Velarion Records

Rehabilitation hospital · Edwardsville, Illinois · 34 beds · CMS certification number 143029

Anderson Rehabilitation Institute

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 25, 2026. Five years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$19.1M
$19,119,007 · G-3 line 3
Operating expenses
$16.5M
$16,506,398 · G-3 line 4
Result from patient care
$2.6M
$2,612,609 · G-3 line 5
Margin on patient care
13.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.6M in its first year on file (2021) to $19.1M in 2025.
  • Its result from patient care: $2.0M (2023), $2.2M (2024), $2.6M (2025).
  • 3 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 2.0% of its inpatient days and Medicare for 53.0%.
  • ANDERSON HOSPITAL holds 60% of it, on its Medicare enrollment.

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

Five years of filings

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

Net patient revenueOperating expenses
2021
settled
$2.6M
$3.9M
2022
settled
$11.0M
$10.5M
2023
settled
$15.0M
$13.0M
2024
as submitted
$16.7M
$14.5M
2025
as submitted
$19.1M
$16.5M

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
Anderson Rehabilitation Institute34$19,119,007$16,506,39813.7%
Encompass Health Rehabilitation Institute of Libertyville, Libertyville60$26,958,766$24,046,34410.8%
Schwab Rehabilitation Hospital and Care Network, Chicago54$50,271,833$50,569,736−0.6%
The Quad Cities Rehabilitation Institute, Moline40$17,197,313$18,408,538−7.0%
The Rehabilitation Institute of Southern Illinois, Shiloh40$23,401,910$19,899,47815.0%
Van Matre Encompass Health Rehabilitation Institute, Rockford65$34,818,739$30,583,93812.2%

Patients and payers

Discharges
744
S-3 line 14, col 15
Inpatient days
8,206
S-3 line 14, col 8
Beds in use, on an average day
22.5
days ÷ days in year
Occupancy
66.1%
days ÷ bed days
Medicare share of days
53.0%
S-3 cols 6 ÷ 8
Medicaid share of days
2.0%
S-3 cols 7 ÷ 8

Who owns it

  • ANDERSON HOSPITAL60%
  • DSB ACQUISITION LLC40%
  • KND IRF DEVELOPMENT 14, LLC40%
  • LIFEPOINT HEALTH INC40%
  • LIFEPOINT REHAB BLOCKER LLC40%
  • LIFEPOINT REHAB BLOCKER PARENT LLC40%
  • LIFEPOINT REHAB LLC40%

Related organizations on its own cost report: LIFEPOINT HEALTH (40%), home office cost; SOUTHWESTERN IL HLTH FAC (60%), hospital services.

Other hospitals with the same owner: North Alabama Medical Center (AL), Shoals Hospital (AL), Canyon Vista Medical Center (AZ), Havasu Regional Medical Center (AZ), Valley View Medical Center (AZ), Dignity Health East Valley Rehabilitation Hospital (AZ), Dignity Health East Valley Rehabilitation Hospital-Gilbert (AZ), Copper Springs - East (AZ), El Dorado Springs (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).

Follow this hospital, free

We send this record now and tell you when it files again.

More rehabilitation hospitals in Illinois

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 143029. 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 25, 2026.