Velarion Records

Short-term acute care hospital · Chicago, Illinois · 151 beds · CMS certification number 140114

Swedish Hospital

Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 23, 2026. 29 years on file, all shown below. Also on the 340B covered-entity register.

Enrolled with Medicare by Swedish Covenant Health.

Fiscal 2025 at a glance

Net patient revenue $901.3M $901,300,690 · G-3 line 3
Operating expenses $711.8M $711,755,062 · G-3 line 4
Result from patient care $189.5M $189,545,628 · G-3 line 5
Margin on patient care 21.0% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $98.6M in its first year on file (1997) to $901.3M in 2025.
  • Its result from patient care: −$7.3M (2023), $59.7M (2024), $189.5M (2025).
  • 2 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 9.3% of its inpatient days and Medicare for 22.7%.
  • ENDEAVOR HEALTH holds 100% of it, on its Medicare enrollment.

How these statements are drawn

29 years of filings

Net patient revenueOperating expenses

1997 reopened margin −0.0% $98.6M $98.6M

1998 reopened margin −3.8% $109.2M $113.4M

1999 reopened margin −12.6% $114.0M $128.4M

2000 reopened margin −14.8% $120.5M $138.4M

2001 reopened margin −4.3% $143.2M $149.4M

2002 reopened margin −3.0% $164.1M $168.9M

2003 reopened margin −2.7% $184.2M $189.3M

2004 reopened margin −2.7% $199.5M $204.8M

2005 reopened margin −6.5% $201.1M $214.1M

2006 reopened margin −2.6% $193.8M $198.9M

2007 reopened margin 0.5% $227.9M $226.7M

2008 reopened margin −1.9% $225.3M $229.6M

2009 reopened margin 3.9% $238.5M $229.3M

2010 reopened margin −3.1% $229.6M $236.7M

2011 reopened margin −4.3% $233.4M $243.3M

2012 reopened margin −0.3% $236.8M $237.4M

2013 settled margin −2.3% $242.1M $247.7M

2014 reopened margin −10.8% $241.7M $267.7M

2015 reopened margin 0.8% $259.4M $257.5M

2016 reopened margin 0.7% $267.9M $266.1M

2017 reopened margin −1.6% $261.7M $266.0M

2018 reopened margin −1.2% $273.5M $276.7M

2019 reopened margin −2.4% $273.8M $280.4M

2020 reopened margin −15.4% $257.3M $297.0M

2021 settled margin −3.7% $298.8M $309.7M

2022 settled margin −3.8% $363.5M $377.2M

2023 as submitted margin −2.2% $329.5M $336.8M

2024 amended margin 9.9% $601.8M $542.1M

2025 as submitted margin 21.0% $901.3M $711.8M

Beside its peers

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

Hospital Beds Net patient revenue Operating expenses Margin

Swedish Hospital 151 $901,300,690 $711,755,062 21.0%

Anderson Hospital, Maryville 144 $212,168,782 $202,995,850 4.3%

Holy Cross Hospital, Chicago 153 $114,708,120 $135,845,057 −18.4%

HSHS St. Elizabeth's Hospital, Ofallon 144 $336,964,761 $315,242,819 6.5%

Thorek Memorial Hospital, Chicago 156 $62,384,523 $83,004,904 −33.1%

Uchicago Medicine Adventhealth la Grange, Lagrange 159 $242,992,918 $257,580,518 −6.0%

Patients and payers

  • Discharges 12,267 S-3 line 14, col 15
  • Inpatient days 46,870 S-3 line 14, col 8
  • Beds in use, on an average day 128.8 days ÷ days in year
  • Occupancy 84.0% days ÷ bed days
  • Medicare share of days 22.7% S-3 cols 6 ÷ 8
  • Medicaid share of days 9.3% S-3 cols 7 ÷ 8

Who owns it

  • ENDEAVOR HEALTH100%
  • ENDEAVOR HEALTH CLINICAL OPERATIONS100%

Other hospitals with the same owner: Northshore University Healthsystem - Evanston Hospital (IL), Elmhurst Memorial Hospital (IL), Edward Hospital (IL), Endeavor Health Northwest Community Hospital (IL).

Control: voluntary nonprofit, other.

Follow Swedish Hospital, free

More short-term acute care hospitals in Illinois

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 140114. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 23, 2026.

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