Velarion Records

Short-term acute care hospital · Berlin, Maryland · 62 beds · CMS certification number 210061

Tidalhealth Atlantic

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 19, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$156.5M
$156,529,305 · G-3 line 3
Operating expenses
$177.0M
$176,967,233 · G-3 line 4
Result from patient care
−$20.4M
−$20,437,928 · G-3 line 5
Margin on patient care
−13.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $22.6M in its first year on file (1997) to $156.5M in 2025.
  • Its result from patient care: −$17.8M (2023), −$19.4M (2024), −$20.4M (2025).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 0.8% of its inpatient days and Medicare for 56.8%.

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
settled
$22.6M
$25.1M
1998
settled
$22.9M
$22.7M
1999
settled
$25.4M
$25.6M
2000
settled
$28.0M
$28.4M
2001
settled
$32.1M
$32.6M
2002
settled
$34.6M
$35.6M
2003
settled
$37.1M
$38.6M
2004
settled
$45.5M
$44.9M
2005
settled
$50.3M
$49.8M
2006
settled
$55.5M
$56.8M
2007
settled
$65.8M
$64.6M
2008
settled
$75.4M
$71.7M
2009
settled
$78.6M
$78.7M
2010
settled
$85.4M
$85.0M
2011
settled
$87.1M
$87.5M
2012
settled
$90.3M
$90.5M
2013
settled
$95.9M
$97.9M
2014
settled
$102.2M
$106.2M
2015
settled
$108.5M
$110.6M
2016
settled
$115.5M
$116.9M
2017
settled
$114.5M
$117.3M
2018
settled
$121.3M
$127.5M
2019
settled
$124.5M
$134.8M
2020
settled
$117.8M
$135.0M
2021
settled
$138.0M
$146.6M
2022
settled
$144.3M
$154.1M
2023
settled
$148.6M
$166.4M
2024
settled
$150.1M
$169.6M
2025
as submitted
$156.5M
$177.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Maryland first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Tidalhealth Atlantic62$156,529,305$176,967,233−13.1%
Calverthealth Medical Center, Prince Frederick79$167,272,902$167,659,012−0.2%
University of Maryland Shore Medical Center at Chestertown, Chestertown6$49,980,182$41,033,19317.9%
Civista Medical Center, La Plata93$184,078,181$168,530,1078.5%
Adventist Healthcare Fort Washington Medical Center, Fort Washington33$57,651,347$62,640,201−8.6%
Medstar St. Mary's Hospital, Leonardtown94$233,171,980$205,827,87811.7%

Patients and payers

Discharges
2,733
S-3 line 14, col 15
Inpatient days
10,868
S-3 line 14, col 8
Beds in use, on an average day
29.9
days ÷ days in year
Occupancy
48.0%
days ÷ bed days
Medicare share of days
56.8%
S-3 cols 6 ÷ 8
Medicaid share of days
0.8%
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 210061. 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 19, 2025.