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Rehabilitation hospital · Asheville, North Carolina · 72 beds · CMS certification number 343025

Carepartners Rehabilitation Hospital, LLLP

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended November 30, 2024, settled, stamped by CMS June 29, 2026. 30 years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$91.3M
$91,283,167 · G-3 line 3
Operating expenses
$99.5M
$99,533,679 · G-3 line 4
Result from patient care
−$8.3M
−$8,250,512 · G-3 line 5
Margin on patient care
−9.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $18.3M in its first year on file (1996) to $34.8M in 2025.
  • Its result from patient care: −$2.0M (2023), −$8.3M (2024), −$8.6M (2025).
  • 2 of the 5 rehabilitation hospital peers below with a margin on file also report a loss on patient care for fiscal year 2024.
  • Medicaid paid for 0.6% of its inpatient days and Medicare for 53.9%.
  • HCA HEALTHCARE INC 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
settled with audit
$18.3M
$19.0M
1997
settled
$21.4M
$23.8M
1998
settled
$24.2M
$27.2M
1999
reopened
$23.7M
$27.9M
2000
settled
$21.7M
$25.2M
2001
settled
$22.4M
$24.8M
2002
settled
$22.9M
$24.9M
2003
settled
$25.9M
$25.8M
2004
settled
$51.2M
$53.7M
2005
reopened
$51.8M
$55.0M
2006
reopened
$54.5M
$57.6M
2007
settled
$59.4M
$61.8M
2008
settled
$63.6M
$66.4M
2009
settled
$63.7M
$67.1M
2010
settled
$62.7M
$66.3M
2011
settled with audit
$69.3M
$73.0M
2012
settled
$75.4M
$78.0M
2013
settled
$75.1M
$80.9M
2014
settled
$78.6M
$84.6M
2015
settled
$81.3M
$83.5M
2016
settled
$88.2M
$93.9M
2017
settled
$95.2M
$100.1M
2018
settled
$85.9M
$88.8M
2019
settled
$84.1M
$87.2M
2020
settled
$100.8M
$106.0M
2021
settled
$100.3M
$93.1M
2022
settled
$96.8M
$93.1M
2023
settled
$98.8M
$100.7M
2024
settled
$91.3M
$99.5M
2025
as submitted
$34.8M
$43.4M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from North Carolina first; each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Carepartners Rehabilitation Hospital, LLLP72$91,283,167$99,533,679−9.0%
Carolinas Rehabilitation, Charlotte150$122,841,913$137,291,393−11.8%
Encompass Health Rehabilitation Hospital of North Tampa, Lutz (FL)71$32,386,841$29,550,7318.8%
Encompass Health Rehabilitation Hospital of Northern Kentucky, Edgewood (KY)71$35,536,372$32,078,7389.7%
Novant Health Rehabilitation Hospital, an Affiliate of Encompass Healt, Winston Salem68$35,593,742$27,091,20123.9%
Patricia Neal Rehabilitation Hospital, Knoxville (TN)73$31,109,778$38,096,571−22.5%

Patients and payers

Discharges
1,222
S-3 line 14, col 15
Inpatient days
15,794
S-3 line 14, col 8
Beds in use, on an average day
43.3
days ÷ days in year
Occupancy
69.4%
days ÷ bed days
Medicare share of days
53.9%
S-3 cols 6 ÷ 8
Medicaid share of days
0.6%
S-3 cols 7 ÷ 8

Who owns it

  • HCA HEALTHCARE INC100%
  • HCA INC100%
  • HEALTHTRUST INC - THE HOSPITAL COMPANY100%
  • HTI HOSPITAL HOLDINGS INC100%
  • MH HOSPITAL HOLDING INC100%
  • MH MASTER HOLDING LLLP99%
  • FRISCO HOLDING II16%
  • HERCULES HOLDING II14%

Related organizations on its own cost report: HCA HPG FEES (67%), healthcare; HCA IT&S FEES (100%), healthcare; HCA MANAGEMENT (100%), healthcare; SHARED SERVICE (100%), healthcare; SUPPLY CHAIN (100%), healthcare.

Other hospitals with the same owner: Alaska Regional Hospital (AK), Riverside Community Hospital (CA), Good Samaritan Hospital (CA), Los Robles Hospital and Medical Center (CA), HCA Healthone Presbyterian St. Luke's Hospital (CO), HCA Healthone Rose Hospital (CO), HCA Healthone Swedish Hospital (CO), HCA Healthone Mountain Ridge Hospital (CO), HCA Healthone Aurora Hospital (CO).

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 343025. 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 June 29, 2026.