Velarion Records

Short-term acute care hospital · Omaha, Nebraska · 643 beds · CMS certification number 280013

The Nebraska Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 11, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.8B
$1,815,880,059 · G-3 line 3
Operating expenses
$2.7B
$2,676,407,964 · G-3 line 4
Result from patient care
−$860.5M
−$860,527,905 · G-3 line 5
Margin on patient care
−47.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $249.0M in its first year on file (1997) to $1.8B in 2025.
  • Its result from patient care: −$781.0M (2023), −$767.4M (2024), −$860.5M (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 1.1% of its inpatient days and Medicare for 24.3%.
  • NEBRASKA MEDICINE 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
1997
reopened
$249.0M
$234.8M
1998
reopened
$257.6M
$252.9M
1999
reopened
$389.3M
$417.7M
2000
reopened
$391.0M
$415.0M
2001
reopened
$380.2M
$382.5M
2002
reopened
$395.2M
$410.2M
2003
reopened
$428.8M
$436.4M
2004
reopened
$466.4M
$466.3M
2005
reopened
$515.6M
$512.9M
2006
reopened
$591.5M
$572.0M
2007
reopened
$622.6M
$595.1M
2008
reopened
$676.1M
$645.8M
2009
reopened
$721.2M
$700.5M
2010
reopened
$773.6M
$730.6M
2011
reopened
$753.4M
$723.5M
2012
reopened
$745.8M
$743.5M
2013
settled with audit
$689.0M
$704.7M
2014
reopened
$753.9M
$747.1M
2015
reopened
$858.0M
$862.9M
2016
reopened
$944.5M
$1.2B
2017
reopened
$1.0B
$1.3B
2018
reopened
$1.0B
$1.4B
2019
reopened
$1.1B
$1.6B
2020
reopened
$1.3B
$1.7B
2021
settled with audit
$1.3B
$1.8B
2022
settled with audit
$1.3B
$2.0B
2023
amended
$1.4B
$2.2B
2024
amended
$1.6B
$2.4B
2025
as submitted
$1.8B
$2.7B

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
The Nebraska Medical Center643$1,815,880,059$2,676,407,964−47.4%
Bryan Medical Center, Lincoln478$1,076,531,289$978,342,9179.1%
CHI Health Creighton University Medical Center - Bergan Mercy, Omaha389$664,510,222$659,860,5460.7%
CHI Health St. Elizabeth, Lincoln137$202,198,840$205,479,797−1.6%
CHI Health St. Francis, Grand Island140$140,791,266$154,548,076−9.8%
Methodist Hospital, Omaha379$855,228,000$812,743,5715.0%

Patients and payers

Discharges
23,676
S-3 line 14, col 15
Inpatient days
188,475
S-3 line 14, col 8
Beds in use, on an average day
517.8
days ÷ days in year
Occupancy
80.3%
days ÷ bed days
Medicare share of days
24.3%
S-3 cols 6 ÷ 8
Medicaid share of days
1.1%
S-3 cols 7 ÷ 8

Who owns it

  • NEBRASKA MEDICINE100%
  • UNIVERSITY OF NEBRASKA BOARD OF REGENTS100%

Related organizations on its own cost report: NEBRASKA MEDICI, hospital.

Type of control on its cost report: voluntary nonprofit, other.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Community benefit, as filed

Community benefit is filed on IRS Form 990 Schedule H by The Nebraska Medical Center (employer identification number 911858433) for tax year 2022, once for the 2 hospital facilities the return lists, this hospital among them. The return does not divide it among them.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 280013. 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 11, 2025.