Velarion Records

Long-term care hospital · Cincinnati, Ohio · 82 beds · CMS certification number 362004

Daniel Drake Center for Post-Acute C

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 8, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$44.2M
$44,188,288 · G-3 line 3
Operating expenses
$88.2M
$88,222,176 · G-3 line 4
Result from patient care
−$44.0M
−$44,033,888 · G-3 line 5
Margin on patient care
−99.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $31.0M in its first year on file (1997) to $44.2M in 2025.
  • Its result from patient care: −$20.1M (2023), −$22.9M (2024), −$44.0M (2025).
  • None of the 5 long-term care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 6.4% of its inpatient days and Medicare for 22.9%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$31.0M
$43.6M
1998
reopened
$36.1M
$45.1M
1999
reopened
$35.4M
$46.5M
2000
settled
$33.5M
$51.2M
2001
reopened
$44.4M
$58.1M
2002
settled
$48.0M
$63.9M
2003
settled
$53.9M
$68.8M
2004
settled with audit
$54.3M
$70.9M
2005
settled
$52.2M
$65.7M
2006
reopened
$47.4M
$86.9M
2007
settled
$50.4M
$64.3M
2008
settled
$57.3M
$63.7M
2009
settled
$57.4M
$68.4M
2010
settled
$53.0M
$75.4M
2011
settled
$59.6M
$74.6M
2012
reopened
$50.8M
$68.3M
2013
settled
$46.4M
$61.5M
2014
reopened
$51.2M
$64.5M
2015
settled
$57.0M
$71.7M
2016
reopened
$58.1M
$74.2M
2017
reopened
$65.0M
$64.2M
2018
reopened
$71.3M
$72.2M
2019
settled
$46.9M
$70.1M
2020
settled
$183.0M
$70.9M
2021
settled
$42.5M
$65.7M
2022
settled
$40.3M
$72.6M
2023
settled
$39.0M
$59.0M
2024
settled
$43.7M
$66.7M
2025
as submitted
$44.2M
$88.2M

Beside its peers

Long-term care hospitals in Ohio with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Daniel Drake Center for Post-Acute C82$44,188,288$88,222,176−99.7%
Regency Hospital of North Central Ohio (Cleveland), Warrensville Heights87$62,770,935$56,983,7889.2%
Regency Hospital of Toledo, Sylvania76$36,400,398$32,039,44912.0%
Select Specialty Hospital -Akron, Akron60$34,055,700$31,897,8576.3%
Select Specialty Hospital - Cincinnati, Cincinnati71$38,802,970$32,252,77016.9%
Select Specialty Hospital - Cleveland Fairhill, Cleveland68$44,821,964$43,630,9742.7%

Patients and payers

Discharges
278
S-3 line 14, col 15
Inpatient days
8,064
S-3 line 14, col 8
Beds in use, on an average day
22.2
days ÷ days in year
Occupancy
26.9%
days ÷ bed days
Medicare share of days
22.9%
S-3 cols 6 ÷ 8
Medicaid share of days
6.4%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: UC HEALTH (100%), healthcare.

Type of control on its cost report: voluntary nonprofit, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 362004. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 8, 2025.