost report: SELECT MEDICAL, healthcare.

Other hospitals with the same owner: Select Specialty Hospital - Birmingham (AL), Select Specialty Hospital - Phoenix (AZ), Select Specialty Hospital - Tucson Northwest (AZ), Select Specialty Hospital-Arizona (AZ), Honorhealth Rehabilitation Hospital (AZ), Banner Rehabilitation Hospital (AZ), Regency Hospital of Springdale (AR), Select Specialty Hospital-San Diego (CA), California Rehabilitation Institute (CA), Select Specialty Hospital - Wilmington (DE), Select Specialty Hospital - Miami (FL).

Type of control on its cost report: proprietary, corporation.

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 102023. 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 May 7, 2026.