Velarion Records

Public registries, as they were filed.

Cost report · CMS certification number 144010

CHICAGO READ MENTAL HEALTH CENTER

CHICAGO, Illinois · psychiatric hospital

1. Finances, as filed

From this hospital’s Medicare cost report for the year ended 30 June 2025.

FigureAs filedWhere it comes from
Total operating expenses$45,439,339CMS-2552-10 worksheet G300000 line 400 column 100
Income from service to patients−$45,439,339CMS-2552-10 worksheet G300000 line 500 column 100
Total facility beds24CMS-2552-10 worksheet S300001 line 1400 column 200

Cost report filed under CMS certification number 144010 for 1 July 2024 to 30 June 2025, settled. The public file it was read from.

2. Five hospitals in Illinois of a similar size

Chosen for having bed counts close to this hospital’s, and listed by name. Not the state’s largest hospitals: a comparison only means something between hospitals of roughly the same size. Each figure is that hospital’s own filing; the reporting periods differ and each is shown.

HospitalBedsNet patient revenueTotal operating expensesCharity care, at costUncompensated care, at costPeriod ended
CHICAGO READ MENTAL HEALTH CENTER24$45,439,33930 June 2025
COMMUNITY MEDICAL CENTER23$13,157,406$13,571,97130 April 2002
DR. JOHN WARNER HOSPITAL24$7,528,943$8,415,17329 February 2000
KEWANEE HOSPITAL25$10,632,319$11,499,82231 January 2003
THE GALENA STAUSS HOSPITAL25$1,600,435$1,536,65431 January 2000
WASHINGTON COUNTY HOSPITAL23$8,720,443$8,768,91430 April 2000

3. Where this hospital sits

No position is stated for this hospital.

4. Executive compensation and community benefit

Not in this report. Executive pay is filed on IRS Form 990 Part VII and community benefit on its Schedule H, under an employer identification number. The Medicare cost report does not carry that number, so nothing on the two documents names the same organization.

Every cost report on file

One row per filing, oldest first until you say otherwise. Every column orders both ways. Reporting periods differ between filings and the length of each is shown, because revenue over three months set beside revenue over twelve is a wrong number that looks right.

29 hospitals, ordered by Fiscal year
Fiscal year Period ended Days Form Status Beds Net patient revenue Total operating expenses Income from service to patients Charity care, at cost Uncompensated care, at cost Bad debt expense Cost-to-charge ratio Stamped by CMS
19971997-06-30364CMS-2552-96settled234$34,873,866−$34,873,8661999-10-07
19981998-06-30364CMS-2552-96reopened210$34,976,038−$34,976,0382000-12-19
19991999-06-30364CMS-2552-96settled206$35,554,669−$35,554,6692000-12-19
20002000-06-30365CMS-2552-96settled200$35,847,406−$35,847,4062002-07-18
20012001-06-30364CMS-2552-96settled200$37,552,112−$37,552,1122002-11-12
20022002-06-30364CMS-2552-96settled200$1,590$38,548,287−$38,546,6972004-04-23
20032003-06-30364CMS-2552-96settled200$34,233,970−$34,233,9702005-01-26
20042004-06-30365CMS-2552-96settled181$33,947,576−$33,947,5762005-10-24
20052005-06-30364CMS-2552-96reopened27$34,100,613−$34,100,6132008-02-07
20062006-06-30364CMS-2552-96settled26$29,192,552−$29,192,5522008-02-28
20072007-06-30364CMS-2552-96settled24$30,699,562−$30,699,5622008-11-26
20082008-06-30365CMS-2552-96settled24$32,218,082−$32,218,0822009-07-22
20092009-06-30364CMS-2552-96settled26$31,893,092−$31,893,0922010-05-28
20102010-06-30364CMS-2552-96reopened26$27,649,325−$27,649,3252012-10-26
20112011-06-30364CMS-2552-10settled26$27,023,631−$27,023,6312013-04-19
20122012-06-30365CMS-2552-10settled24$26,102,926−$26,102,926−$173,77687.76562014-06-06
20132013-06-30364CMS-2552-10settled24$26,493,564−$26,493,5642015-06-21
20142014-06-30364CMS-2552-10settled24$30,321,518−$30,321,518110.64602016-03-17
20152015-06-30364CMS-2552-10settled24$30,407,272−$30,407,272−$661,73596.42072016-11-22
20162016-06-30365CMS-2552-10settled24$26,312,823−$26,312,82393.38052017-11-09
20172017-06-30364CMS-2552-10settled24$27,922,010−$27,922,01086.11132019-02-27
20182018-06-30364CMS-2552-10settled24$30,003,417−$30,003,4172019-12-12
20192019-06-30364CMS-2552-10settled24$30,019,474−$30,019,4742020-01-21
20202020-06-30365CMS-2552-10settled24$29,542,310−$29,542,3102021-02-10
20212021-06-30364CMS-2552-10settled24$31,897,437−$31,897,4372022-02-16
20222022-06-30364CMS-2552-10settled24$31,625,619−$31,625,6192023-01-18
20232023-06-30364CMS-2552-10settled24$30,706,600−$30,706,6002024-01-17
20242024-06-30365CMS-2552-10settled24$36,909,817−$36,909,8172025-01-14
20252025-06-30364CMS-2552-10settled24$45,439,339−$45,439,3392026-01-23

How to read this report

Every figure above is printed as its source document printed it, with the exact place it came from beside it: the worksheet, line and column of the Medicare cost report this hospital filed under CMS certification number 144010. A reader holding the same public file can go to that cell.

Two forms are in use. CMS-2552-96 covers reports for 1996 through 2011 and CMS-2552-10 the ones since. The older form has no worksheet S-10, so on those years charity care, bad debt, uncompensated care and the cost-to-charge ratio have no cell to come from and no figure appears.

A figure the hospital’s filing does not carry is left out. Nothing here is estimated and nothing is carried in from another year. No percentage or ratio is calculated anywhere in this report: charity care and revenue sit in adjacent rows and the reader draws the relation.

Financial figures: CMS Healthcare Cost Report Information System, publication year 2024, file HOSP10FY2024.ZIP. Corrections: hello@velarionrecords.com. Velarion Records takes no position on any hospital, its finances or the programs it takes part in.

The full report for CHICAGO READ MENTAL HEALTH CENTER

Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.

← the full cost-report record