Velarion Records

Rehabilitation hospital · Rockford, Illinois · 65 beds · CMS certification number 143028

Van Matre Encompass Health Rehabilitation Institute

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 31, 2025, amended, stamped by CMS July 30, 2026. 24 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$34.8M
$34,818,739 · G-3 line 3
Operating expenses
$30.6M
$30,583,938 · G-3 line 4
Result from patient care
$4.2M
$4,234,801 · G-3 line 5
Margin on patient care
12.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.1M in its first year on file (2002) to $34.8M in 2025.
  • Its result from patient care: $2.7M (2023), $4.3M (2024), $4.2M (2025).
  • 2 of the 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 1.4% of its inpatient days and Medicare for 47.1%.
  • ENCOMPASS HEALTH CORPORATION holds 50% of it, on its Medicare enrollment.

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

24 years of filings

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

Net patient revenueOperating expenses
2002
as submitted
$8.1M
$7.8M
2003
as submitted
$11.8M
$9.5M
2004
reopened
$13.6M
$10.3M
2005
reopened
$14.1M
$8.3M
2006
reopened
$14.5M
$11.9M
2007
settled
$17.0M
$13.6M
2008
settled
$16.7M
$13.9M
2009
reopened
$18.0M
$15.7M
2010
reopened
$20.3M
$16.1M
2011
as submitted
$21.5M
$17.7M
2012
settled
$22.4M
$18.4M
2013
settled
$23.4M
$18.5M
2014
settled
$23.8M
$18.9M
2015
settled
$26.7M
$19.5M
2016
settled
$28.0M
$20.5M
2017
settled with audit
$29.6M
$21.5M
2018
settled
$29.7M
$22.6M
2019
settled
$30.8M
$23.3M
2020
settled
$28.7M
$24.0M
2021
settled
$29.1M
$25.0M
2022
reopened
$17.8M
$16.9M
2023
settled
$32.0M
$29.4M
2024
as submitted
$33.2M
$28.8M
2025
amended
$34.8M
$30.6M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Illinois first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Van Matre Encompass Health Rehabilitation Institute65$34,818,739$30,583,93812.2%
Encompass Health Rehabilitation Institute of Libertyville, Libertyville60$26,958,766$24,046,34410.8%
Northwestern Medicine Marianjoy Rehabilitation Hospital, Wheaton125$106,002,768$108,033,487−1.9%
Schwab Rehabilitation Hospital and Care Network, Chicago54$50,271,833$50,569,736−0.6%
Shirley Ryan Abilitylab, Chicago225$347,649,420$454,714,999−30.8%
The Rehabilitation Institute of Southern Illinois, Shiloh40$23,401,910$19,899,47815.0%

Patients and payers

Discharges
1,698
S-3 line 14, col 15
Inpatient days
20,453
S-3 line 14, col 8
Beds in use, on an average day
56.2
days ÷ days in year
Occupancy
86.2%
days ÷ bed days
Medicare share of days
47.1%
S-3 cols 6 ÷ 8
Medicaid share of days
1.4%
S-3 cols 7 ÷ 8

Who owns it

  • ENCOMPASS HEALTH CORPORATION50%
  • JAVON BEA HOSPITAL50%
  • MERCY HEALTH CORPORATION50%
  • ROCKFORD HEALTH SYSTEMS VENTURES, LLC50%
  • VANGUARD GROUP INC5%

Related organizations on its own cost report: ENCOMPASS HEALT, healthcare; ROCKFORD HEALTH, healthcare.

Other hospitals with the same owner: Encompass Health Lakeshore Rehabilitation Hospital (AL), Encompass Health Rehabilitation Hospital of Montgomery (AL), Encompass Health Rehabilitation Hospital of North Alabama (AL), Encompass Health Rehabilitation Hospital of Dothan (AL), Encompass Health Rehabilitation Hospital of Shelby County (AL), Encompass Health Rehabilitation Hospital of Gadsden (AL), Rehabilitation Hospital of Phenix City (AL), Encompass Health Rehabilitation Hospital of Scottsdale (AZ), Encompass Health Rehabilitation Institute of Tucson (AZ), Encompass Health Rehabilitation Hospital of Northwest Tucson (AZ), Encompass Health Valley of the Sun Rehabilitation Hospital (AZ), Yuma Rehabilitation Hospital, an Affiliation of Encompass Health and Y (AZ).

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

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 143028. 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 HOSP10FY2024.ZIP, read July 30, 2026.