Velarion Records

Rehabilitation hospital · Bowling Green, Kentucky · 60 beds · CMS certification number 183029

Southern Kentucky Rehabilitation Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 16, 2025, as submitted, stamped by CMS May 29, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$30.4M
$30,436,848 · G-3 line 3
Operating expenses
$25.9M
$25,871,262 · G-3 line 4
Result from patient care
$4.6M
$4,565,586 · G-3 line 5
Margin on patient care
15.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.0M in its first year on file (1996) to $30.4M in 2025.
  • Its result from patient care: −$191K (2023), $777K (2024), $4.6M (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 1.8% of its inpatient days and Medicare for 55.3%.
  • SELECT MEDICAL CORPORATION holds 100% of it, on its Medicare enrollment.

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
1996
reopened
$16.0M
$16.6M
1997
as submitted
$15.9M
$17.2M
1998
as submitted
$16.3M
$25.4M
2000
reopened
$16.9M
$16.5M
2001
settled with audit
$15.1M
$15.3M
2002
settled
$22.9M
$14.3M
2003
settled
$11.8M
$9.5M
2004
settled
$18.3M
$17.5M
2005
reopened
$18.5M
$19.9M
2006
settled
$17.0M
$19.5M
2007
settled
$16.2M
$18.6M
2008
settled
$18.0M
$16.5M
2009
settled
$19.0M
$15.8M
2010
settled
$19.2M
$15.9M
2011
settled
$20.0M
$16.2M
2012
settled
$20.9M
$17.0M
2013
settled
$19.7M
$16.4M
2014
settled
$21.6M
$17.7M
2015
reopened
$22.5M
$18.8M
2016
reopened
$23.0M
$18.7M
2017
reopened
$23.8M
$19.5M
2018
settled
$24.7M
$20.9M
2019
settled
$26.5M
$19.5M
2020
reopened
$23.6M
$23.5M
2021
settled
$25.3M
$24.1M
2022
settled
$26.3M
$25.1M
2023
settled
$27.9M
$28.1M
2024
settled
$31.0M
$30.2M
2025
as submitted
$30.4M
$25.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Southern Kentucky Rehabilitation Hospital60$30,436,848$25,871,26215.0%
Cardinal Hill Rehabilitation Hospital, Lexington158$99,356,081$95,561,5923.8%
Encompass Health Rehabilitation Hospital of Northern Kentucky, Edgewood71$39,095,624$34,673,31411.3%
Encompass Health Rehabilitation Hospital of Lakeview, Elizabethtown40$17,658,556$16,469,7106.7%
Gateway Rehabilitation Hospital, Florence40$25,131,360$21,353,32815.0%
Uofl Health, Frazier Rehabilitation Hospital - Brownsboro, Louisville40$21,072,260$18,649,86911.5%

Patients and payers

Discharges
1,376
S-3 line 14, col 15
Inpatient days
17,906
S-3 line 14, col 8
Beds in use, on an average day
51.3
days ÷ days in year
Occupancy
85.3%
days ÷ bed days
Medicare share of days
55.3%
S-3 cols 6 ÷ 8
Medicaid share of days
1.8%
S-3 cols 7 ÷ 8

Who owns it

  • SELECT MEDICAL CORPORATION100%
  • SELECT SPECIALTY HOSPITALS INC100%
  • HOSPITAL HOLDINGS CORPORATION51%
  • VIBRA HEALTHCARE, LLC49%

Related organizations on its own cost report: VIBRA MANAGEMEN (100%).

Other hospitals with the same owner: Select Specialty Hospital - Birmingham (AL), Select Specialty Hospital - Phoenix (AZ), Select Specialty Hospital - Tucson Northwest (AZ), Select Specialty Hospital-Arizona (AZ), Honorhealth Rehabilitation Hospital (AZ), Banner Rehabilitation Hospital (AZ), Regency Hospital of Springdale (AR), Select Specialty Hospital-San Diego (CA), Vibra Hospital of Northern California (CA), San Joaquin Valley Rehabilitation Hospital (CA), Ballard Rehabilitation Hospital (CA).

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

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 183029. 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 May 29, 2026.