Velarion Records

Rehabilitation hospital · Greenwood, Indiana · 44 beds · CMS certification number 153044

Community Health Network Rehabilitation Hospital South

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. Eight years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$29.4M
$29,377,466 · G-3 line 3
Operating expenses
$23.0M
$23,048,374 · G-3 line 4
Result from patient care
$6.3M
$6,329,092 · G-3 line 5
Margin on patient care
21.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.3M in its first year on file (2018) to $29.4M in 2025.
  • Its result from patient care: $6.8M (2023), $8.4M (2024), $6.3M (2025).
  • All 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.9% of its inpatient days and Medicare for 45.2%.
  • COMMUNITY HEALTH NETWORK INC holds 51% of it, on its Medicare enrollment.

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

Eight years of filings

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

Net patient revenueOperating expenses
2018
settled
$2.3M
$3.0M
2019
settled
$14.2M
$11.7M
2020
settled
$21.6M
$15.6M
2021
settled
$23.4M
$16.9M
2022
settled
$23.9M
$18.0M
2023
settled
$26.2M
$19.4M
2024
settled
$29.7M
$21.3M
2025
as submitted
$29.4M
$23.0M

Beside its peers

Rehabilitation hospitals in Indiana with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Community Health Network Rehabilitation Hospital South44$29,377,466$23,048,37421.5%
Bloomington Regional Rehabilitation Hospital, Bloomington40$23,724,560$19,459,80918.0%
Indianapolis Rehabilitation Hospital, Carmel40$22,792,698$19,647,00013.8%
Lafayette Regional Rehabilitation Hospital, Lafayette40$18,757,560$17,108,9398.8%
Select Medical Rehabilitation Hospital at Lutheran Hospital, Fort Wayne42$29,724,901$26,141,09212.1%
Rehabilitation Hospital of Northern Indiana, Mishawaka40$21,877,994$17,628,75319.4%

Patients and payers

Discharges
1,179
S-3 line 14, col 15
Inpatient days
13,515
S-3 line 14, col 8
Beds in use, on an average day
37.1
days ÷ days in year
Occupancy
84.2%
days ÷ bed days
Medicare share of days
45.2%
S-3 cols 6 ÷ 8
Medicaid share of days
0.9%
S-3 cols 7 ÷ 8

Who owns it

  • COMMUNITY HEALTH NETWORK INC51%
  • DSB ACQUISITION LLC49%
  • KND DEVELOPMENT 63, LLC49%
  • LIFEPOINT HEALTH INC49%
  • LIFEPOINT REHAB BLOCKER LLC49%
  • LIFEPOINT REHAB BLOCKER PARENT LLC49%
  • LIFEPOINT REHAB LLC49%

Related organizations on its own cost report: LIFEPOINT HEALTH (49%), home office cost; COMMUNITY HLTH NETWORK (51%), 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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 153044. 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 22, 2026.