Velarion Records

Short-term acute care hospital · Buffalo, New York · 954 beds · CMS certification number 330005

Kaleida Health

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.9B
$1,943,747,837 · G-3 line 3
Operating expenses
$1.9B
$1,931,061,209 · G-3 line 4
Result from patient care
$12.7M
$12,686,628 · G-3 line 5
Margin on patient care
0.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $258.4M in its first year on file (1996) to $1.9B in 2025.
  • Its result from patient care: −$117.0M (2023), −$69.9M (2024), $12.7M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 6.8% of its inpatient days and Medicare for 14.5%.
  • KALEIDA HEALTH 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
$258.4M
$267.4M
1997
reopened
$257.3M
$270.3M
1998
settled with audit
$459.1M
$489.9M
1999
reopened
$632.5M
$676.8M
2000
reopened
$598.5M
$704.4M
2001
reopened
$570.5M
$722.2M
2002
reopened
$679.2M
$718.5M
2003
reopened
$668.0M
$758.6M
2004
reopened
$716.0M
$788.8M
2005
reopened
$771.6M
$831.8M
2006
reopened
$780.6M
$841.8M
2007
reopened
$844.4M
$904.2M
2008
reopened
$905.1M
$973.5M
2009
settled with audit
$967.9M
$1.0B
2010
reopened
$943.8M
$1.1B
2011
reopened
$1.1B
$1.1B
2012
reopened
$1.1B
$1.1B
2013
reopened
$1.1B
$1.1B
2014
reopened
$1.1B
$1.1B
2015
reopened
$1.2B
$1.2B
2016
reopened
$1.2B
$1.2B
2017
reopened
$1.2B
$1.3B
2018
reopened
$1.3B
$1.3B
2019
reopened
$1.3B
$1.4B
2020
reopened
$1.2B
$1.4B
2021
settled
$1.3B
$1.4B
2022
settled
$1.4B
$1.5B
2023
amended
$1.5B
$1.6B
2024
amended
$1.7B
$1.8B
2025
as submitted
$1.9B
$1.9B

Beside its peers

Short-term acute care hospitals in New York with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Kaleida Health954$1,943,747,837$1,931,061,2090.7%
Long Island Jewish Medical Center, New Hyde Park1,161$3,637,233,289$4,927,857,412−35.5%
Montefiore Medical Center, Bronx1,428$3,926,707,000$5,953,993,000−51.6%
Mount Sinai Hospital, New York1,046$4,013,326,000$5,013,175,857−24.9%
North Shore University Hospital, Manhasset815$2,818,044,660$4,041,695,967−43.4%
University of Rochester, Rochester749$4,198,837,243$3,853,795,7058.2%

Patients and payers

Discharges
49,100
S-3 line 14, col 15
Inpatient days
289,689
S-3 line 14, col 8
Beds in use, on an average day
795.8
days ÷ days in year
Occupancy
83.2%
days ÷ bed days
Medicare share of days
14.5%
S-3 cols 6 ÷ 8
Medicaid share of days
6.8%
S-3 cols 7 ÷ 8

Who owns it

  • KALEIDA HEALTH100%

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 KALEIDA HEALTH (employer identification number 161533232) for tax year 2023, once for the 4 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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 330005. 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 22, 2026.