Velarion Records

Short-term acute care hospital · Waycross, Georgia · 110 beds · CMS certification number 110003

Memorial Satilla Health

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 12, 2026. 27 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$144.1M
$144,070,796 · G-3 line 3
Operating expenses
$129.8M
$129,785,328 · G-3 line 4
Result from patient care
$14.3M
$14,285,468 · G-3 line 5
Margin on patient care
9.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $67.0M in its first year on file (1998) to $144.1M in 2025.
  • Its result from patient care: −$2.0M (2023), $7.6M (2024), $14.3M (2025).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 7.1% of its inpatient days and Medicare for 18.9%.
  • HCA HEALTHCARE INC holds 100% of it, on its Medicare enrollment.

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

27 years of filings

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

Net patient revenueOperating expenses
1998
settled
$67.0M
$63.8M
1999
settled
$69.7M
$67.1M
2000
settled with audit
$63.1M
$62.9M
2001
as submitted
$85.7M
$83.0M
2002
settled with audit
$91.9M
$91.2M
2003
reopened
$101.6M
$103.8M
2004
reopened
$110.8M
$111.4M
2005
reopened
$109.9M
$113.1M
2006
reopened
$118.9M
$118.9M
2007
reopened
$118.3M
$124.3M
2008
settled
$127.0M
$126.7M
2009
reopened
$145.9M
$146.3M
2010
settled
$152.8M
$156.1M
2011
reopened
$133.4M
$145.4M
2013
reopened
$134.1M
$147.7M
2014
reopened
$136.8M
$156.9M
2015
settled
$149.5M
$174.9M
2016
reopened
$147.9M
$175.7M
2017
settled
$76.8M
$83.3M
2018
settled
$119.2M
$125.4M
2019
reopened
$113.6M
$115.5M
2020
reopened
$101.3M
$107.2M
2021
settled
$114.9M
$115.9M
2022
amended
$110.8M
$117.1M
2023
amended
$124.5M
$126.5M
2024
amended
$135.5M
$128.0M
2025
as submitted
$144.1M
$129.8M

Beside its peers

Short-term acute care hospitals in Georgia with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Memorial Satilla Health110$144,070,796$129,785,3289.9%
Wellstar Douglas Hospital, Douglasville112$251,732,469$259,616,275−3.1%
Wellstar Paulding Hospital, Hiram112$324,137,796$318,110,3601.9%
Piedmont Cartersville Medical Center, Cartersville141$229,227,634$200,813,87312.4%
Piedmont Columbus Regional Northside, Columbus100$153,630,121$121,818,57720.7%
Piedmont Newton Hospital, Covington100$215,747,109$174,543,07619.1%

Patients and payers

Discharges
7,758
S-3 line 14, col 15
Inpatient days
24,820
S-3 line 14, col 8
Beds in use, on an average day
68.2
days ÷ days in year
Occupancy
61.9%
days ÷ bed days
Medicare share of days
18.9%
S-3 cols 6 ÷ 8
Medicaid share of days
7.1%
S-3 cols 7 ÷ 8

Who owns it

  • HCA HEALTHCARE INC100%
  • HCA INC100%
  • HEALTHTRUST INC - THE HOSPITAL COMPANY100%
  • HTI HOSPITAL HOLDINGS INC100%
  • FRISCO HOLDING II16%
  • HERCULES HOLDING II14%

Related organizations on its own cost report: HPG (67%), healthcare; IT&S (100%), healthcare; HCA (100%), healthcare; SHARED SERVICE (100%), healthcare; SUPPLY CHAIN (100%), healthcare.

Other hospitals with the same owner: Alaska Regional Hospital (AK), Riverside Community Hospital (CA), Good Samaritan Hospital (CA), Los Robles Hospital and Medical Center (CA), HCA Healthone Presbyterian St. Luke's Hospital (CO), HCA Healthone Rose Hospital (CO), HCA Healthone Swedish Hospital (CO), HCA Healthone Mountain Ridge Hospital (CO), HCA Healthone Aurora Hospital (CO).

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 110003. 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 12, 2026.