Velarion Records

Rehabilitation hospital · West Orange, New Jersey · 336 beds · CMS certification number 313025

Kessler Rehab Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 4, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$327.6M
$327,591,307 · G-3 line 3
Operating expenses
$286.6M
$286,631,460 · G-3 line 4
Result from patient care
$41.0M
$40,959,847 · G-3 line 5
Margin on patient care
12.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $83.3M in its first year on file (1996) to $327.6M in 2025.
  • Its result from patient care: $47.3M (2023), $46.2M (2024), $41.0M (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 1.4% of its inpatient days and Medicare for 47.6%.
  • KESSLER REHABILITATION 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
$83.3M
$78.8M
1997
settled with audit
$85.5M
$83.8M
1998
settled with audit
$88.2M
$86.3M
1999
settled
$95.1M
$91.4M
2000
settled with audit
$99.9M
$94.8M
2001
settled with audit
$115.4M
$109.5M
2002
settled with audit
$135.1M
$117.7M
2003
settled with audit
$126.8M
$124.0M
2004
settled
$137.8M
$115.0M
2005
reopened
$128.7M
$107.9M
2006
reopened
$164.6M
$108.3M
2007
reopened
$172.3M
$112.1M
2008
reopened
$212.6M
$114.0M
2009
reopened
$203.8M
$115.9M
2010
reopened
$204.8M
$118.8M
2011
reopened
$70.9M
$119.5M
2012
reopened
$226.2M
$174.6M
2013
reopened
$209.8M
$168.6M
2014
settled with audit
$209.7M
$173.3M
2015
reopened
$215.2M
$179.9M
2016
reopened
$220.5M
$183.8M
2017
reopened
$226.0M
$185.1M
2018
reopened
$231.7M
$193.4M
2019
reopened
$236.5M
$198.8M
2020
settled
$214.6M
$187.3M
2021
settled with audit
$245.3M
$206.1M
2022
settled
$255.5M
$221.8M
2023
as submitted
$274.0M
$226.6M
2024
amended
$310.3M
$264.2M
2025
as submitted
$327.6M
$286.6M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Kessler Rehab Center336$327,591,307$286,631,46012.5%
Encompass Health Rehabilitation Hospital of Toms River, Toms River98$63,633,296$49,645,52722.0%
Encompass Health Rehabilitation Hospital of Tinton Falls, A Joint Vent, Tinton Falls60$37,993,568$27,462,91627.7%
Encompass Health Rehabilitation Hospital of Vineland, Vineland41$28,443,566$23,700,20316.7%
Lawrence Rehabilitation Hospital, Lawrenceville60$41,237,310$40,370,2382.1%
Kessler Institute for Rehabilitation, Marlton61$46,932,013$39,109,25316.7%

Patients and payers

Discharges
6,465
S-3 line 14, col 15
Inpatient days
99,312
S-3 line 14, col 8
Beds in use, on an average day
272.8
days ÷ days in year
Occupancy
81.0%
days ÷ bed days
Medicare share of days
47.6%
S-3 cols 6 ÷ 8
Medicaid share of days
1.4%
S-3 cols 7 ÷ 8

Who owns it

  • KESSLER REHABILITATION CORPORATION100%
  • SELECT MEDICAL CORPORATION100%
  • SELECT MEDICAL HOLDINGS CORPORATION100%
  • STALLION GROUP PARENT LP97%
  • STALLION INTERMEDIATE CORPORATION97%
  • WCAS XIV LP40%
  • ROBERT A ORTENZIO18%
  • CAS STALLION CO INVESTMENTS LP14%
  • CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM6%
  • MUIR WOODS PARTNERS LP6%
  • THE ROCCO A ORTENZIO REVOCABLE TRUST, DTE 8-14-2007, AS AMENDED6%

Related organizations on its own cost report: SELECT MEDICAL, 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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 313025. 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 4, 2026.