Velarion Records

Children's hospital · Chicago, Illinois · 364 beds · CMS certification number 143300

Lurie Children's

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2025, as submitted, stamped by CMS December 24, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.3B
$1,318,542,613 · G-3 line 3
Operating expenses
$1.4B
$1,376,949,935 · G-3 line 4
Result from patient care
−$58.4M
−$58,407,322 · G-3 line 5
Margin on patient care
−4.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $166.4M in its first year on file (1997) to $1.3B in 2025.
  • Its result from patient care: −$149.8M (2023), −$200.9M (2024), −$58.4M (2025).
  • 4 of the 5 children's hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 16.4% of its inpatient days and Medicare for 0.5%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$166.4M
$205.2M
1998
settled
$181.2M
$212.5M
1999
reopened
$191.0M
$226.0M
2000
settled
$199.6M
$243.0M
2001
settled
$218.9M
$267.0M
2002
reopened
$254.9M
$289.2M
2003
settled
$284.0M
$327.2M
2004
reopened
$298.6M
$356.9M
2005
settled
$352.8M
$398.1M
2006
settled with audit
$363.2M
$433.5M
2007
reopened
$427.9M
$503.0M
2008
reopened
$410.3M
$527.3M
2009
reopened
$460.6M
$538.5M
2010
settled
$486.8M
$533.6M
2011
settled
$489.4M
$547.8M
2012
settled
$525.8M
$596.9M
2013
settled
$556.6M
$646.7M
2014
settled
$607.6M
$667.4M
2015
settled
$625.5M
$680.0M
2016
settled
$679.4M
$716.8M
2017
settled
$739.4M
$776.6M
2018
settled
$817.0M
$855.1M
2019
reopened
$917.2M
$971.6M
2020
reopened
$889.2M
$1.0B
2021
reopened
$914.8M
$1.1B
2022
reopened
$1.0B
$1.2B
2023
settled
$1.2B
$1.3B
2024
amended
$1.2B
$1.4B
2025
as submitted
$1.3B
$1.4B

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Lurie Children's364$1,318,542,613$1,376,949,935−4.4%
Akron Children's Hospital, Akron (OH)381$1,376,089,553$1,381,370,506−0.4%
La Rabida Children's Hospital, Chicago39$44,728,274$79,968,764−78.8%
Memorialcare Miller Children's & Women's Hospital Long Beach, Long Beach (CA)357$470,574,531$619,930,837−31.7%
The Children's Hospital of Alabama, Birmingham (AL)368$932,635,858$920,396,3241.3%
Valley Childrens Hospital, Madera (CA)358$919,460,586$949,424,953−3.3%

Patients and payers

Discharges
12,401
S-3 line 14, col 15
Inpatient days
97,297
S-3 line 14, col 8
Beds in use, on an average day
267.3
days ÷ days in year
Occupancy
73.2%
days ÷ bed days
Medicare share of days
0.5%
S-3 cols 6 ÷ 8
Medicaid share of days
16.4%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 143300. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 24, 2025.