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Rehabilitation hospital · Detroit, Michigan · 67 beds · CMS certification number 233027

Rehabilitation Institute of Michigan

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 31, 2025, as submitted, stamped by CMS May 6, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$79.7M
$79,703,131 · G-3 line 3
Operating expenses
$75.0M
$74,956,812 · G-3 line 4
Result from patient care
$4.7M
$4,746,319 · G-3 line 5
Margin on patient care
5.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $40.2M in its first year on file (1996) to $79.7M in 2025.
  • Its result from patient care: −$3.2M (2023), $2.6M (2024), $4.7M (2025).
  • 3 of the 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 9.6% of its inpatient days and Medicare for 11.4%.
  • TENET HEALTHCARE CORPORATION holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$40.2M
$47.6M
1997
reopened
$40.4M
$45.3M
1998
settled with audit
$39.2M
$48.4M
1999
reopened
$38.3M
$47.4M
2000
reopened
$45.2M
$45.9M
2001
reopened
$46.9M
$49.1M
2002
reopened
$52.5M
$54.1M
2003
settled
$49.5M
$54.1M
2004
reopened
$46.4M
$53.4M
2005
reopened
$51.9M
$56.9M
2006
reopened
$53.6M
$59.6M
2007
reopened
$62.9M
$61.7M
2008
reopened
$70.1M
$66.2M
2009
reopened
$70.4M
$75.0M
2010
reopened
$70.7M
$77.2M
2011
reopened
$65.3M
$63.0M
2012
reopened
$77.6M
$77.9M
2013
reopened
$72.7M
$82.9M
2014
settled
$71.6M
$83.6M
2015
settled
$75.5M
$78.8M
2016
reopened
$70.7M
$75.1M
2017
settled
$76.1M
$73.6M
2018
reopened
$77.5M
$70.5M
2019
reopened
$80.3M
$69.9M
2020
settled
$67.7M
$66.3M
2021
settled
$75.4M
$71.0M
2022
settled
$69.0M
$71.3M
2023
settled
$66.5M
$69.7M
2024
as submitted
$74.4M
$71.8M
2025
as submitted
$79.7M
$75.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Rehabilitation Institute of Michigan67$79,703,131$74,956,8125.9%
Encompass Health Rehabilitation Hospital of York, York (PA)67$44,830,065$38,379,72814.4%
Encompass Health Rehabilitation Hospital of East Valley, Mesa (AZ)70$36,598,849$31,968,05812.7%
Madonna Rehabilitation Hospital Lincoln, Lincoln (NE)67$186,956,140$206,384,471−10.4%
Mary Free Bed Rehabilitation Hospital, Grand Rapids139$187,171,621$226,109,789−20.8%
Novant Health Rehabilitation Hospital, an Affiliate of Encompass Healt, Winston Salem (NC)68$38,518,515$28,127,24327.0%

Patients and payers

Discharges
846
S-3 line 14, col 15
Inpatient days
16,533
S-3 line 14, col 8
Beds in use, on an average day
45.4
days ÷ days in year
Occupancy
67.6%
days ÷ bed days
Medicare share of days
11.4%
S-3 cols 6 ÷ 8
Medicaid share of days
9.6%
S-3 cols 7 ÷ 8

Who owns it

  • TENET HEALTHCARE CORPORATION100%
  • VANGUARD HEALTH FINANCIAL COMPANY LLC100%
  • VANGUARD HEALTH HOLDING COMPANY I LLC100%
  • VANGUARD HEALTH HOLDING COMPANY II LLC100%
  • VANGUARD HEALTH MANAGEMENT INC100%
  • VANGUARD HEALTH SYSTEMS INC100%
  • VHS OF MICHIGAN INC100%
  • MORGAN STANLEY DEAN WITTER CAPITAL8%

Indirect owner: MORGAN STANLEY DEAN WITTER CAPITAL

Related organizations on its own cost report: TENET HEALTHCARE CORPORATION, parent company; CONIFER, credit and collection; GLOBAL BUSINESS CENTER, accounting support; DMC REGIONAL, healthcare; AHPF, laundry services.

Other hospitals with the same owner: St. Mary's Hospital (AZ), St. Joseph's Hospital (AZ), Abrazo Central Campus (AZ), Abrazo Scottsdale Campus (AZ), Abrazo Arrowhead Campus (AZ), Arizona Spine and Joint Hospital (AZ), Abrazo West Campus (AZ), Arizona Specialty Hospital (AZ), HCH Tucson Holdings (AZ).

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 233027. 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 6, 2026.