Rehabilitation hospital · Winston Salem, North Carolina · 68 beds · CMS certification number 343027
Novant Health Rehabilitation Hospital, an Affiliate of Encompass Healt
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS February 23, 2026. Seven years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $16.0M in its first year on file (2019) to $38.5M in 2025.
- Its result from patient care: $5.5M (2023), $8.5M (2024), $10.4M (2025).
- 3 of the 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
- Medicaid paid for 0.4% of its inpatient days and Medicare for 48.9%.
- ENCOMPASS HEALTH CORPORATION holds 50% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
Seven years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Hospitals of the same type (rehabilitation hospital), nearest in size, from North Carolina first; each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Novant Health Rehabilitation Hospital, an Affiliate of Encompass Healt | 68 | $38,518,515 | $28,127,243 | 27.0% |
| Carolinas Rehabilitation, Charlotte | 150 | $129,292,000 | $131,887,747 | −2.0% |
| Encompass Health Rehabilitation Hospital of East Valley, Mesa (AZ) | 70 | $36,598,849 | $31,968,058 | 12.7% |
| Madonna Rehabilitation Hospital Lincoln, Lincoln (NE) | 67 | $186,956,140 | $206,384,471 | −10.4% |
| Peak Rehabilitation Hospital, Apex | 52 | $13,407,890 | $13,250,558 | 1.2% |
| Rehabilitation Institute of Michigan, Detroit (MI) | 67 | $79,703,131 | $74,956,812 | 5.9% |
Patients and payers
- Discharges
- 1,686S-3 line 14, col 15
- Inpatient days
- 21,541S-3 line 14, col 8
- Beds in use, on an average day
- 59.2days ÷ days in year
- Occupancy
- 86.8%days ÷ bed days
- Medicare share of days
- 48.9%S-3 cols 6 ÷ 8
- Medicaid share of days
- 0.4%S-3 cols 7 ÷ 8
Who owns it
- ENCOMPASS HEALTH CORPORATION50%
- ENCOMPASS HEALTH JOINT VENTURES HOLDINGS, LLC50%
- ENCOMPASS HEALTH WINSTON-SALEM HOLDINGS LLC50%
- FORSYTH MEMORIAL HOSPITAL INC50%
- NOVANT HEALTH, INC.50%
- VANGUARD GROUP INC5%
Related organizations on its own cost report: ENCOMPASS HEALT, healthcare; FORSYTH MEMORIA, healthcare.
Other hospitals with the same owner: Encompass Health Lakeshore Rehabilitation Hospital (AL), Encompass Health Rehabilitation Hospital of Montgomery (AL), Encompass Health Rehabilitation Hospital of North Alabama (AL), Encompass Health Rehabilitation Hospital of Dothan (AL), Encompass Health Rehabilitation Hospital of Shelby County (AL), Encompass Health Rehabilitation Hospital of Gadsden (AL), Rehabilitation Hospital of Phenix City (AL), Encompass Health Rehabilitation Hospital of Scottsdale (AZ), Encompass Health Rehabilitation Institute of Tucson (AZ), Encompass Health Rehabilitation Hospital of Northwest Tucson (AZ), Encompass Health Valley of the Sun Rehabilitation Hospital (AZ), Yuma Rehabilitation Hospital, an Affiliation of Encompass Health and Y (AZ).
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 343027. 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 February 23, 2026.