Rehabilitation hospital · Blue Ash, Ohio · 40 beds · CMS certification number 363047
Cincinnati Rehabilitation Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS July 14, 2026. Two years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $8.7M in its first year on file (2024) to $13.5M in 2025.
- Its result from patient care: −$6.1M (2024), −$2.5M (2025).
- 3 of the 5 rehabilitation hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
- Medicaid paid for 2.9% of its inpatient days and Medicare for 50.1%.
- NKD REHAB, LLC holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
Two years of filings
Net patient revenue against operating expenses, each year as filed.
as submitted
as submitted
Beside its peers
Rehabilitation hospitals in Ohio with 25 to 49 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Cincinnati Rehabilitation Hospital | 40 | $13,533,941 | $16,066,907 | −18.7% |
| Clearsky Rehabilitation Hospital of Lancaster, Lancaster | 36 | $1,449,062 | $3,548,654 | −144.9% |
| Encompass Health Rehabilitation Hospital of Toledo, Toledo | 40 | $17,426,669 | $17,708,127 | −1.6% |
| Liberty Rehabilitation Hospital, Liberty Township | 36 | $10,818,087 | $11,529,868 | −6.6% |
| Pam Rehabilitation Hospital of Dayton, Miamisburg | 42 | $24,377,562 | $23,631,611 | 3.1% |
| Rehabilitation Hospital of Northwest Ohio, Toledo | 40 | $16,577,754 | $15,867,383 | 4.3% |
Patients and payers
- Discharges
- 626S-3 line 14, col 15
- Inpatient days
- 7,323S-3 line 14, col 8
- Beds in use, on an average day
- 20.1days ÷ days in year
- Occupancy
- 50.2%days ÷ bed days
- Medicare share of days
- 50.1%S-3 cols 6 ÷ 8
- Medicaid share of days
- 2.9%S-3 cols 7 ÷ 8
Who owns it
- NKD REHAB, LLC100%
- NOBIS HOSPITAL INVESTMENTS, LLC100%
- NOBIS REHABILITATION HOLDINGS, LLC100%
- KENNOR CROSS OPCO25%
- SHANE SHOULDERS16%
- SHAVELT MANAGEMENT INVESTORS, LLC9%
- MARK HEATH8%
- JERRY HUGGLER7%
- TRACEY NIXON6%
- 5R REAL ESTATE INVESTMENTS, LLC6%
- DENO MAGGI6%
- SHIRES EQUITY MANAGEMENT, LLC6%
Other hospitals with the same owner: Reunion Rehabilitation Hospital Denver (CO), Nobis Rehabilitation Partners (FL), Indianapolis Rehabilitation Hospital (IN), Johnson County Rehabilitation Hospital (KS), Nobis Rehabilitation Partners (OK), Oklahoma City Rehabilitation Hospital (OK), Milwaukee Rehabilitation Hospital (WI), Shreveport Rehabilitation Hospital (LA).
Type of control on its cost report: proprietary, other.
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 363047. 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 July 14, 2026.