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Long-term care hospital · Grand Rapids, Michigan · 36 beds · CMS certification number 232029

Select Specialty Hospital - Corewell Health Grand Rapids

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 16, 2025. 25 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$26.4M
$26,416,897 · G-3 line 3
Operating expenses
$24.6M
$24,585,449 · G-3 line 4
Result from patient care
$1.8M
$1,831,448 · G-3 line 5
Margin on patient care
6.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $22.1M in its first year on file (2001) to $26.4M in 2025.
  • Its result from patient care: $134K (2023), $380K (2024), $1.8M (2025).
  • All 5 long-term care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 7.1% of its inpatient days and Medicare for 22.3%.
  • SELECT MEDICAL CORPORATION holds 100% of it, on its Medicare enrollment.

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

25 years of filings

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

Net patient revenueOperating expenses
2001
settled
$22.1M
$26.4M
2002
settled
$26.3M
$29.6M
2003
settled
$29.0M
$31.6M
2004
settled
$14.9M
$17.6M
2005
settled
$30.5M
$35.6M
2006
settled
$27.7M
$32.7M
2007
settled
$31.6M
$34.5M
2008
settled
$38.5M
$38.3M
2009
settled
$43.5M
$41.8M
2010
settled
$43.9M
$43.8M
2011
settled
$45.2M
$45.9M
2012
settled
$45.8M
$46.6M
2013
settled
$42.4M
$44.9M
2014
settled
$33.8M
$41.3M
2015
settled
$32.7M
$39.1M
2016
settled
$30.6M
$40.3M
2017
settled
$35.1M
$43.2M
2018
settled
$14.6M
$15.1M
2019
settled
$15.4M
$16.1M
2020
settled
$16.7M
$16.6M
2021
settled
$18.5M
$18.3M
2022
settled
$20.0M
$20.0M
2023
settled
$21.6M
$21.5M
2024
settled
$23.9M
$23.5M
2025
as submitted
$26.4M
$24.6M

Beside its peers

Long-term care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Select Specialty Hospital - Corewell Health Grand Rapids36$26,416,897$24,585,4496.9%
Beacon Plainwell, Plainwell43$21,988,116$15,975,96027.3%
Select Specialty Hospital - Ann Arbor, Ypsilanti36$23,479,020$23,466,7570.1%
Select Specialty Hospital - Flint, Flint26$18,135,049$14,276,98121.3%
Select Speciatly Hospital Saginaw, Saginaw32$16,686,134$14,686,57012.0%
University of Michigan Health-Sparrow Specialty Hospital, Lansing30$20,999,062$18,002,44214.3%

Patients and payers

Discharges
391
S-3 line 14, col 15
Inpatient days
11,258
S-3 line 14, col 8
Beds in use, on an average day
30.9
days ÷ days in year
Occupancy
85.7%
days ÷ bed days
Medicare share of days
22.3%
S-3 cols 6 ÷ 8
Medicaid share of days
7.1%
S-3 cols 7 ÷ 8

Who owns it

  • SELECT MEDICAL CORPORATION100%
  • GREAT LAKES SPECIALTY HOSPITAL - OAK LLC51%
  • INTENSIVA HEALTHCARE CORPORATION51%
  • SELECT LIFECARE WESTERN MICHIGAN LLC51%
  • SELECT SPECIALTY HOSPITAL - WESTERN MICHIGAN, INC.51%
  • COREWELL HEALTH49%

Related organizations on its own cost report: GLSH OAK LLC, healthcare; SPECTRUM HEALTH CONTINUING CARE, healthcare.

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), California Rehabilitation Institute (CA), Select Specialty Hospital - Wilmington (DE), Select Specialty Hospital - Miami (FL).

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 232029. 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 HOSP10FY2024.ZIP, read December 16, 2025.