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Rehabilitation hospital · Madison, New Jersey · 38 beds · CMS certification number 313038

Atlantic Rehabilitation Institute

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

Fiscal 2025 at a glance

Net patient revenue
$27.4M
$27,384,514 · G-3 line 3
Operating expenses
$21.4M
$21,415,796 · G-3 line 4
Result from patient care
$6.0M
$5,968,718 · G-3 line 5
Margin on patient care
21.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $20.1M in its first year on file (2020) to $27.4M in 2025.
  • Its result from patient care: $6.0M (2023), $7.2M (2024), $6.0M (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 0.7% of its inpatient days and Medicare for 64.6%.
  • AHS HOSPITAL CORP holds 55% of it, on its Medicare enrollment.

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

Six years of filings

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

Net patient revenueOperating expenses
2020
settled
$20.1M
$18.4M
2021
settled
$23.2M
$18.0M
2022
settled
$23.2M
$17.9M
2023
settled
$24.5M
$18.5M
2024
as submitted
$26.0M
$18.8M
2025
as submitted
$27.4M
$21.4M

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
Atlantic Rehabilitation Institute38$27,384,514$21,415,79621.8%
Encompass Health Rehabilitation Hospital of Vineland, Vineland41$28,443,566$23,700,20316.7%
Encompass Health Rehabilitation Hospital of Tinton Falls, A Joint Vent, Tinton Falls60$37,993,568$27,462,91627.7%
Encompass Health Rehabilitation Hospital of Toms River, Toms River98$63,633,296$49,645,52722.0%
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
1,132
S-3 line 14, col 15
Inpatient days
12,165
S-3 line 14, col 8
Beds in use, on an average day
33.4
days ÷ days in year
Occupancy
87.7%
days ÷ bed days
Medicare share of days
64.6%
S-3 cols 6 ÷ 8
Medicaid share of days
0.7%
S-3 cols 7 ÷ 8

Who owns it

  • AHS HOSPITAL CORP55%
  • DSB ACQUISITION LLC45%
  • KND DEVELOPMENT 65 LLC45%
  • LIFEPOINT HEALTH INC45%
  • LIFEPOINT REHAB LLC45%
  • LIFEPOINT REHAB BLOCKER PARENT LLC40%
  • WCAS XII HOSPITAL LLC14%
  • TPG VII KENTUCKY BL I LLC13%
  • PSP HOSPITAL HOLDINGS LLC8%
  • LIFEPOINT REHAB BLOCKER LLC5%

Related organizations on its own cost report: LIFEPOINT HEALTH (45%), home office cost; ATLANTIC HEALTH SYSTEM (55%), 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 313038. 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 26, 2026.