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Rehabilitation hospital · Billings, Montana · 34 beds · CMS certification number 273025

Rehabilitation Hospital of Montana

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 26, 2026. Seven years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$18.9M
$18,902,865 · G-3 line 3
Operating expenses
$16.7M
$16,731,404 · G-3 line 4
Result from patient care
$2.2M
$2,171,461 · G-3 line 5
Margin on patient care
11.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.9M in its first year on file (2019) to $18.9M in 2025.
  • Its result from patient care: $875K (2023), $1.1M (2024), $2.2M (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 9.3% of its inpatient days and Medicare for 57.7%.
  • BILLINGS CLINIC SPECIALTY SUPPLIES AND SERVICES, LLC holds 33% of it, on its Medicare enrollment.

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

Seven years of filings

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

Net patient revenueOperating expenses
2019
settled
$1.9M
$3.1M
2020
settled
$10.8M
$10.1M
2021
settled
$14.2M
$12.0M
2022
settled
$15.1M
$11.8M
2023
as submitted
$15.4M
$14.5M
2024
as submitted
$18.4M
$17.3M
2025
as submitted
$18.9M
$16.7M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Rehabilitation Hospital of Montana34$18,902,865$16,731,40411.5%
Anderson Rehabilitation Institute, Edwardsville (IL)34$19,119,007$16,506,39813.7%
Powers Health Rehabilitation Center, Crown Point (IN)35$33,286,411$30,944,0927.0%
Encompass Health Rehabilitation Hospital of Shelby County, Pelham (AL)34$19,609,221$17,356,15311.5%
Pam Rehabilitation Hospital of Dover, Dover (DE)34$31,854,928$22,367,48329.8%
St. Luke's Rehabilitation Hospital, Chesterfield (MO)35$25,212,145$17,007,25532.5%

Patients and payers

Discharges
784
S-3 line 14, col 15
Inpatient days
7,731
S-3 line 14, col 8
Beds in use, on an average day
21.2
days ÷ days in year
Occupancy
62.3%
days ÷ bed days
Medicare share of days
57.7%
S-3 cols 6 ÷ 8
Medicaid share of days
9.3%
S-3 cols 7 ÷ 8

Who owns it

  • BILLINGS CLINIC SPECIALTY SUPPLIES AND SERVICES, LLC33%
  • DSB ACQUISITION LLC33%
  • LIFEPOINT HEALTH INC33%
  • LIFEPOINT REHAB BLOCKER PARENT LLC33%
  • LIFEPOINT REHAB LLC33%
  • LPNT DEVELOPMENT 69, LLC33%
  • SCL HEALTH PARTNERS, LLC33%

Related organizations on its own cost report: LIFEPOINT HEALTH (33%), home office cost; BILLINGS CLINIC (33%), hospital services; ST. VINCENT (33%), 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 273025. 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 26, 2026.