Velarion Records

Short-term acute care hospital · New Lenox, Illinois · 320 beds · CMS certification number 140213

Silver Cross Hospital & Medical Centers

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 23, 2026. 28 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$571.4M
$571,400,747 · G-3 line 3
Operating expenses
$556.4M
$556,370,582 · G-3 line 4
Result from patient care
$15.0M
$15,030,165 · G-3 line 5
Margin on patient care
2.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $94.6M in its first year on file (1997) to $571.4M in 2025.
  • Its result from patient care: $10.4M (2023), $12.3M (2024), $15.0M (2025).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 4.3% of its inpatient days and Medicare for 32.9%.
  • SILVER CROSS HEALTH SYSTEM holds 100% of it, on its Medicare enrollment.

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

28 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$94.6M
$104.3M
1999
reopened
$108.4M
$103.1M
2000
reopened
$120.5M
$115.6M
2001
reopened
$133.6M
$126.1M
2002
reopened
$142.6M
$138.0M
2003
reopened
$152.3M
$147.4M
2004
settled
$157.8M
$154.4M
2005
reopened
$176.1M
$168.5M
2006
reopened
$184.1M
$177.4M
2007
reopened
$208.0M
$200.8M
2008
reopened
$223.1M
$222.3M
2009
reopened
$227.7M
$217.6M
2010
reopened
$240.6M
$229.4M
2011
reopened
$247.4M
$232.4M
2012
reopened
$265.6M
$278.4M
2013
reopened
$289.8M
$300.2M
2014
reopened
$309.0M
$319.1M
2015
reopened
$323.2M
$328.3M
2016
reopened
$360.8M
$345.7M
2017
reopened
$385.4M
$363.2M
2018
settled with audit
$418.5M
$370.5M
2019
settled with audit
$436.6M
$385.9M
2020
settled
$430.3M
$398.7M
2021
settled
$470.5M
$444.6M
2022
settled
$479.7M
$484.9M
2023
as submitted
$514.1M
$503.7M
2024
as submitted
$543.1M
$530.9M
2025
as submitted
$571.4M
$556.4M

Beside its peers

Short-term acute care hospitals in Illinois with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Silver Cross Hospital & Medical Centers320$571,400,747$556,370,5822.6%
Northwestern Medicine McHenry Hospital, Mchenry332$726,627,896$754,226,367−3.8%
Endeavor Health Northwest Community Hospital, Arlington Heights356$589,622,032$614,303,392−4.2%
Palos Community Hospital, Orland Park318$485,666,863$600,874,624−23.7%
St. Alexius Medical Center, Hoffman Estates313$374,002,335$420,384,939−12.4%
Uw Health, Rockford338$796,148,524$875,741,543−10.0%

Patients and payers

Discharges
22,510
S-3 line 14, col 15
Inpatient days
101,276
S-3 line 14, col 8
Beds in use, on an average day
278.2
days ÷ days in year
Occupancy
86.7%
days ÷ bed days
Medicare share of days
32.9%
S-3 cols 6 ÷ 8
Medicaid share of days
4.3%
S-3 cols 7 ÷ 8

Who owns it

  • SILVER CROSS HEALTH SYSTEM100%

Related organizations on its own cost report: SILVER CROSS HO (100%), home office.

Type of control on its cost report: voluntary nonprofit, church.

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 140213. 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 March 23, 2026.